Forensic and Investigation Risk Advisory
Business environment today is volatile, fraud risks on the rise, perpetrators increasingly sophisticated, stakeholder expectations getting higher and regulatory enforcement, heightened. Against this background, vulnerabilities of variety of fraud, misconduct, money laundering, bribery, kick-back schemes, amongst others, pose substantial threat to financial, operational, and brand value of any business. It is therefore not an overstatement to say that identifying and mitigating these risks is crucial to business’s existence.
Our Forensic advisory services helps to overcome these critical business challenges. Our team stands solid on experience and subject-matter expertise to provide the right insight, from strategy to execution. We cover the spectrum of forensic advisory services and take pride in having worked on diverse engagements. While we tailor our solution to a client’s requirements, the agility, conviction and sensitivity with which we approach any issue is constant.
Our team transforms data, navigating our clients through crisis, controversy, corruption, fraud, cybercrime, contract disputes, litigation, regulatory investigations, insurance claims, and guides them on strategies to mitigate the disruption that naturally occurs when facing such complex matters.
What we offer
Comprehensive portfolio of forensic services including digital forensic under one roof. Undertaking complex investigations, providing the right business intelligence, appropriate response plans, from proactive to reactive services, we possess the right capabilities to address your requirement.
We provide niche solutions at every step, to support and achieve Client’s goals like
Investigating allegations surrounding a range of corporate irregularities
Tracing embezzled funds or assets
Assessment and investigation of whistle-blower complaints
Developing an anti-fraud programme and providing fraud risk management risks
Developing Whistle-blower mechanism
Assistance in remedial actions
Bribery risk assessment
Anti-bribery due diligence
Regulatory compliance framework or periodic compliance review
Forensic technology assistance
Fraud Risk Assessment
Expert witness testimony
Forensic Accounting and Investigation Services
Forensic Accounting (Forensic Audit) involves examination and investigation of a firm or individual’s financial statements and records to find evidence that can later be used in the court of law. There are various reasons for conducting forensic Accounting such as for prosecuting someone for embezzlement, financial crimes, or fraud.
The process of Forensic Accounting is similar to other types of auditing, as it includes phases like planning, investigating, reviewing, and reporting to the client. However its totally dis-similar to audit as it is non-routine function and involves affixation of blame and quantification of loss/dispute. The reason as to why the investigation is conducted is to discover if the fraud actually took place, and if it did who were involved, to quantify the monetary loss and finally present the record to the client and ultimately to the court. Therefore, in simple words, it can be concluded that Forensic Accounting is a procedure carried out to produce evidence. The Investigation techniques helps in identifying and gathering evidence to prove various aspects like duration, the involvement of people and quantity of loss, etc.
The common types for frauds, we as a forensic auditor come across is broadly classified into Financial Statement Fraud, Asset Misappropriation, Bribery, Corruption and Capital Market Frauds.
Our services includes:
Fraud Investigation Planning
Gathering of Evidences
Document Analysis
Finding the Money Trail
Preparation of Forensic Report
Dispute Resolution
Testimony
To know more, Get in touch with us