Product Recall Services
When a product recall occurs, organizations need forensic accounting professionals who can respond quickly with objective, defensible financial analysis. Meaden & Moore provides experienced forensic professionals to support loss measurement, claims analysis, and dispute resolution for complex product recall events.
UNDERSTANDING PRODUCT RECALL RISK
Product recalls are becoming increasingly complex due to global supply chains, evolving regulatory requirements, third-party manufacturing relationships, and heightened consumer expectations. When a recall event strikes, the financial fallout can be significant, contested, and time sensitive.
Meaden & Moore provides independent forensic accounting and financial analysis to help organizations, insurers, and brokers evaluate, quantify, and validate the financial impact of product recall events. Our professionals work side-by-side with insureds and brokers to measure and validate losses efficiently so claims can be resolved with speed and confidence.
With extensive experience supporting complex recall matters across a wide range of industries, our forensic accountants deliver objective financial insight, defensible analyses, and collaborative support tailored to each engagement.
Our Product Recall Services Include:
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First-party recall expense verification
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Lost revenue and lost profits analysis
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Incremental cost vs. continuing cost segregation
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Inventory write-down and destruction costs
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Rehabilitation and re-launch cost assessment
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Track and validate a product’s movement through all stages of production, processing, and distribution
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Supplier/co-manufacturer cost passthrough review
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Customer deduction and chargeback validation
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Insured’s accounting records examination
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Sales data trending and normalization to isolate recall driven impacts
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Third-party vendor invoice auditing
Case Study: Voluntary Consumer Product Recall
The case study highlights the investigative accounting approach used to isolate covered losses, evaluate recall-related expenses, and support a defensible claim settlement.
Product Recall Continuing Education Programs
Meaden & Moore delivers product recall education programs for insurers, brokers, underwriters, claims professionals, attorneys, and corporate audiences. Our presentations combine real-world recall experience with practical financial and forensic insights to help professionals better evaluate and resolve recall-related losses. Programs can be delivered virtually or in person and customized to the needs of each audience.
Request a Product Recall Presentation
To schedule a product recall presentation or continuing education (CE) session, contact Meaden & Moore. Our professionals will work with you to develop a customized program aligned to your organization’s needs and audience.
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