Forensic Accounting Services
Forensic Accounting Services is a Connecticut-based CPA firm specializing in fraud investigations, employee embezzlement matters, forensic accounting, and litigation support. It serves attorneys, probate courts, law enforcement, businesses, non-profits, and municipalities primarily in Connecticut and surrounding states.
- Company typePrivate
- Founded2005
- HeadquartersManchester, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Forensic Accounting Services does
Forensic Accounting Services, LLC is a Connecticut-based CPA firm founded in 2005 that provides specialized fraud investigation, forensic accounting, and litigation support services. Its core offerings cover employee embezzlement investigations, fraud investigations, probate and fiduciary matters, litigation support with expert testimony, and fraud prevention through internal controls evaluation. The firm serves attorneys, probate courts, local and state police, Connecticut state and federal agencies, business owners, non-profits, municipalities, and healthcare practices primarily across Connecticut and surrounding states.
The firm is led by founder and principal Stephen A. Pedneault, a CPA, Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF), and Forensic Certified Accountant with over 30 years of experience. Operations are supported by a small team of 2-5 professionals. The underlying technology footprint is modest and operational: a custom evidence-tracking system and storage facility maintains chain of custody over case evidence, complemented by the Fraud Vault content resource, a registered brand publishing fraud trends, case studies, and prevention content. The firm has no mobile application, no public API, and no disclosed AI capabilities.
Revenue is generated on a custom engagement-based professional services model, with no public pricing disclosed and multi-year contract structures on case matters. Go-to-market is sales-led and referral-driven, primarily through attorneys, law enforcement, courts, and existing clients, structured through counsel to preserve attorney-client privilege. Marketing is executed through thought leadership: five authored books, more than 100 published articles, the Fraud Vault blog, a Mailchimp-distributed 'Fraud Facts in 5' newsletter, over 350 speaking engagements, and adjunct teaching roles at UConn and Manchester Community College.
Forensic Accounting Services firmographics
Firmographics- Name
- Forensic Accounting Services
- Legal name
- Forensic Accounting Services, LLC
- Website
- https://forensicaccountingservices.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forensic Accounting Services is a Connecticut-based CPA firm specializing in fraud investigations, employee embezzlement matters, forensic accounting, and litigation support. It serves attorneys, probate courts, law enforcement, businesses, non-profits, and municipalities primarily in Connecticut and surrounding states.
- Ownership category
- akta.pro rank
Forensic Accounting Services industry classification
Industry- Product category
- Forensic Accounting Services
- NAICS
- Offices of Certified Public Accountants (541211)
- SIC
- Services-Legal Services (8111)
- akta.pro primary industry
- Forensic Accounting & Fraud Investigation (BPAHABAH)
- akta.pro secondary industries
- Forensic Accounting & Fraud Investigations (BPAHANAH), Financial Crime & Fraud Prevention (Forensics, Investigations) (EDABAJAK)
Keywords
Where Forensic Accounting Services is headquartered
LocationHeadquarters
- HQ city
- Manchester
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Forensic Accounting Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Forensic Accounting and Investigation Services: Professional services engagements for fraud investigations, forensic accounting, litigation support, and expert testimony. Work is structured through counsel to preserve attorney-client privilege. Services provided to attorneys, law enforcement, courts, businesses, non-profits, and municipalities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Forensic Accounting Services product offering
Product offeringCore offering
Forensic Accounting Services, LLC is a CPA firm that provides specialized fraud investigation, forensic accounting, and litigation support services. The firm investigates employee embezzlement, white-collar crime, and financial fraud for attorneys, businesses, government agencies, probate courts, non-profits, and municipalities, and delivers expert testimony in depositions and trials.
Product overview
Forensic Accounting Services, LLC is a specialized public accounting firm providing a comprehensive suite of forensic accounting and fraud investigation services. The firm operates as a single-service focused practice offering fraud investigations, employee embezzlement services, litigation support, probate matters, fraud prevention and internal controls, and expert testimony. The firm also provides supplementary educational resources including the Fraud Vault knowledge base, authored publications on fraud and forensic accounting topics, and presentation services for professional development.
Differentiator
Problem solved
Functional benefit
Brands
- Fraud Vault: A resource for valuable updates about the world of fraud, including trending topics, fraud case studies, and fraud prevention information.
Products and services
- Fraud Investigations
- Employee Embezzlement Services Specialized investigation and recovery services for cases of employee theft, focusing on identifying perpetrators and recovering stolen assets.
- Litigation Support Expert support for legal proceedings including expert testimony, case preparation, and financial analysis for business litigation matters.
