You learn that an employee has committed fraud (such as embezzlement or the theft of goods). Your first instinct is to dismiss him or her on the spot. This is understandable, but it is not the best decision. If you have not built a file proving that he or she committed fraud, your employee may file a claim against the company for wrongful dismissal. In addition, depending on the extent of the fraud, you will probably want to recover the maximum amount of embezzled money or property.
You are a victim of a broken contract or you are involved in a dispute. You want to initiate legal proceedings and claim damages. Your legal advisor will suggest that you hire a forensic accountant to quantify your damages and prepare an independent expert file certificate for the court.
You are a minority shareholder and the other shareholders do not respect your rights — for instance, you will no longer receive any financial information about the company. The other shareholders may take action that seems to be to the detriment of the company or benefit them at your expense. Your legal advisor, who specializes in shareholder rights, will probably suggest that you hire a forensic accountant to produce an expert file certificate to support your allegations and submit it to the court.