Win your case with our Forensic Accountants

The Single Joint Expert’s Role in Unearthing Financial Discrepancies in Financial Remedy Proceedings

Background 

Financial remedy proceedings demand a high degree of transparency and accuracy. In a recent case, I acted on behalf of a wife, reviewing the Form E disclosures of the husband. The Form E is a comprehensive document detailing a party’s financial situation. However, its accuracy hinges on the integrity of the information provided.

Key Challenge 

Upon meticulous review, several unusual transactions within the husband’s bank statements and financial records were identified. The challenge was to identify these discrepancies and understand their implications in the broader context of the financial remedy proceedings.

Forensic Accounting A stack of dollar bills on a table used in financial remedy proceedings.

Approach 

 

I embarked on a detailed analysis of the husband’s financial records, focusing on the periods where unusual transactions were observed. This involved cross-referencing bank statements with business accounts and seeking explanations for unexpected income, expenditure, and balance sheet anomalies and variances. Additionally, I prepared a comprehensive questionnaire for the solicitors acting for the wife, designed to probe deeper into the husband’s financial affairs. Throughout this process, I maintained open communication with the legal team, ensuring clarity and transparency in my findings.

 

Outcome 

 

The outcome was a detailed report highlighting the financial discrepancies and their potential implications for the financial remedy proceedings. This report played a pivotal role in the subsequent discussions and negotiations, ensuring that the financial settlement was based on a true and accurate representation of the parties’ financial situation. The case underscored the importance of the SJE’s role in providing an expert perspective in complex financial remedy proceedings, especially when financial discrepancies are suspected.

 

Key Lessons 

 

Several lessons emerged from this case:

  1. It highlighted the importance of meticulously reviewing financial disclosures in financial remedy proceedings.
  2. It emphasised the need for clear communication and collaboration between the SJE and the legal teams.
  3. The case showcased the importance of a proactive approach in seeking clarifications and explanations for financial discrepancies.
  4. It reinforced the critical role of impartiality and objectivity in the SJE’s work.
 

Conclusion 

 

In summary, this case revolved around identifying and understanding financial discrepancies in the husband’s disclosures. The SJE played a crucial role in ensuring that the financial remedy proceedings were based on a true and accurate representation of the parties’ financial situation through meticulous analysis, clear communication, and unwavering impartiality.

Forensic Accounting A woman, sitting at a table, is smiling while using a laptop with The Official Page Template.

Request a call back

Let us know when you would like us to call you back.

Call back form

Intricate Financial Investigations? Unlock the Clarity You Need.
When legal cases hinge on financial intricacies, you require more than just an accountant — you need a forensic expert. At Jack Ross Chartered Accountants, we are forensic accounting experts. We have decades of specialised experience including court attendance. Our forensic accountants stand at the intersection of law and finance, ensuring your case is built on solid financial ground.

Give your case the forensic edge it deserves. Get in touch with Jack Ross Forensic Accountants now by completing this form

Frequently Asked Questions

With nearly eighty years in the field and a practical, hands-on approach, our forensic accounting services are unmatched. Our experience and commitment to detail enable us to uncover hidden information, making us a trusted partner in legal proceedings.

Our reputation as unbiased assessors and our extensive courtroom experience make us a preferred choice. With a commitment to impartiality and a deep understanding of complex financial disputes, we provide the expertise and reliability needed in legal matters.

Our team of experienced forensic accountants are well-versed in preparing Part 35 Expert Reports following the UK Civil Procedure Rules (CPR). These reports provide an independent and professional analysis of financial matters tailored to meet the specific requirements of the court. Our attention to detail, adherence to guidelines, and commitment to objectivity ensure that our reports are of the highest quality and can be relied upon in legal proceedings. Feel free to contact us for more information on how we can assist you with your Part 35 Expert Report needs.

Yes, Jack Ross Chartered Accountants can act solely on behalf of one side. This flexibility highlights our commitment to catering to individual client needs without compromising our integrity and thoroughness. We can adapt to various situations while maintaining professional standards.

Ensuring impartiality is central to our philosophy. We adhere to strict ethical guidelines and always conduct a conflict check before accepting an engagement. Our clients can trust our unbiased evaluations, knowing we prioritise integrity in our assessments.

Professional Testimonials

Charles Eastwood, Barrister,  St Johns Buildings Chambers

I would recommend Jack Ross Chartered Accountants as great leaders in the field of providing forensic accountancy.

Forensic Accounting Official Page Template featuring a monochromatic portrait of a suited man.

Our Reviews

Sofia Carlini
April 25, 2023

The Jack Ross Team has been an absolute delight. Professional, nice and fast during the Audit procedure. Thank you Jack Ross Team.

Katrien Vanassche
April 20, 2023

Very good service from the Jack Ross Team. They gave us good advice and completed a very efficient audit. They have a friendly and competent team. I would surely recommend them.

