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Forensic and special audits involve detailed investigations to uncover fraud, financial discrepancies, or irregularities, providing insights for legal proceedings and improving organizational integrity.
Our team of experts, including over eight chartered accountants and experienced forensic accounting professionals, employs a distinctive approach and methodology tailored to meet each client’s specific needs and circumstances. As your trusted forensic accounting advisor, we assist you in navigating complex investigations and recommend appropriate corrective actions. Our services encompass fraud investigations, intricate financial analyses, and regulatory inspections.
All organizations will occasionally face accounting-related legal issues and arbitration. Our team is here to provide expert witness testimony and advice throughout the entire litigation or arbitration process, including handling contractual disputes, calculating losses, and offering expert support.
Due to certain limitations within the audit process, such as sampling techniques and quantitative materiality thresholds, no regular audit can guarantee the detection of all financial irregularities in the financial statements. However, our professionals possess the skills and experience needed to identify financial misstatements resulting from fraud and financial crime.
Our specialized team uses various methods to analyze financial profiles, including examining income records, financial accounts, tax returns, and other publicly available information about real estate, business interests, and consumer profiles, including tax fraud and lifestyle audits.
Special audits are necessary when there is suspicion that laws or regulations have been breached in an organization’s financial management. Alongside investigating these violations, audits can also focus on duties, authorizations, responsibilities, and internal control guidelines. Special audits are often associated with corporate reorganizations or bankruptcy and are conducted in accordance with the recommendations of the Advisory Board for Bankruptcy Affairs.
Our special audit experts have extensive experience handling various situations across organizations of all sizes. The scope and focus of each special audit are determined in collaboration with the client on a case-by-case basis.
In addition to standard year-end audits, various other types of audits may be required throughout a business’s lifecycle. Regardless of the type of audit needed, you can trust that we will execute it efficiently and effectively.
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