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Forensic Accounting

Insurance Company, Miami, Florida

“As an insurance company, we often get business interruption claims. These claims – for the most part – come from natural disasters such as hurricanes, fires, or tornados. They can also be derived from machinery breakdown or disasters that have taken place at the workplace. The challenge for a business interruption claim is that the insurance company has to quantify revenue and income loss. In order to determine the accuracy and validity of the claim, we need to understand the business operation without the disruption. For this, we count on the forensic analysis of Foodman CPAs & Advisors. They will analyze all the books and records, financial statements, and business trends. The understanding of all the financials before an incident takes place is key to an insurance company making the right payout to its insured clients.”

— Insurance Company, Miami, Florida

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