Services
Durkin Forensic is an accounting firm, providing extensive experience in the fields of Forensic Accounting, Bankruptcy and Insolvency, Forensic Data Analysis, Forensic Technology Services, and Fraud Risk Management. Our diverse capabilities enable us to strategically customize our approach to each individual case.
Durkin Forensic is an accounting firm, providing extensive experience in the fields of Forensic Accounting, Bankruptcy and Insolvency, Forensic Data Analysis, Forensic Technology Services, and Fraud Risk Management. Our diverse capabilities enable us to strategically customize our approach to each individual case.
Durkin Forensic, Inc.’s forensic accounting practice focuses on solving fraud and fraud related issues as well as assisting clients in matters involving litigation. The forensic accounting services we provide generally involve the application of specialized knowledge and investigative skills possessed by our CPAs and others in the firm who collect, analyze and evaluate data and interpret and communicate our findings in the courtroom, boardroom or other venues. We begin each engagement by gaining an understanding of our client’s objectives and needs. We then establish an agreement with our client and communicate appropriately. Whether the client’s needs are reactive or proactive in nature, our teams of highly credentialed accountants and data analysis professionals report the results of our work objectively.
At DFI, we use our forensic accounting and litigation consulting experience to assist our clients with quantification of economic damages and lost profits. Whether the case involves a breach of contract, shareholder or partnership disputes, insurance coverage issues or securities litigation, we always act with integrity throughout the dispute resolution process.
The DFI team possesses extensive experience in forensic accounting, litigation services, regulatory compliance and the use of cutting-edge computer forensics. Examples of our forensic accounting services include:
At DFI, we use our forensic accounting and litigation consulting experience to assist our clients with quantification of economic damages and lost profits. Whether the case involves a breach of contract, shareholder or partnership disputes, insurance coverage issues or securities litigation, we always act with integrity throughout the dispute resolution process.
The DFI team possesses extensive experience in forensic accounting, litigation services, regulatory compliance and the use of cutting-edge computer forensics. Examples of our forensic accounting services include:
- Fraud and Misconduct Investigations
- Fraud Risk Management
- Litigation Consulting & Dispute Resolution
- Expert Witness Testimony
- Regulatory Compliance
- Foreign Corrupt Practices Act Investigations
- Forensic Data Analysis D-FEAT™
How can you defeat fraud?
Although there is not a definitive answer, our D-FEAT™ service may be able to help. Our proprietary D-FEAT™ service consists of consulting services and forensic data analysis in the areas of fraud detection, prevention and response. At DFI, we have developed a proprietary forensic data analysis methodology that uses the most cutting edge technology and incorporates the knowledge and experience of trained investigative accountants. Part of this technology is our proprietary Durkin Forensic Electronic Analysis Tool, also aptly known as D-FEAT™. With our D-FEAT™ service, we are able to process and analyze substantial amounts of financial and non-financial data quickly and effectively. D-FEAT™ can help attorneys, organizations and internal audit departments identify anomalies and red flags that are indicative of fraud and other types of misconduct. Our D-FEAT™ service has been used successfully in both proactive and reactive engagements, across a broad range of industries, and can be tailored and customized to each client to help analyze an array of information, including client specific and proprietary data. Improve your chances to defeat fraud by allowing us to help you. Our D-FEAT™ service investigates and analyzes a variety of fraud schemes and scenarios, including:
- Fictitious Vendors and Customer Frauds
- Related Party Transactions
- Travel and Expense Fraud
- Accounts Payable Fraud
- Foreign Corrupt Practices Act Violations
- Manual Journal Entry Manipulation
- Payroll Fraud/ Ghost Employees
- Earnings Management
- Client Specific Analysis
Durkin Forensic, Inc. has state of the art capabilities to provide end to end electronic discovery services, from acquisition to processing through final production. With our advanced technology, extensive case experience and technical skills, we can help make the electronic discovery process swift and effective. Our methodology powers through voluminous amounts of data and provides relevant results. This, in turn, accelerates the investigative process and controls cost. Our robust searching capabilities uncover relevant emails and documents that are essential to an investigation. We also have the ability to recover data on a variety of electronic media such as internal hard drives, external hard drives, network drives, PDAs and cell phones.
Our email review methodology allows us to effectively examine voluminous amounts of information in a relatively short period of time. Using our innovative end-to-end capabilities, we acquire emails and documents, and then apply search terms to facilitate the focus of our review of relevant documents. Throughout the process we share our findings with our clients so that our progress is transparent. Some examples of DFI’s forensic technology capabilities include:
- Efficient Email and Document Review
- Forensic Imaging
- Computer Forensic Analysis
- Electronic Data Mining for Key Attributes
- Data Recovery on Various Electronic Medias
How likely is your organization to suffer adverse effects due to fraud?
The odds are high that some form of fraud or misconduct will surface in your organization. Although most frauds start out small, they grow over time and can lead to catastrophic consequences. DFI offers risk management services that help identify and mitigate the likelihood of fraud in your organization. In addition to economic, environmental and industry related challenges, organizations must face the possible risk of financial statement fraud, asset misappropriation and corruption. DFI’s proactive fraud risk management services help address these areas by strengthening your fraud prevention and detection mechanisms. We review the client’s control environment to identify possible areas of weakness by conducting fraud risk assessments, evaluating anti-fraud programs and reviewing internal controls. DFI’s risk management services help reduce the risks from fraud and improve the confidence of management, lenders, shareholders and audit committees (or similar oversight body). DFI’s proactive fraud risk management services help combat the hazards of:
- Earnings Management
- Misstatement of Assets and Liabilities
- Over-Billing
- Bribery and Other Misconduct
- Foreign Corrupt Practices Act Risk Areas
- Inventory Theft
- Embezzlement
- Related Party Transactions
- Kick-backs
Durkin Forensic Inc., professionals have practiced in the bankruptcy and insolvency arena for more than 25 years, acting in various capacities such as FBI agent, bankruptcy trustee, examiner, receiver and accountant to the trustee. In addition, we have acted as chief restructuring officer and have assisted both debtors and creditors as they work through bankruptcy proceedings. Our expertise is often used prior to or in lieu of bankruptcy and we are available to assist a struggling company or its creditors as they consider strategic alternatives in their efforts toward financial viability.
Ron Durkin served as a Chapter 7 panel trustee in the Central District of California for approximately seven years, during which time he oversaw the disposition of over 12,000 cases. As both a Chapter 7 Trustee and Chapter 11 Trustee, Ron handled several high profile individual, partnership and corporate bankruptcies. Together with his forensic accounting team, he worked to maximize the dividends paid to the creditors through preference and fraudulent transfer recoveries, sales of assets, claims analyses and negotiations with creditors. Many times the businesses continued operating under his supervision until a sale or a plan of reorganization could be approved.
We offer the following services within the bankruptcy and insolvency arena:
- Chief Restructuring Officer
- Federal and State Court Receiver
- Bankruptcy Trustee
- Bankruptcy Examiner
- Accountant to Trustees, Debtors, Examiners or Creditors’ Committees
