Forensic accounting

Forensic accounting photo

Since 1999 we have developed a specialist department to provide forensic accounting and litigation support services for Lawyers, Barristers and Insurance Companies.

This department is headed by Martin Berry who is a fellow of the Institute of Chartered Accountants in England and Wales, a member of the Academy of Experts and Expert Witness Institute and who is registered as an Accredited Accountant Expert Witness by the Institute of Chartered Accountants in England and Wales.

Martin has been in professional practice as a Chartered Accountant for approximately 40 years and has specialised in litigation support and forensic accountancy since 1999.  He is supported by Stuart Foster who is also a qualified Chartered Accountant and who has substantial experience in professional practice. (See “our team” page for details of their experience.)

Hobsons was a founder member of NIFA (The Network of Independent Forensic Accountants) which was set up in 1999 to meet a growing demand for dedicated, independent forensic accountants and expert witnesses and which today has members throughout the United Kingdom.

Martin is one of the directors of NIFA and until recently was the Chairman, holding this position for over 14 years. 

Our membership of NIFA enables us to call on a national pool of experience and knowledge in the forensic accounting field and means we are kept fully informed of the latest developments. Membership of NIFA provides assurance to instructing parties because members must adhere to quality standards set and monitored on an annual basis by means of an independent quality assurance review carried out by a barrister. For more details please visit www.nifa.co.uk.

NIFA has recently been involved in the publication of a new book entitled “Forensic Accounting and Finance”.

Published by Kogan Page and edited by Wilder Coe partner Bee-Chew, the book features chapters written by a number of NIFA members. It is a complete guide to Forensic Accounting and Finance and offers a complete, accessible and affordable guide, combining coverage of theory together with the real and practical needs of the professional.

Martin has been involved in the production of this book both as a “sounding board” and more particularly with reviewing and editing the chapter entitled “Valuations”.

NIFA’s co-authorship of the book is a testament to the high regard in which its members are held and its contents reflect the broad range of work that they undertake, with chapters on a diverse range of topics including, the basic principles of forensic accounting, forensics as an extension of auditing, financial reporting, the forensic accountant as an expert witness, forensic accountancy in fraud and crime, professional negligence, matrimonial cases, valuations, personal injury and commercial disputes.  

In addition to looking after a varied portfolio of clients ranging from groups of companies to sole traders and personal tax clients, Martin has prepared reports for a wide variety of:

  • Claims for loss of earnings, profits and pension (including loss of dependency) caused by personal injury arising from road traffic accidents, accidents at work, medical negligence or fatal accidents.
  • Matrimonial cases, including reports on business and share valuations, the assessment of liquidity and the extraction of funds from businesses in a tax efficient way.
  • Partnership and commercial disputes.
  • Commercial loss of profits.
  • Fraud and Confiscation Orders.

He has been appointed as a Single Joint Expert on many occasions and has given expert evidence in the County and Crown Courts and the Royal Courts of Justice, High Court Family and Queens Bench Divisions. He has also held meetings with other experts on several occasions to identify areas of agreement and disagreement in order to prepare a joint statement to assist the Court.

His reports follow standards set by NIFA for the Court and take account of the requirements of the Civil Procedure Rules, the Family Procedure Rules and the Criminal Procedure Rules (as appropriate). Conclusions are clearly set out in summary form with supporting and working documents attached.

Our instructing Solicitors are responded to promptly and we aim to be practical and realistic in setting timescales for producing reports, always mindful of the need to keep our instructing Solicitors informed of progress.

Martin is willing, without obligation, to review case papers in order to ascertain the likely costs involved in providing suitable evidence and/or producing an appropriate report and also to provide guidance (where applicable) on whether a report is likely to be cost effective in relation to the circumstances of a particular case.