Forensic Audit & Investigations
“Globally, the number of economic criminality has continued to rise in recent years, often resulting in substantial losses. Unfortunately, this means that fraud has now become one of the biggest business risks.Our specialized forensic audits and investigations are intended to detect, prevent and respond to fraud, misconduct and general non-compliance with relevant legislation, regulations, policies and procedures in an organization.
We offer the following specialized services:
Consulting preventing economic criminality involves the development and implementation of measures to avert or at least minimize both the risk of fraud and the primary and secondary losses that result from it. Our team of forensic auditors will help in designing fraud prevention framework tailored to your organization specific needs.
Fraud due diligence audit examines structural and procedural organization in order to identify fraud risks and detect incidences of fraud. We review your processes, policies and transactions among others and bring to light those events which may result in financial resources being siphoned out of your organization.
Any suspicion, indication or evidence of fraud arising in your organization should be promptly followed up. In conducting our forensic audit, we adhere to all applicable professional standards and continuously consult with our clients in order to inform them of the latest findings and agree on how to proceed with the project in the light of these
The precise aims of the audit depend on the individual circumstance of the suspected fraud, but they are typically to identify the following:
- Type of fraud
- How the fraud was committed (fraud pattern)
- Number of perpetrators
- Extent of the fraud (material and intangible losses including potential losses not yet realized)
- Root causes of the fraud