𝐅𝐨𝐫𝐞𝐧𝐬𝐢𝐜 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 – 𝐒𝐮𝐛𝐣𝐞𝐜𝐭 𝐌𝐚𝐭𝐭𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 𝐨𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 𝐖𝐢𝐭𝐧𝐞𝐬𝐬?

 𝐅𝐨𝐫𝐞𝐧𝐬𝐢𝐜 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 – 𝐒𝐮𝐛𝐣𝐞𝐜𝐭 𝐌𝐚𝐭𝐭𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 𝐨𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 𝐖𝐢𝐭𝐧𝐞𝐬𝐬?

I was engaged in a conversation with someone recently and it reminded me of the Seinfeld episode where Jerry wants to be called “Jerry the Great” because Elaine is dating the Maestro. Elaine says to Jerry that he can’t call himself Jerry the Great and his response is why not, my name is Jerry and I’m great. I kept explaining to the person that there are grounds to be considered an expert witness in the financial field and they denied my argument because that wasn't the answer they wanted.

I am a Certified Fraud Examiner, I have a Masters Degree in Forensic Accounting, I investigate fraud, I teach business owners about deficiencies in their processes, red flags associated with fraud, have been interviewed and published in various magazines, I interview bookkeepers convicted of fraud, I engage in many hours of continuing education every year and I’m in the process of writing a book. I̳ ̳a̳m̳ ̳a̳ ̳s̳u̳b̳j̳e̳c̳t̳ ̳m̳a̳t̳t̳e̳r̳ ̳e̳x̳p̳e̳r̳t̳ ̳n̳o̳t̳ ̳a̳n̳ ̳e̳x̳p̳e̳r̳t̳ ̳w̳i̳t̳n̳e̳s̳s̳.̳

The Journal of Accountancy has a great article detailing what it takes to be an expert witness. Expert witnesses have an existing relationship in this field, deal within this niche and have qualifications according to the Federal Rule of Civil Procedure 26 (a) (2).

https://lnkd.in/eN5v3eQ7

An expert witness must be able to give testimony according to the Daubert concept; a Supreme Court decision that has substantive impact on the admissibility of expert testimony.

If you are called to be an expert witness, make sure that you understand what’s involved, prepare, and know your limitations. It will be up to you to prove the methodology of what is being presented to the court.