Expert Opinion for Court
Expert opinions for the court in the fields of economics, accounting, resource balancing in divorce cases, insurance company claims, and more are among our firm’s areas of expertise. We are included in the expert accountants’ database for courts in Israel. Accountants from our firm are regularly appointed by judges to provide expert opinions in economic or accounting matters that are required by courts in general, and specifically by family courts and enforcement departments, to assist in resolving various legal issues. Additionally, accountants in our firm prepare expert opinions upon request and appointment by governmental and institutional bodies, businesses, or their attorneys, for submission to judicial authorities. Sometimes, expert accountants are appointed to provide their opinions for estate managers, arbitrators, and various mediators.
The submission of an expert opinion to the court, or to a client based on appointment, is supported by responses to clarifying questions if needed. Should it be required, the expert accountant who authored the opinion will appear in court to provide testimony or undergo cross-examination in relation to the opinion and its foundation.
Our firm, Michael Weizman & Co. – Financial Advisory, has extensive experience and a strong reputation for submitting expert opinions in the fields of economics and accounting to the court. These opinions are included in legal cases related to business or financial disputes between businesses or companies, as well as personal disputes in court. Frequently, an expert accountant from our firm provides expert opinions to family courts, where calculations of resource balancing in divorce cases are required, including evaluations of personal reputation and career assets of professionals, and business valuations for companies and enterprises. Our team of experts is highly skilled in preparing expert opinions for court, especially in cases involving insurance company claims for business loss and inventory, machinery, and equipment damage calculations.
Economic or accounting expert opinions submitted to the court consider all relevant factors, present clear and understandable arguments to any person without professional training, and help the judge make an informed decision. This process eases the legal discussion and assists the judge in reaching a wise conclusion.
Fortunately, on more than one occasion, judges have ruled based entirely on the expert opinion submitted by our firm’s accountants, with precise amounts mentioned in the opinion being fully adopted in the honorable judge’s ruling.
For example, in July 2021, a decision was made by the honorable judge, who commented on the expert opinion submitted by our firm with the following words: “At the outset, the court wishes to thank the court-appointed expert for the thorough and in-depth work and for the enlightening expert opinion presented to the court.”
Similarly, in August 2017, a verdict was given in a case where we were appointed by the court to provide an expert opinion. Below is a quote from the honorable judge’s ruling regarding our expert opinion: “I was impressed by the expert opinions – they were thorough, professional, addressed the necessary data, paid close attention to the parties’ claims and additional questions, and responded in accordance with the decisions made for their preparation.”
An expert from our firm will be happy to assist you with this service. Contact us with no obligation.