Forensic Audit
Forensic audit investigations may expose, or confirm, various kinds of illegal activities. As opposed to normal financial audit forensic audit is used to gather evidence that could be used in the court of law. A forensic accountant utilises a range of skills, experience and understanding in the areas of business information, economic theory, financial reporting systems, accounting and auditing procedures. In addition he or she may have in depth understanding of data and electronic discovery, analysis techniques to uncover fraud, such as machine learning and data mining. Our team has practical experience working in multitude of industrial sectors ; this helps us in approaching a review assignment in a more focused and object oriented manner
Our Team of Chartered Accountants can play a crucial role in examining and investigating your current financial processes and standards, We will help you identify more effective and efficient solutions. The whole process is one of detecting problems and areas of improvement for the benefit of the business. Our Report would signify.
-
Identify what fraud, if any, is being carried out.
- Determine the time period during which the fraud has occurred.
- Discover how the fraud was concealed.
- Identify the perpetrators of the fraud.
- Quantify the loss suffered due to the fraud