How long might it take to complete a business appraisal, forensic accounting investigation, or analysis of economic damages?
If the engagement will be a litigated matter, the timing of our analysis will be heavily dependent upon the timing of discovery responses from other parties. Since almost all of our forensic accounting and economic damage analysis engagements are for litigation purposes, it is difficult to provide timing estimates for those engagements without more detailed information. As general guidance, a business valuation that is not within the context of litigation can often be completed approximately four to six weeks after the necessary documents are received. If an assignment requires a quick turnaround (such as a reported opinion within two to four weeks) the overall engagement costs may be higher than usual to the extent that professionals at higher hourly rates will be used more than in a non-expedited engagement. Please contact our firm to receive a timing and fee estimate for a particular engagement.
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