Forensic Accountant & Business Valuation Expert for New Jersey Matters

Forensic accounting engagements in New Jersey matters most often turn on four questions: what assets exist and where they went, what a closely held business is worth, what was lost and how that figure is supported, and whether the money moved the way the records say it did.

Joey Friedman, CPA, P.A. is a litigation-focused forensic accounting and business valuation firm engaged by counsel in New Jersey matters. The firm is based in Florida and works nationwide, handling records-based analysis remotely and traveling for deposition and trial testimony as a matter requires. Mr. Friedman has testified in state, federal and foreign courts, for plaintiffs and defendants, in civil, criminal and marital proceedings. The firm does not prepare income tax returns and does not provide tax planning services.

Working With Out-of-State Counsel

New Jersey matters are heard in the Superior Court of New Jersey, organized by vicinage, and in federal cases in the United States District Court for the District of New Jersey, which sits in Newark, Trenton and Camden. Mr. Friedman is regularly engaged in New Jersey matters in both.

Retaining a forensic accountant from outside the state is common in financial disputes, and in some matters it is preferred:

  • Conflict distance. An out-of-state expert is less likely to have prior or ongoing relationships with the parties, their businesses, their banks or their other advisors.
  • Records-based work travels. Tracing, normalization and damages analysis are performed on documents and data. The location of the analyst does not change what the records show.
  • Independence is visible. Where the parties move in the same local professional circles, distance from those circles is easier to explain to a finder of fact.

Forensic Accounting and Litigation Support

Hidden Asset Tracing

Following money through business accounts, related entities and personal accounts to establish what exists and where it went — common in divorce and in partnership disputes where one side controlled the books.

Business Valuation Disputes

Valuation of closely held businesses for marital dissolution, shareholder and partnership disputes and buyouts, including the normalization questions that decide most of these cases: owner compensation, discretionary expenses, related-party transactions and customer concentration.

Economic Damages and Lost Profits

Quantifying what was lost, on a method that survives cross-examination, and identifying where an opposing calculation departs from the records it claims to rest on.

Fraud and Embezzlement Investigations

Reconstruction of what happened from the underlying records — check-kiting, misappropriation and diversion schemes — documented so it can be presented to a court, a board or an insurer.

Rebuttal and Opposing-Expert Review

Review of an opposing expert’s report to identify method departures, unsupported assumptions and figures the underlying records do not support.

Deposition and Trial Testimony

Expert testimony in state, federal and foreign courts, in depositions, mediations, arbitrations including AAA, and jury and non-jury trials, for plaintiffs and defendants alike.

Discuss a New Jersey Matter

Joey Friedman is a CPA accredited in Business Valuation (ABV) by the AICPA, with more than 25 years in accounting and forensic practice and an expert witness practice serving attorneys and litigants nationwide since 2014. To discuss whether the firm is the right fit for a matter — including scope, timing and whether an out-of-state expert suits the case — call 954-282-9615 or use the contact form.