FORENSIC ACCOUNTING

FORENSIC ACCOUNTING 2017-05-26T12:27:54+00:00

Kim is a Certified Public Accountant (CPA), is Accredited in Business Valuation (ABV), is Certified in Financial Forensics (CFF), and is a Certified Fraud Examiner (CFE). He provides litigation support services in the areas of economic damages, expert testimony, business valuations and divorce matters. He has served as an expert in California and Federal court. Mr. Onisko serves all of Southern California with his forensic accounting services.

Within minutes of meeting Kim Onisko, CPA, ABV, CFF, CFE, our lead forensic accountant, you will quickly feel at ease. Kim’s ability to relate accounting terminology in an easy to understand style has contributed enormously to his successful career. His ability to assess a client’s needs, and communicate them effectively have made him a client’s favorite for the past 20 years.

The following results of a study conducted by the AICPA “Characteristics and Skills of the Forensic Accountant” describe Kim’s personality and qualifications. Here are a few excerpts from the executive summary.

The marketplace requires the forensic accountant to possess a different skill set from the traditional accountant.

The survey found that 60% of more of the attorneys respondents ranked being analytical, detailed-oriented and ethical as essential traits and characteristics.

Attorneys ranked effective oral communication as their top core skill for forensic accountants and that was followed by the forensic accountant’s ability to simplify the information.

More than 80% of the attorney respondents identified inability to simplify the information and ineffective oral communication skills as the top-two reasons why forensic accountants are ineffective, which is consistent with their top 5 ranking core skills for forensic accountants.

It is important for a forensic accountant to possess a relevant credential.

The report is available here.

Forensic accounting involves the application of special skill in accounting, auditing, finance, quantitative methods, certain areas of the law and research, and investigative skills to collect, analyze, and evaluate evidential matter and to interpret and communicate findings.

We use auditing and investigative techniques in the following areas:

Economic Damages

  • Breach of Contract
  • Lost Profits
  • Lost Wages
  • Loss of Rents
  • Inventory Losses
  • Intellectual Property Infringement
  • Business Interruption
  • Fidelity Bond Loss
  • Real Estate and Construction Disputes

Fraud

  • Fraudulent Financial Reporting
  • Employee Fraud
    • Embezzlement
    • Cash and check schemes
    • Accounts receivable fraud
    • Inventory fraud
    • Accounts payable fraud
    • Fictitious disbursements

Family Law

  • Income Available for Support
  • Undisclosed income
  • Business Valuation
  • Hidden Assets
  • Family Lawyer Magazine

Expert Testimony

  • Litigation Services

Due Diligence

Estate & Trust Forensic Accounting

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If you require a CPA that goes above and beyond in the areas of tax and accounting, please contact Onisko & Scholz today.