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ABI Journal

Telecom/Tech

AI: The New Leverage for Forensic Accountants in Bankruptcy Proceedings

The financial analysis required in bankruptcy proceedings has always been time-consuming and demanding.[1] Over a decade ago, I led the forensic investigation of a complex Ponzi scheme bankruptcy. Audits had failed, and the books were thoroughly cooked. My team spent years manually reconstructing financial records, while the DOJ and FBI ran parallel investigations under looming statute of limitations deadlines.