The cost of a forensic audit can vary based on several variables.
These variables impact the amount of time needed to investigate fraud and embezzlement.
Because of the highly focused nature of a forensic investigation, the steps in the process differ from a traditional financial audit. The basic steps a forensic accountant will go through in an investigation are:
These steps may require minimal time or significant amount of time, depending on the scope of the fraud.
A forensic audit is a thorough examination of financial records to uncover fraud, embezzlement, or other financial misdeeds. It is often used in legal disputes, investigations, or regulatory matters.
Forensic audit costs vary based on case complexity, amount of data, level of detail required, and time involved. Typical fees may range from a few thousand dollars for a simple review to tens of thousands for complex, multi-party cases.
Key factors include the scope of the investigation, volume of records, number of parties involved, deadlines, geographic considerations, and whether expert testimony is needed.
Yes—Hovland Forensic & Financial offers a free initial consultation to discuss your audit needs, review scope and answer questions before providing a quote.
You receive a detailed report, expert analysis of findings, and support through any legal or regulatory process—plus clear communication on timing and cost.
Speak with a forensic CPA today, clear hourly billing from day one.