Forensic work refers to professional activities through which, by applying scientific, technical, and other achievements, necessary expert knowledge is provided. This knowledge is used in determining, assessing, or clarifying legally relevant facts, or facts important to legal entities or individuals, for the purposes of control, business improvement, or the realization and protection of their rights.
The concept of the “economic-financial field” is very broad, and in today’s economic studies it includes more than a dozen specializations (corporate finance, capital and asset valuation, auditing and financial management, taxation, payroll calculation, accounting, bookkeeping, banking, banking operations, insurance, foreign trade operations, foreign exchange operations, compensation for damages, interest, etc.).
Judicial expertise is a legal process that results in an opinion issued by an authorized expert for the analysis of court proceedings – a court expert witness.
An expert witness is a collaborator of the court and judge who, through his professional findings and opinion, significantly helps the court establish the truth, i.e., determine specific facts, after which the hearing is opened or concluded. The quality and comprehensiveness of the expert’s findings and opinion largely determine the course and outcome of judicial or out-of-court proceedings. Therefore, the expert is assigned a task that must be performed in accordance with the available documentation as well as the highest level of professional knowledge and ethical principles. In addition to expertise, the expert must also have the ability to translate the subject of expertise into a written report containing findings and opinion, thereby assisting the court, judge, and parties in the dispute by presenting the matter in an impartial, professional, clear, and understandable manner. In addition to court proceedings, expert services may also be used by legal and natural persons for determining their rights, claims, and debts.
The expert services provided by Pannon Group NS in the economic-financial field are intended for entrepreneurs, legal and natural persons, attorneys, company owners, investors, for court proceedings, out-of-court disputes and settlements, alignment of business interests, or development of business cooperation.
The areas in which Pannon Group NS performs expertise cover all domains of economic-financial expertise, including:
- calculations of all types of interest (statutory, contractual, tax interest, interest calculated based on court judgments in commercial, civil, labor and other disputes, interest on claims based on alimony, rent, and other grounds in court cases and enforcement orders, review and recalculation of interest upon client request – loans, savings, etc.);
- loan amortization schedules, valuation of business operations, capital, and ownership shares;
- determination of receivables value;
- verification of contracts and other documentation, tax calculations;
- analysis of debtor–creditor relations (interest, debts, receivables, etc.);
- preparation for civil, commercial, labor, or enforcement proceedings;
- expert assessments in civil, commercial, investigative, and out-of-court procedures;
- expert analyses in labor and employment relations (violations of labor law and related financial consequences, determination of lost wages and compensation);
- expert analyses related to banks, insurance companies, financial institutions, etc. (bank interest, maturity of obligations, bank arrangements: letters of credit, remittances, guarantees, loans);
- all types of economic-financial expertise in the operations of all business entities;
- specialized economic-financial expertise upon request of courts, parties, or legal representatives in labor, civil, enforcement, administrative, and criminal cases;
- expert analyses in debtor–creditor relations (interest, debts, receivables, etc.);
- expert analyses in tax procedures and processes (tax interest, tax proceedings, etc.).
On behalf of Pannon Group NS, economic-financial expert services, both in court and out-of-court proceedings, are provided by permanent court experts registered in the official Register of Court Experts. All our expert reports are prepared professionally and precisely, based on the highest level of scientific and applied knowledge, as evidenced by engagement by the Basic Court in Novi Sad, the Commercial Court in Novi Sad, as well as other courts in more than 2,000 cases during the period 2015–2024.
