Business Valuation

Truepoint Analytics provides business valuation expertise related to estate planning, buy-sell agreements, stockholder disputes and other commercial litigation, mergers and acquisitions, marital dissolution and tax reliance. Justifying the value of assets and liabilities is complex and critical for most businesses. Our professionals have the skills and experience to provide you with sound valuation advice and expert witness testimony. We are a trusted resource for credible opinions of value across many different industries and rely heavily on our expertise in forensic accounting, mastery of accounting principles and financial statement analysis to deliver value-added business valuations.

Causation Analysis and Liability Assessments

We rely on our background in economic and financial theory, in-depth knowledge of financial reporting requirements and accounting and tax standards, and practical business experience when assisting counsel in the analysis of causation and liability. Our knowledge and practical experience are complemented by analytical capabilities in finance, statistics and financial modeling.

Claims Against Accounting Firms

Litigation matters involving accounting malpractice claims require the expertise of Certified Public Accountants (CPAs) who are proficient with professional standards and are able to independently assess the application of and compliance with Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Statements On Standards For Tax Services, as well as other related professional standards. Truepoint Analytics has both the knowledge and experience to understand and interpret complex financial, tax, accounting and auditing issues and communicate them into easily understood presentations for litigators and representatives of the court. Our professionals have years of hands-on experience with accounting, financial reporting and auditing in both public accounting and private industry, and they regularly provide consulting, litigation and expert witness services in accounting malpractice cases. Accounting malpractice cases often involve allegations ranging from non-compliance with GAAS by local, regional and international accounting firms to misleading financial reporting by corporate financial executives. In connection with these matters, we are commonly retained to:

Damages Measurement

Evaluating damage claims requires a thorough understanding of the business in question, the situation at hand, the legal strategies of the parties, and the appropriate legal framework for damages. Our work on complex cases in a wide variety of industries and types of claims allows us to effectively formulate successful approaches while avoiding common pitfalls. In advancing or refuting a damages study for a client, we choose from a wide variety of methods and analytical approaches.

Expert Witness Testimony

The Truepoint Analytics team offers valuable litigation support services to trial lawyers as testifying experts on liability and damages issues. Our experts are Certified Fraud Examiners, Certified Public Accountants with “Big 4” experience, and former corporate financial executives. They bring credentials in a variety of fields, including CPA, CVA, BVA, CFE, and tax specialists. We also work with counsel to support or coordinate affiliated and nonaffiliated experts within the litigation team.

Forensic Accounting and Fraud Detection

Truepoint Analytics assists clients through diverse situations in which fraud, embezzlement or other illegal acts may have occurred. Our wide range of experience varies from simple acts of embezzlement to sophisticated schemes involving many parties and millions of dollars. Our work has involved all parties to a fraud, including litigation between the victim and the perpetrator or between the victim and third parties such as insurance companies, banks and accounting firms. Our analysis and project approach is designed to be “litigation ready.”

White-Collar Crime / Criminal Defense

With state and federal prosecutors focusing on investigations and prosecution of corporate executives and businesses, the need for experienced representation is essential. Holmes & Company has represented clients in a wide range of federal and state investigations and prosecutions. Our engagements can often assist in resolving criminal investigations quietly, without return of indictment or public knowledge of the criminal nature of the inquiry or investigation.