Valuation

Valuation in forensic accounting involves determining the economic worth of an asset, business, or financial claim, often in the context of legal disputes or investigations. Forensic accountants use various methods to assess value, considering factors like income, market conditions, and tangible assets. This process is crucial in legal cases involving divorces, fraud, or damages, where accurate valuation helps ensure fair settlements and financial accountability. Ultimately, forensic accountants provide an objective analysis that supports legal decisions by establishing a clear picture of financial realities.