In the article, the author discusses when to expand an engagement to include specific forensic procedures. This need arises when the financial statements are misleading, incomplete, or appear manipulated. These factors, alone or in combination, can significantly distort the concluded value of a business. When a business valuation is necessary in a litigation setting, determining the value of the business is often one of, if not the most, critical pieces of the overall puzzle. One question often sits at the center of the conflict: What is the business worth? The process to arrive at this answer may seem straightforward—review the…