This program is one-stop shopping for CPAs trying to learn how they can best contribute to a mediation on behalf of their client in a commercial fraud dispute. The CPA must first understand the different phases of a mediation and the mediator’s role in resolving conflict, before then learning how the CPAs skills can help turn a mediation in the client’s favor. The presentation will discuss the nuances of mediation, behavioral and conflict styles, and the nuts and bolts of what a CPA can do to assist in this form of alternative dispute resolution, with a specific focus on a commercial fraud case. Every CPA should know how to prepare the client for the best and worst case scenarios of litigation when trying to help resolve the case out of court.
Course ID: MEDCMFRD
The CPA’s Role in Mediation of Commercial Fraud Cases
- CPAs are often retained to assist clients in litigation matters. In a commercial fraud case, the needs of the client are distinct and such cases often require CPA support to calculate damages and assess risks. In this program, learn: How to manage client expectations in mediation How to best communicate with the mediator and the other side How to provide the financial data to support best and worst case analyses How to counterbalance the lawyer as an advocate, with accurate data How to assist in the avoidance of decision error How to help document the settlement
The phases of mediation Negotiating tools and tricks How to spot different conflict styles Ways to evaluate and resolve conflict How to best assist in calculating settlement parameters How to assist client evaluation of best and worst case scenarios -How CPAs can assist in investment fraud cases -How the CPA’s tracing analysis can be used to leverage settlement
DESIGNED FORCPAs, attorneys, auditors, regulators, mediators
FIELD OF STUDY