Michigan Auditing Expert Witnesses
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What is an auditing expert witness?
An auditing expert witness is a professional who has experience and knowledge in auditing, specifically IRS matters, financial fraud, and forfeitures, among other related issues.
What is the role of an auditing expert witness?
An auditing expert witness is a person who testifies in court about their professional opinion on the accuracy of financial records.
How much can a person make as an auditing expert witness?
Auditing expert witnesses can receive expected earnings between $200 and $400 per hour, with the potential for more in specific situations. The final payment is determined through negotiation between the expert and the retaining attorney.
What are the qualifications of an auditing expert witness?
An auditing expert witness is an expert who can provide testimony on the audit process, financial statements, and related matters.
In legal proceedings, how is evidence gathered by an auditing expert witness?
An auditing expert witness gathers evidence through various methods such as reviewing financial records, conducting interviews, and analyzing data. The evidence is then presented in court to support their opinion.
What type of cases typically require the testimony of an auditing expert witness?
Cases involving financial fraud, accounting malpractice, and disputes over financial statements often require the testimony of an auditing expert witness to provide specialized knowledge and analysis of financial records.