Engineering and accounting disputes can arise in a variety of contexts, including construction projects, engineering contracts, and financial reporting. We will look at how to handle each type of dispute:
Engineering disputes
Types of disputes
Dispute over quality of work: such as work that does not conform to specifications or technical standards.
Delay in delivery: delay in the implementation or delivery of the project.
Additional costs: disputes over additional costs or changes to the project.
Liability for damages: disputes over liability for damages that occur during the implementation of the project.
Procedures for dealing
Contract review: analysis of the terms of the contract and the obligations of the parties.
Damage assessment: verification of damages or delays through technical reports and consultations from specialized engineers.
Negotiation and settlement: attempt to resolve the dispute through negotiation with the parties involved.
Litigation: if no solution is reached, the case can be brought before the competent courts.
Alternative means of dispute resolution
Mediation: using an independent mediator to resolve the dispute.
Arbitration: resorting to a specialized arbitrator to resolve the dispute based on the contract or agreement between the parties.
Accounting Disputes
Types of Disputes
Financial reporting discrepancies: such as discrepancies in figures or accounting errors.
Tax violations: Disputes related to tax issues or settlements with tax authorities.
Audit: Problems that arise during the audit process, such as inconsistencies in data or audit results.
Procedures for dealing
Record review: Analysis of financial records and audit reports to ensure their accuracy.
Audit and analysis: Additional auditing by a chartered accountant or accounting expert may be required.
Negotiation and settlement: Attempting to reach a settlement with the parties involved.
Litigation: If settlement is unsuccessful, the case can be brought before the competent court.
Alternative means of resolving disputes
Mediation: Hiring a specialized mediator to resolve the dispute.
Arbitration: Recourse to an accounting arbitrator to resolve the dispute based on accounting laws and standards.
At MSH, we provide legal support in dealing with engineering and accounting disputes, from providing technical analysis to negotiation and litigation. We are here to ensure that your rights are achieved and disputes are resolved in the best possible way.
