Forensic Accounting : Bankruptcy Services

Project Control Companies, Inc. (PCC) specializes in providing forensic accounting services to debtor companies, shareholders, creditors and attorneys.   PCC will analyze, interpret, summarize and present complex financial and business-related issues in a manner that is both readily-understandable and supported by pertinent data and analyses performed in accordance with procedures recognized in the profession.   PCC's forensic accountants provide services in the following areas as well as expert testimony in court.

Analysis of:

• financial records to identify suspicious or unusual transactions
• financial loan covenants
• business operations and performance
• debtors' current financial condition and future viability
• business plans and financial projections to determine the feasibility of reorganization
• creditors' claims versus debtors' records
• monthly operating reports to determine business trends which may need further investigation
• questionable accounting practices
• pre- and post-petition business operations

Identification of:

• preferential payments to creditors
• fraudulent transfers
• misappropriated assets
• reversible related party transactions

Preparation of:

• projections
• analyses to support motions
• analyses of debtors' court motions
• validation of stated reasons for the bankruptcy filings
• visual aids to support trial evidence