Dan Gazzard
February 25, 2022

Brilliant service from the Jack Ross team in setting up several companies in very quick time, along with providing associated accountancy advice. Can recommend wholeheartedly as a leading accountancy practice with a can-do attitude.

Daniel Connolly
January 11, 2022

First class service for many years from a first class team. Highly recommended. Prompt, commercially aware, personable.

Marc Hourigan
January 11, 2022

Been using Jack Ross for a number of years. Good clear advice and nice people to do business with.

aj shelton
December 22, 2021

Jack Ross is based in Manchester and provides tax planning and Xero accounts. They are a long-standing and well-regarded firm with an excellent reputation. They provide their clients with exceptional service and a wealth of advice. I have no hesitation in using their professional services.

Karen Openshaw
May 14, 2020

Jack Ross has been my accountants since I set up my business in 2016. From the outset I was helped with advice, support and encouragement. I cannot commend them highly enough. Always on hand to answer any question and responsive to any changes in the economy which might concern their clients. I don’t have to worry about the financial side of my business as all of that is taken care of and dealt with by Umar and the brilliant team. If you are looking for a top class accountancy firm which maintains the personal touch they are for you!

syra bano
November 16, 2019

I would recommend this account, knowledgable and helpful

J
August 13, 2018

I can confidently recommend Jack Ross Accountants. They are continually improving their service, greatly benefiting our company as well as me personally. The team at Jack Ross have helped suggest and set up innovative accounting software, adding training and support. This alone has been a massive step towards having more control and understanding of our company finances.

Cliff Lansley
August 9, 2018

We have enjoyed a solid and constructive relationship with JackRoss and Can highly recommend them for accountancy services.

Harry Lansley
August 9, 2018

We have been working with Jack Ross for over two years and the service has been fantastic. They have a great and knowledgable team who have taken good care of us and our accounts.

Moray Newberry
August 8, 2018

Meeting to review annual accounts and discuss future plans. Very productive as they definitely talk my language - on reflection probably the best such meeting in recent years. Many thanks Umar and Jamie

Paul Medcalfe
June 4, 2018

Jack Ross has serviced my Personal Tax requirements for the last 5 years. During some complicated challenges their advice was excellent and the customer service second to none and left me with no doubt all was in hand.

stevewright96
May 23, 2018

Following a recommendation, I have used Jack Ross for all my accounting needs (including payroll) since the inception of my business over 12 years ago. The relationship has been completely hassle free and I greatly value their service, which goes well beyond preparation of accounts. Their tax planning advice has been really helpful and I have always felt that they have ‘got my back’. Can’t recommend them enough.

oliver kirk
March 22, 2018

We have finally found the Accountancy firm that we have been looking for! We switched over to Jack Ross towards the end of last year and from the very first contact to the recent submission of our end of year accounts the service provided has been fantastic and has easily exceeded our expectations. Thank you!

Paul Clark
September 29, 2017

Excellent service; very helpful people and work done much quicker than I expected.

Benjamin
February 22, 2017

I have used Jack Ross as my accountants for a number of years. Their service is professional and accurate. They deal with queries promptly and I can always get hold of the person I need to speak to. Their digital product has made a big difference to the efficiency of my business. I would not hesitate to recommend them.

Rob Cowan
February 22, 2017

Jack Ross have been my family and business accountants and financial advisors for over 50 years. The delivery of services is second to none and i would recommend them to anyone. We have also built up great friendships over the years, above and beyond that of a normal business relationship which i value greatly.

Fee Munshi
February 16, 2017

We have been looked after by jack Ross for a number of years. They have given us fantastic tax advise and helped our company grow from strength to strength. A & f

Jonathan Foxcroft
February 14, 2017

Excellent advice and an understandable explanation of a very complex area of tax and corporate law which other (so called) advisors managed to totally confuse me. Thank you.

Holly Jones
February 14, 2017

I have had a relationship with Jack Ross for several years and continue to be impressed by the proactive support and diligent advice received across the breadth of the firm. Excellent at signposting.

Felix Mulderrig
January 11, 2016

Jack Ross have acted for our law company for over 5 years and have been professional, prompt, and knowledgable in all aspects of our dealing with them.

Get a Personal Consultation

Office

Jack Ross Chartered Accountants, Barnfield House, The Approach, Manchester, M3 7BX

Contact

info@jackross.co.uk

Open Hours

Monday-Friday 8:30 am - 5 pm

Request a call back

Let us know when you would like us to call you back.

Call back form

Intricate Financial Investigations? Unlock the Clarity You Need.
When legal cases hinge on financial intricacies, you require more than just an accountant — you need a forensic expert. At Jack Ross Chartered Accountants, we are forensic accounting experts. We have decades of specialised experience including court attendance. Our forensic accountants stand at the intersection of law and finance, ensuring your case is built on solid financial ground.

Give your case the forensic edge it deserves. Get in touch with Jack Ross Forensic Accountants now by completing this form