--- title: "Forensic Accounting in Southlake, TX | Wallace CPA" description: "Forensic accounting in Southlake, TX: tracing missing funds, reviewing records and organizing financial facts for owners, attorneys and families." url: https://wallacecpa.multisites.ai/services/forensic-accounting publisher: Wallace CPA phone: +1-877-682-1171 quote: https://wallacecpa.multisites.ai/contact --- Wallace CPA ยท Southlake, TX # Forensic accounting in Southlake, TX Forensic accounting means examining financial records to find out what happened to money. Wallace CPA helps Southlake, TX owners and their attorneys review bank and book records, trace transactions and organize the facts, without drawing legal conclusions that belong to others. [Call (877) 682-1171](tel:+1-877-682-1171)[Send a message](https://wallacecpa.multisites.ai/contact?service=Forensic%20accounting) ![A woman at a desk marking a printed chart with a pen, beside a calculator](https://wallacecpa.multisites.ai/_astro/desk-with-charts.FvOxpukc_Zy0kNy.avif) ## What's included - Review of bank statements and accounting records - Tracing of transactions and payments - Analysis of gaps between records and bank activity - Organized schedules and summaries of findings - Review of internal controls after an event - Coordination with your attorney ## When people call - Money is missing and you do not know where it went - Books and bank balances do not agree - You are in a business dispute that involves financial records - An attorney asks for a schedule of transactions - You want to learn how a loss happened and how to prevent it ## What does forensic accounting involve? It involves reading records closely and rebuilding what happened. We compare books with bank activity, look for gaps and document what we find. The work product is a clear set of schedules and notes. Attorneys and courts decide what the facts mean. We do not give legal opinions. ## When should I call? Call when you notice a gap you cannot explain. Do not delete files or change records. Save bank statements, invoices and email. Early steps protect the facts. If you worry about a crime, contact an attorney and local law enforcement. ## How does it differ from an audit? An audit tests records to give assurance on financial statements. A forensic review starts with a question about specific transactions or events. See [audits, reviews and compilations](https://wallacecpa.multisites.ai/services/audits-reviews-compilations). ## How do I protect my business afterward? Strong internal controls limit the chance of a repeat. Separate duties, require approvals, reconcile monthly and review reports. See our [bookkeeping routine](https://wallacecpa.multisites.ai/guides/small-business-bookkeeping-routine) and [how long to keep tax records](https://wallacecpa.multisites.ai/guides/how-long-to-keep-tax-records). General information, not advice for your situation. Talk with a CPA about your own facts before you act. ## Questions about Forensic accounting Ask anything else: call [(877) 682-1171](tel:+1-877-682-1171). [Read the guideHow long to keep tax records, and which ones](https://wallacecpa.multisites.ai/guides/how-long-to-keep-tax-records) ### Can you tell me who is guilty? No. We organize financial facts. Legal conclusions belong to attorneys and courts. ### Will you work with my attorney? Yes. We can coordinate on scope and deliverables. ### What should I keep? Bank statements, books, invoices, receipts and related email. Do not alter them. ### Is this page legal advice? No. It is general information. Talk to an attorney and a CPA about your situation. ## Related services - [Audits, reviews and compilations](https://wallacecpa.multisites.ai/services/audits-reviews-compilations) - [Small business accounting](https://wallacecpa.multisites.ai/services/small-business-accounting) - [Business advisory](https://wallacecpa.multisites.ai/services/business-advisory) ## Sources 1. [IRS: Recordkeeping](https://www.irs.gov/businesses/small-businesses-self-employed/recordkeeping) ## Talk to Wallace CPA Call the Southlake office and say what you need: a return, an IRS letter, your books or a new business. Have the notice or last year's return nearby if you have one. [Call (877) 682-1171](tel:+1-877-682-1171)[Send a message](https://wallacecpa.multisites.ai/contact) 180 State Street, Suite 225, Southlake, TX 76092