We are experts in the detection, investigation and prevention of fraud. Fraudulent practices include

  • Bribery and Corruption
  • Asset Misappropriation
  • Financial Statement Fraud

We also conduct Fraud Risk Management to assess a company’s vulnerability to fraud. Services for fraud risk management typically include,

Identifying a lack of segregation of duties between employees and departments;

Implementing the seven factors for establishing an anti-fraud program;

Assessing the process-level fraud risks in the cash receipts, cash disbursements, payroll and bank reconciliations; and

Designing financial analyses aimed at detecting fraud schemes, including asset misappropriations and financial statement fraud.

Our approach
Analytical Techniques | Identify & Gather | Investigate | Findings and recommendations | Provide Report

Test your knowledge of Fraud:

An employee collects, deposits, performs bank reconciliation and also provides reports to management. There are no checks and balances-no segregation of duties.

An employee processes checks and also signs them and mails payments to vendors. There is no segregation of duties.

Does the company analyze the wire transfer movements between bank accounts?

Does the Organization perform timely and month-end bank reconciliations?

Does the company have any ghost employees? A payroll check for a non-existent employee?

Does Senior Management own the implementation of the fraud risk controls?

Does the company carry fidelity insurance and also Directors Errors and Omission (D&OE)?