Up, Down or Out of Sight: How Assets and Liabilities are Recast in Disputes

Wan Yew Fai

Forensic Accounting Expert and
Founder & Principal of Strix Strategies

Shirley Tay

Forensic Accountant & Director, 10.10 Consultants Pte Ltd

SPEAKERS

Lunar Lee

Chartered Financial Analyst / Forensic Analyst

Edward Ta

Forensic Accountant

Practice Area

Professional Skills

Training Level

General

SILE Public CPD Points

2.5 Public CPD Points

Date

Fri, 13 January 2027

Time

2.30pm to 5.15pm

Venue / Format

Online (via Zoom)

Registration Fee

SGD S$185

SGD S$157.25 early bird rate (register before 15 December 2026)

SGD S$148 for PracticeForte Affiliates only

Your client says the money is gone. The other side’s accounts say it never moved. One afternoon with two forensic accountants shows you how to prove which is true.

About This Workshop:

When millions are unaccounted for, shareholders and spouses are at war, corporate valuations show a big disparity, or when damages are complex, the case turns on the numbers. Counsels who can read a financial trail or position, and who know what to ask the expert holding it, enter the room with an advantage. Most lawyers are trained on the law, not on the ledgers that decide the outcome.

This webinar starts with behind-the-scenes breakdowns of real Singapore court cases where forensic evidence proved pivotal. It then moves to practical techniques for:

upholding and countering valuations,
spotting deflated, inflated or dissipated assets,
uncovering hidden or inflated liabilities, and
identifying falsified accounts or transactions before litigation begins.

We will also discuss how to work with financial professionals and expert witnesses for litigation. You then work through an interactive case study: you analyse a simulated dispute, reconstruct altered financial trails and debate strategy with fellow participants. A moderated Q&A closes the session.

You will learn from four forensic accounting practitioners with a wealth of valuable experience in this field: Wan Yew Fai, Shirley Tay, Lunar Lee and Edward Ta, and leave with techniques you can apply to your next file.

What You’ll Learn:

Read the case law through the numbers: Explain how forensic evidence decided real Singapore disputes, and apply those lessons to your own matters.
Countering valuations: Explain how valuations can differ to a great degree and how to uphold one.
Spot asset dissipation or false injections early: Recognise the financial patterns that suggest assets are being moved before litigation begins.
Uncover hidden or inflated liabilities: Identify obligations that a counterparty’s accounts understate or overstate.
Detect falsified accounts or unauthentic transactions: Flag irregularities in financial records that warrant a forensic review.
Work effectively with financial professionals: Brief forensic accountants and other financial experts so their work supports your case theory.
Build strategy from financial evidence: Test and defend your approach to a financial-evidence problem against the views of fellow practitioners.

Who Should Attend:

• Litigation and dispute resolution counsel handling commercial or shareholder disputes where financial evidence is contested
• Family lawyers and matrimonial practitioners advising clients on asset identification, valuation and suspected dissipation
• Corporate and commercial lawyers who advise on shareholder conflicts, disputed liabilities or the valuation of closely held businesses
• Associates and senior associates who instruct or review expert reports and prepare witnesses for cross-examination
• In-house counsel who manage disputes involving financial irregularities
• Any practising lawyer who wants non-legal specialist knowledge relevant to their practice

Meet Your Trainer:

Wan Yew Fai is the Founder and Principal of Strix Strategies, with more than 30 years of experience in forensic accounting, business valuation, and complex financial investigations. He has been appointed as an expert in over 40 litigation matters, preparing expert reports that have been scrutinised and frequently preferred by Singapore and Malaysia Courts, including the High Court and Court of Appeal.

A Fellow Chartered Accountant (Singapore), ASEAN CPA, and CPA (Australia), Yew Fai’s work spans matrimonial disputes, shareholder and commercial conflicts, valuation of closely held businesses, disputed liabilities, and cryptocurrency-linked assets. His analyses are recognised for their clarity, logical consistency, and practical grounding in judicial expectations.

Beyond litigation, he has advised on mergers and acquisitions, investigations, and corporate restructurings, and previously served as Financial Controller of HBO Asia and as a regional auditor with USAID. As a PracticeForte trainer, he brings courtroom-tested insight to help professionals critically assess financial evidence and expert opinions with confidence.

Shirley Tay enjoys the challenges within forensic accounting, business advisory and working with clients. She has collected over 20 years of experience in all areas of retail, merchandise trading, legal services and F&B industries. She holds a Masters of Business Administration and has been a Fellow Chartered Accountant since 2004.

As a forensic accountant, she looks into and beyond the numbers to understand the complete picture. Her strong analytical skills and wealth of financial management experience augments her investigation services which involves the analysis of complex financial issues associated with commercial and matrimonial disputes. She has worked with attorneys and clients on the measurement of economic losses and damages, as well as asset identification and valuation. In 2016, Shirley delivered an expert report in a commercial litigation involving economic losses. Her work was pivotal in her client securing a favourable settlement for a six-figure sum, almost twice the amount the attorney was hoping to achieve.

Besides forensics, Shirley also relishes the challenge of finding answers to financial issues and working with clients to find solutions. She remembers well how companies react to major losses, and the impact a loss has on their value chain, organization, market approach and financial statements. This compels her to share her experience with enterprising business owners to grow their businesses with adequate planning and loss-mitigating strategies. Clients can count on Shirley to distill complex financial problems and theory into simple to understand presentations and reports. Her areas of expertise includes, but are not limited to, tax issues, financial management, business strategy and planning, financial controls and systems development.

Lunar Lee is a financial markets professional with over 25 years of experience in institutional equity sales, investment analysis, credit assessment and corporate valuation.

She is currently a Forensic Analyst at Strix Strategies Pte Ltd, where she is involved in complex financial investigations and the valuation of businesses and financial assets. Her work includes assessing corporate financial performance, market valuations, liquidity and credit risks. She has participated in several forensic engagements involving complex valuations of companies with an aggregate value exceeding S$300 million.

Prior to this, Lunar held senior positions at Maybank Kim Eng Securities, Daiwa Capital Markets, CLSA and CIMB-GK Securities, including serving as Head of Institutional Sales – Singapore at Maybank Kim Eng. Her extensive capital markets experience provides valuable insight into business valuation and the practical challenges of assessing corporate worth.

Edward Ta is a seasoned finance professional with over 35 years of experience in financial management, corporate finance, mergers and acquisitions, due diligence and forensic investigations. He spent 28 years with Cargill in senior regional and global financial management roles, overseeing operations across multiple jurisdictions in the Asia-Pacific region and internationally.

Since joining Strix Strategies Pte Ltd in 2016, Edward has specialised in forensic accounting, litigation support and financial investigations. His experience includes shareholder and commercial disputes, minority oppression, matrimonial asset tracing, investigation of improper accounting practices and identification of concealed or misappropriated assets. He has also undertaken complex financial investigations involving substantial cross-border asset portfolios and provided expert witness support in matrimonial disputes.

Edward’s extensive corporate experience, combined with his hands-on involvement in contentious financial matters, enables him to bring a practical commercial and investigative perspective to complex litigation.

Financial evidence often decides a dispute, yet few lawyers are trained to test it. This webinar gives you the techniques to examine a financial trail, work with forensic experts and prepare their evidence for cross-examination. Join us on 13 January 2027 for a practical session built around real Singapore cases and a live case study. Places are capped at 150.