Arson or Accident: A Forensic Accounting Case Requiring Critical Thinking and Expert Communication

ABSTRACT: When a fire destroyed the home of Jeffrey R. Jones, he immediately filed a claim with his insurance company, Gladstone Insurance. Gladstone denied Mr. Jones' claim alleging, among other things, that he had a financial motive to commit arson. To resolve the dispute, Mr. Jones filed a lawsuit against Gladstone for damages, denying the allegation that he had a financial motive to burn down his home. You will act as a team of forensic accountants, hired by either Mr. Jones or Gladstone, to present evidence on Mr. Jones' financial condition at the time of the fire. In addition to writing an expert report, you will have the opportunity to participate in a mock trial during which you will present your opinion and face cross-examination from an opposing team.