- Probate Matters Forensic accounting services for probate courts including investigation of fiduciary abuse, estate theft, and suspicious financial activity in estate matters.
- Fraud Prevention & Internal Controls Advisory services to help organizations implement sound internal controls, policies, and procedures to prevent and detect fraud.
- Expert Testimony Services Professional expert witness services providing testimony in depositions and trials for fraud and forensic accounting cases.
- Presentations & Speaking Engagements Educational presentations on fraud prevention, detection, forensic accounting, and internal controls for organizations, conferences, and professional associations.
Quantifiable outcome
- Investigated cases ranging from thousands to over $10 million in losses
- +2 more outcomes
Companies that use Forensic Accounting Services
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles6 records
Forensic Accounting Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Forensic Accounting Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MailchimpminorMailchimp is used as the third-party email distribution service for the firm's 'Fraud Facts in 5' newsletter. Mailchimp has access to subscriber email addresses in order to distribute the email newsletter on behalf of the firm.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Forensic Accounting Services competitors and assessment
Company assessmentBroad incumbents
- FTI Consulting: FTI Consulting's Forensic and Litigation Consulting segment offers fraud investigations, forensic accounting, and expert testimony globally. It competes with Forensic Accounting Services on complex engagements but serves a much broader portfolio of consulting services.
- J.S. Held: J.S. Held is a global consulting firm offering forensic accounting, fraud investigation, and expert witness services. It competes with Forensic Accounting Services on complex litigation and investigation matters but across many additional advisory verticals.
- Kroll: Kroll is a global investigations, risk, and forensic accounting firm providing fraud investigations, expert witness services, and litigation support. It overlaps with Forensic Accounting Services' core offerings but at much greater scale and geographic reach.
- BDO USA: BDO USA's Forensic Accounting and Investigation Services practice provides fraud investigations and litigation support through a national CPA firm network. It competes with Forensic Accounting Services on corporate and government engagements at greater scale.
- Alvarez & Marsal: Alvarez & Marsal's Disputes and Investigations practice provides forensic accounting, fraud investigation, and expert testimony. As a global professional services firm, it competes for high-end litigation support work overlapping with Forensic Accounting Services' practice.
Direct peers
- StoneTurn: StoneTurn is a boutique consulting firm specializing in forensic accounting, litigation support, and expert testimony. It directly mirrors Forensic Accounting Services' service model at a larger scale, serving attorneys, corporations, and government clients.
- Marks Paneth: Marks Paneth is a mid-sized CPA and advisory firm with a dedicated forensic accounting and litigation support practice. It serves similar attorney and business clients with comparable fraud investigation services in the Northeast U.S.
- Hemming Morse: Hemming Morse is a forensic accounting and litigation support CPA firm serving attorneys, businesses, and government entities. It is closely comparable to Forensic Accounting Services in scale, service mix, and client base.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Forensic Accounting Services social profiles
Digital presenceForensic Accounting Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forensic Accounting Services leadership team
Management profileNumber of profiles
Profiles1 record
Forensic Accounting Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forensic Accounting Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Forensic Accounting Services
What does Forensic Accounting Services do?
Forensic Accounting Services, LLC is a CPA firm that provides specialized fraud investigation, forensic accounting, and litigation support services. The firm investigates employee embezzlement, white-collar crime, and financial fraud for attorneys, businesses, government agencies, probate courts, non-profits, and municipalities, and delivers expert testimony in depositions and trials.
Is Forensic Accounting Services a public or private company?
Forensic Accounting Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Forensic Accounting Services founded?
Forensic Accounting Services was founded in 2005. It employs 1 to 10 people.
Where is Forensic Accounting Services based?
Forensic Accounting Services is headquartered in Manchester, United States, in the North America region.
How does Forensic Accounting Services make money?
One revenue line is on record: forensic Accounting and Investigation Services.
Who are Forensic Accounting Services's main competitors?
Broad incumbents on record are FTI Consulting, J.S. Held, Kroll, BDO USA and Alvarez & Marsal. Direct peers are StoneTurn, Marks Paneth and Hemming Morse.
Does Forensic Accounting Services have an API?
No public API is recorded for Forensic Accounting Services.
What industry is Forensic Accounting Services in?
Forensic Accounting Services's product category is Forensic Accounting Services. Its primary akta.pro industry code is BPAHABAH, Forensic Accounting & Fraud Investigation, with a secondary code of BPAHANAH, Forensic Accounting & Fraud Investigations. Its NAICS code is 541211 and its SIC code is 8111.