Professional Services
FRP Advisory
Full Credential Description
we was engaged by a law firm on an urgent basis to provide litigation support just four days before a defense was to be filed on behalf of their client. The case involved defending claims related to statements made in a press release concerning capitalized assets and share capital in financial statements. Initially, we was tasked with addressing several accounting questions theoretically to aid the legal team in drafting the defense. However, upon reviewing the case specifics and the disclosed documents, we identified an additional issue regarding consolidated accounts that had not been previously considered.
Within three days of being approached, we delivered critical accounting advice that enabled the law firm to robustly defend its client’s position, ensuring that the defense accurately reflected generally accepted accounting principles. This swift and expert analysis not only strengthened the legal defense but also highlighted the importance of thorough financial scrutiny in litigation contexts.