CPAs Magnify Their Interest in Forensics

The Wisconsin CPA – Excerpts from Cover Story
By Amy Gaeth, Managing Editor

Many people consider fraud and litigation to be unpleasant business. A growing number of Wisconsin CPAs are willingly getting involved in these areas, however. CPAs’ reputation for financial expertise and integrity has led litigants and attorneys to hire CPAs as expert witnesses and resulted in increased demand for forensic accountants.

Forensic accountants provide expert witness services, damage calculations for contract disputes or lawsuits, audits for insurance fraud or business fraud cases, and business valuations.

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CPA, Detective, or Both?

The Biz – A publication of The Business Journal
By Becca Mader

Tracy Coenen is both a certified public accountant (CPA) and a detective, of sorts. She is a forensic accountant. Looking beyond the numbers, Coenen digs into records, asks questions, forms an opinion and stands by it, testifying in court, if necessary, as an expert witness about what she’s discovered.

Forensic accountants work with the legal and insurance industries to provide damage calculations for contract disputes or lawsuits, search through documents to find or dispute evidence of insurance or business fraud, and calculate and place values on businesses that are being bought or sold or are collecting on an insurance claim.

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Who You Gonna Call? Fraudbusters!

Commerce – Newsletter of the Metropolitan Milwaukee Association of Commerce
By Margaret Kealty

Do you think you’ve been cheated or ripped off? Before you go sprinting off to Judge Judy, you may want to give Tracy Coenen a call. Coenen, a forensic CPA, works with the insurance and legal industries on investigative accounting and litigation support.

In lay terms, Coenen calculates losses in insurance policies or lawsuits. She also helps attorneys with contract litigation and business problems involving money, whether it be theft, fraud or disputes between employers and employees.

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The Gumshoe of CPAs: Forensic Accountants Look Beyond the Financials

Business Journal
By Becca Mader

Like many certified public accountants, Tracy Coenen works with numbers, but her focus is on digging into records, asking questions, looking behind the numbers and finding missing links. She is a sleuth — an accounting sleuth, that is.

Coenen is a forensic accountant and a CPA who started her own forensic accounting consulting business, Tracy L. Coenen S.C., in January 2000. Forensic accountants provide expert witness services, damage calculations for contract disputes or lawsuits, audits for insurance fraud or business fraud cases and business valuations.

“I have always been inquisitive,” said Coenen, 29, whose license plate spells “QUESTNS.” “I like to ask a lot of questions. I always have.”

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Private Eye: Forensic Accountant Dissects Financial Problems for Clients

Small Business Times By Susan Nord Tracy Coenen doesn’t view herself as conventional. “I have a quirky personality,” Coenen says of herself. “And for those people that have known me a long time, they all say, ‘You know, I always knew you’d do something a little bit off the beaten path.’” Off the beaten path … Read more Private Eye: Forensic Accountant Dissects Financial Problems for Clients