SERVICES Trusted outcomes
Insolvency & Restructuring Consulting
Grobstein Teeple’s professionals provide specialized expertise necessary to support parties involved in restructuring and insolvency related projects. We assist companies facing financial difficulties by working closely with internal accounting personnel and counsel to provide accurate, reliable, and unbiased guidance and information. Our professionals can assist with financial reporting, working with or for lenders regarding secured debt, and management to improve performance. In the event it is not possible to restructure, GT can help prepare for a bankruptcy filing. We compile bankruptcy schedules, evaluate claims, analyze tax implications, and can assist counsel with required court reporting throughout the bankruptcy process. In the course of restructuring engagements we act in the following roles:
- Financial Advisor to the Troubled Company
- Financial Advisor to the Secured Creditor/Lender
- Chief Restructuring Officer
- Interim Chief Financial Officer
GT has extensive experience in the post-petition aspect of case administration. Our years of acting as Chapter 7 and Chapter 11 trustees, and representing various parties in bankruptcy matters, has given us the hands-on capabilities to assist with almost any financial issue that may come about in a case. Our professionals have been involved in either the fiduciary or financial advisory capacity in thousands of bankruptcy cases over the past 20 years. Our roles and services frequently involve the following:
- Chapter 7 and Chapter 11 Bankruptcy Trustee
- Chapter 11 Examiner
- Financial Advisor to Debtor and the Debtor-in-Possession
- Financial Advisor to Secured Creditor/Lender
- Financial Advisor to Creditor Committee
- Accountant to Chapter 7 and Chapter 11 Trustee
- Liquidating Trustee and Disbursing Agent
In either the prosecution or defense of white collar crime, our fraud investigation experts have the technical know-how to detect fraudulent activity, and document and present the evidence and findings. We supplement our years of experience in such investigations with cutting-edge software to examine immense amounts of data, detecting anomalies and unusual trends, and reporting the results in an easy to understand format. Our team of CPAs and Certified Fraud Examiners have produced exceptional outcomes that have led to positive results for government agencies as well as individuals charged with committing white collar crimes. GT works closely with counsel to assist in the analysis of financial information and provide meaningful and effective results. Our services include:
- Fraudulent Transfers
- Money Laundering
- Ponzi Schemes
- Affinity Schemes
- Foreign Corrupt Policy Act Violations
- Asset Misappropriation
- Financial Statement Fraud
Litigation Consulting & Dispute Resolution
Litigation consulting and expert witness services require patience, attention to detail, and a methodical approach to presenting the financial aspects of the case. With an eye on ultimate testimony, our professionals work to clearly set forth the facts and findings and present them in an articulate way that a judge or jury would understand. This can be challenging when dealing with complex financial schemes. Our professionals have a successful track record, having testified in state and federal courts, before federal grand juries, at depositions and at arbitrations.
When parties can’t agree and the issues are of a financial nature, we can help come to a reasonable resolution. GT can analyze the terms of an agreement, including post-transaction formula reconciliations, earn-out provisions, and other financial disputes.
Forensic Accounting involves the reconstruction of financial records, usually in the context of a dispute, civil or criminal investigation, or in order to clean up poorly maintained historical records. Often the starting point for record reconstruction is an inaccurate or incomplete set of books. GT can make quick determinations regarding the reliability of the available data. We then work to obtain source documentation from third parties in order to reconstruct the information and “tell the story” through reliable financial reports. The following are issues that we can assist with:
- Partner/Shareholder Disputes
- Whistleblower Allegations
- Embezzlement Investigations
- Asset Misappropriation/Defalcation
- General Ledger Reconstruction
- Regulatory Investigations
- Transaction Disputes
In today’s world, litigation often hinges on electronically stored information (ESI). Our forensic technology team has the experience and skills to make sure that the relative sensitive ESI is protected. We use the same tools the Federal Bureau of Investigation (FBI) uses to secure and analyze data. We maintain chain of custody protocol to ensure the propriety of the information for investigations and possible court proceedings. If your data has already been exposed, we will guide you to the most effective solution. From digital forensics to data mining, data analysis, custom report preparation, and court testimony, our professionals will expertly guide you through the challenges at each step from investigation through resolution.
Dedicated to managing all aspects of your personal and business financial life while providing you the clarity and transparency you deserve.
- Paying bills, including preparing required 1099’s
- Handle banking needs, deposits, wires, cash deliveries, and ATM cards
- Handling all financing documents including personal loans, business loans, and lines of credit
- Monitor month cash flows
- Prepare periodic financials, monthly banking reconciliations, budgeting and projections>
- Monitor insurance needs with insurance assessment
- Trusted network of insurance agents, bankers, real estate agents, mortgage brokers, and investment advisors to connect you with the services you need
- Simplify finances for tax filings
Small Business Startup:
Starting a business can be very challenging. Allow our team of experts to assist in setting up books and records, banking, paying bills, estimating taxes, and payroll processing, Freeing up our talented and creative clients to focus on the business they do best.
Back Office Accounting
Starting a business can be very challenging. Allow our team of experts to ease the burden of setting up books and company records. We can assist with Improving processes, increasing productivity, and lowering costs, enabling you to focus on what you do best.
Providing solutions to increase sales, cash and ultimately profits. We are ready to assist in enhancing your company’s value to fit your long-term plan or to support an exit strategy. All at a fraction of the cost of a full time CFO.
The firm and its professionals have collective decades of experience performing detailed financial statement attestation services for clients in numerous industries including:
- Real Estate
- Hospitality & Restaurants
- Professional Service Firms
- Non-Profit Organizations
Our thoughtful and analytical approach to financial statement attestation provides our clients with superior work product that enables them to confidently present their financial statements to potential investors, lenders and other parties of interest. Our financial statement assurance services meet exacting standards and are performed by professionals with National firm training, all with more efficiency and at a lower cost to the client.