Forensic Accounting - Fraud Detection and Investigation

Occupational fraud schemes often continue for years undetected, and, on average, companies lose 5% of top line revenue to fraud.  Fraud happens with increased frequency in a tough economy, and Harding Shymanski & Company is here to help your company implement processes to detect fraud, recover losses, and mitigate future risk. Management and the board of directors are not only responsible for investigating and quantifying a fraud that occurs, but also for ensuring that policies, procedures, and controls are in place to proactively detect fraud. Our Business Advisory Services group has a Certified Fraud Examiner, a Certified Valuation Analyst, and two Certified Internal Controls Specialists on staff, in addition to a number of Certified Public Accountants, uniquely qualified to assist you in implementing detective controls and evaluating your records to determine the full extent of the damage.  We also will recommend internal control improvements to prevent it from happening again.

OUR APPROACH

Harding Shymanski & Company understands that detecting and investigating fraud can be a complicated process. When consulting with you on fraud detection, our team will begin by understanding your business and what policies, procedures, and controls are currently in place to detect fraud. We will then make recommendations on enhancements to your control structure to proactively monitor for fraudulent activity.  If fraud has occurred, we will discuss what you have already discovered and define areas for the focus of our investigation. We will also address the cost/ benefit of widening the scope of the investigation and help you determine whether further analysis will be cost-effective. The end result is a written report containing evidence to support our findings that is suitable for a court of law.  Should you need litigation support while pursuing loss recovery, we can also provide expert testimony in addition to our thorough documentation. Our goal is to help you recover as much as you can as quickly as you can.  Finally, our team of experts will analyze what weakness in internal controls allowed the fraud to occur and what steps the company can take to prevent such a loss from occurring in the future.

BENEFITS

There are many reasons that you benefit from our objective, knowledgeable approach:

Want More Information?

Contact Priscilla Capes, CPA, CFE, AAP at (502) 584-4142.