What is NIFA?
NIFA’s members are independent accountancy practices that offer specialist forensic accounting, expert witness and litigation support services.
As qualified accountants, NIFA members are able to pool their combined forensic accounting knowledge, practical experience and professional resources to provide a reliable service across a broad range of financial disputes and legal matters.
How NIFA works
NIFA member firms provide forensic accounting support for solicitors, barristers, insurers, businesses and individuals, helping clients understand financial evidence and present findings in a clear, structured and independent way.
Members can act as Party Appointed Experts, Single Joint Experts and Expert Advisers, preparing expert reports, giving expert evidence at Court and assisting with Alternative Dispute Resolution processes.
Who NIFA helps
NIFA helps anyone who needs financial information reviewed, analysed, interpreted or summarised for use in a dispute, investigation or legal process.
This includes support for legal professionals preparing a case, insurers reviewing financial loss, businesses involved in commercial disputes and individuals who need independent financial analysis in matrimonial, civil or criminal proceedings.
When NIFA can help
You may need a forensic accountant where a matter involves complex financial or business-related issues, disputed evidence, valuation, loss, fraud, disclosure, tax, insolvency or the presentation of financial findings to non-financial audiences.
NIFA members can assist at different stages of a legal dispute, from pre-litigation claim quantification and financial evidence review through to expert reporting, Court evidence and independent advisory work.
What are the outcomes of working with NIFA
Working with a NIFA member gives clients access to experienced, qualified forensic accountants who can deliver clear, independent and cost-effective support when financial evidence needs to be understood and relied on.
This can result in:
- Financial evidence being analysed and explained in a clear, digestible format.
- Expert reports prepared for legal cases and Court proceedings.
- Independent advice to support dispute resolution, negotiation or litigation strategy.
- Access to local forensic accounting specialists backed by the knowledge of a wider professional institute.
- A consistent standard of service from members with relevant expert witness experience and professional affiliations.
Why choose NIFA?
NIFA combines the benefits of independent local firms with the breadth and depth of a specialist forensic accounting institute.
Experienced forensic accountants
Members have many years of experience providing tax and accountancy services for litigation purposes, including expert reporting, Court evidence and advisory work.
A reliable quality service
NIFA member firms pride themselves on providing an efficient and reliable quality service, reporting to a common consistent standard.
Breadth of knowledge and resources
As an institute, members can draw on considerable combined experience and resources, helping clients access the right expertise for the financial issues involved.
Forensic accounting areas supported by NIFA
NIFA members support a broad range of forensic accounting and litigation matters, including disputes where financial evidence needs to be reviewed, quantified, explained or presented independently.
These services include:
- Valuations
- Divorce and matrimonial matters
- Criminal and regulatory matters
- Fraud
- Loss of profits
- Completion accounts disputes and expert determinations
- Professional negligence
- Insolvency
- Personal injury
FAQs
A forensic accountant reviews, analyses and explains financial or business-related issues, often for use in legal proceedings, dispute resolution or Court evidence.
NIFA member firms work with solicitors, barristers, insurers, businesses and individuals who need independent forensic accounting or litigation support.
You can use the NIFA member directory to find experienced, qualified forensic accountants by location and area of expertise.