Forensic accounting is an essential part of any investigation or forensic engagement. It is not only reactive (investigating fraud after it happens) but also increasingly also preventative by helping corporations strengthen internal controls, avoid regulatory penalties, and protect shareholder value.
Examine irregularities in financial statements, expense claims, or transactions. Trace embezzlement, kickbacks, or vendor collusion schemes.
Track misappropriated funds or hidden assets across accounts, entities, or jurisdictions. Support recovery through litigation or settlement.
Identify manipulation of revenues, costs, or reserves. Assess the accuracy of reported financial positions for shareholders or regulators.
Analyze payments, contracts, and procurement records for illicit transfers. Support compliance with FCPA, UK Bribery Act, or local anti-corruption laws.
Provide expert accounting analysis in shareholder disputes, breach of contract, or insolvency claims. Deliver expert witness testimony in court or arbitration.
Conduct independent reviews for audit committees and regulators. Assist with compliance to anti-money laundering (AML), sanctions, or tax reporting requirements.
Quantify business interruption losses, fraud-related claims, or damages. Evaluate contested valuations in mergers, acquisitions, or joint ventures.
Investigate preferential payments, fraudulent transfers, or director misconduct. Support creditors and administrators in insolvency cases.
Apply advanced analytics to detect anomalies in large financial datasets. Use forensic accounting software for continuous monitoring of transactions.
Perform proactive fraud risk assessments and internal control reviews. Recommend improvements to governance, audit, and compliance frameworks.