SEC & Accounting Advisory

• Technical accounting and SEC expertise for responding to SEC enforcement investigations or private securities litigation
• A team comprising former SEC Enforcement Chief Accountants, Staff Accountants, and other seasoned professionals.
• Extensive experience in defending claims under federal securities laws' registration and reporting, anti-fraud, and record-keeping provisions
• Representation of companies, audit committees, and individuals before the Division of Enforcement
• Ongoing consulting and expert services for counsel throughout all phases of SEC actions and securities litigation
• Evaluation of claims and preparation of witnesses as part of our comprehensive approach

FTI Consulting collaborates with external law firms and general counsel to:

• Conduct internal investigations for both public and private companies
• Apply forensic accounting techniques to scrutinize allegations of fraud and financial misconduct

Instances of these claims could include:

• Direct submission to a company's General Counsel
• Reports through a company's whistleblower hotline
• Noteworthy mentions in draft legal complaints

FTI Consulting's role includes:

• Reviewing and validating the claims raised
• Addressing alerts brought to the attention of the company

FTI Consulting provides experienced testifying experts. These experts have a history of testifying for both plaintiffs and defendants, lending them increased credibility in the eyes of juries and courts. Our extensive track record showcases adeptness in preparing and defending expert reports within the realm of litigation.

Auditors frequently encounter substantial risks due to:

• Regulatory inquiries
• Event-driven litigation initiated by financial statement users

These risks can materialize when users feel misled, particularly in situations such as:

• Company-identified fraud
• Declarations of bankruptcy
• Restatements of financial statements
• Initiation of internal investigations
• Announcements of regulatory investigations or whistleblower allegations
• Involvement in failed business combinations

We possess the necessary:

• Technical accounting
• Auditing
• Tax knowledge

This enables us to comprehensively comprehend and analyze the pertinent issues. Furthermore, our expertise empowers us to offer top-tier consulting and expert testimony.

Our proficiency spans:

• All areas of PCAOB and other pertinent rules and standards.
• SEC and PCAOB independence rules and regulations.

We have a consistent practice of:

• Interpreting and applying both U.S. and international accounting standards
• Navigating SEC reporting prerequisites

This application pertains to our clients' intricate business transactions.

Our extensive experience covers a wide spectrum of:

• Technical accounting matters
• SEC reporting requisites

This experience collectively offers our clients an unbiased and authoritative repository of knowledge and proficiency.

Our collaboration extends to companies considering potential restatements.

We conduct comprehensive assessments encompassing:

• Determining instances of incorrect application of accounting standards
• Identifying the accurate application of those standards
• Evaluating the materiality of misapplications

We offer the supplementary capacity needed for companies to:

• Generate and verify their financial statements promptly.

Our robust infrastructure supports:

• Even the most intricate global organizations
• Gathering, reconstructing, and structuring essential financial data

This process is executed with minimal disruption to regular operations.

We engage with Chief Accounting Officers and both internal and external auditors.

This collaboration aims to:

• Construct comprehensive action plans for remedying internal control weaknesses
• Create analyses that substantiate the rectification of these weaknesses

Our collaboration extends to:

• Assisting public companies
• Ensuring identification, evaluation, and documentation of all crucial business and accounting process risks

Our procedures align with the mandates set by the Sarbanes-Oxley Act.

We collaborate with both public and private companies. Our focus is on addressing challenges associated with external audits.

Our expertise encompasses:

• Coordinating with auditors to facilitate timely completion of audits
• Navigating the entire audit process

Our team holds extensive experience in various tasks:

• Finalizing financial statement checklists
• Providing tie-down support for financial statements and footnotes
• Compiling audit support packages
• Crafting essential reconciliations