Forensic Accounting Pricing Guide: Fees, Retainers & Expert Witness Billing
Not every dispute requires forensic accounting, but when it does, the cost should reflect the complexity, timeline, and what’s at stake.
What Influences the Cost?
No two forensic accounting cases are alike. A straightforward financial record review may take only a few hours. A deep-dive fraud investigation involving years of bank records and complex transactions may span weeks or months. Some common factors affecting cost include:
Volume and complexity of financial data
Number of bank accounts, entities, or businesses involved
Completeness (or lack thereof) in the documentation provided
Whether expert testimony or deposition prep is needed
Urgency or compressed timelines
Need for travel or on-site data collection
Questions? Fee estimates are provided during the consultation phase once the nature and scope of the matter are understood.
Forensic Accounting Fee Breakdown: Hourly, Flat, and Testimony Rates
Hourly Rate
Most engagements are billed hourly, ranging from $300 to $400 per hour, depending on the complexity of the case and nature of the services provided. This applies to investigative analysis, report writing, consultation time, and expert witness preparation.
Flat-Fee Packages
For certain divorce financial reviews and limited-scope projects, a flat fee may be available. These packages are based on the estimated volume of financial records and the level of analysis required. Please inquire during your consultation to determine eligibility.
Testimony & Court Appearances
Expert witness testimony, including depositions and court appearances, is billed separately and may include minimum appearance fees. Travel time and related expenses are also billed according to the engagement agreement.
Retainer Policy
All engagements require a signed agreement and an initial retainer. The retainer amount is based on the projected scope of work and is applied toward billed time. Additional retainers may be requested as the case progresses.
Payment Terms
Invoices are issued monthly unless otherwise agreed. Payment is due upon receipt. Acceptable payment methods include ACH, check, or secure online payment link.
Cost vs. Value
The decision to engage a forensic accountant should be based on the complexity of the financial issues and the need for independent analysis. In matters involving asset disputes, suspected fraud, or financial misconduct, the cost of forensic services can be a necessary and proportional response to the value or risk at stake.
Every case is different, and not all require forensic accounting—but when they do, early involvement can improve efficiency and help guide the process before critical decisions are made.
If you’re unsure whether a case justifies the expense, let’s talk to assess whether forensic accounting is appropriate and cost-effective for your situation.