Forensic Accounting and Fraud Examination
Comprehensive forensic accounting services, including fraud detection, financial investigations, and internal control assessments tailored to identify risks and support prevention strategies.
Forensic accounting & fraud examination services:
Fraud happens in organizations of every size, in every industry.
The Association of Certified Fraud Examiners estimates that the typical organization loses 5% of revenues to fraud each year. Employee embezzlement, financial statement manipulation, asset misappropriation, money laundering these aren’t just problems for large corporations.
When fraud is suspected or confirmed the response matters enormously. A poorly managed investigation can compromise evidence, expose the organization to additional liability, and make resolution more difficult. CTBK’s forensic accounting and fraud examination team brings a systematic, highly credentialed approach to these sensitive engagements.
Our Teams Credentials:
When an allegation or evidence of fraud, misconduct, or other wrongdoing arises, CTBK’s highly credentialed team assists our clients in an investigation at any step.
Our forensic accounting practice is led by professionals with specialized credentials including the Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE) designations. These certifications represent a commitment to the highest standards of practice in forensic investigation and fraud examination.
Fraud Prevention: Building Defenses Before You Need Them
The most cost-effective approach to fraud is prevention. CTBK can review your current systems, policies, and internal controls, and deliver specific recommendations to reduce your organization’s fraud exposure before an incident occurs.
Prevention Services Includes:
- Internal control assessments and gap analysis
- Fraud risk assessment and risk mapping
- Design and implementation of anti-fraud programs and controls
- Segregation of duties analysis
- Employee fraud awareness training
- Whistleblower hotline program design and implementation
- Ongoing fraud risk monitoring reviews
Fraud Investigation Services
When an allegation or evidence of fraud arises, acting quickly and systematically is critical. Our team can engage at any stage of an investigation, providing a structured, defensible process from initial assessment through resolution.
Our Investigation Process Includes:
- Develop a thorough work plan for an investigation
- Identify and collect the necessary data and documentation for analysis
- Ascertain the appropriate individuals to perform informational interviews
- Develop questions for interviews and conduct informational interviews
- Analyze qualitative and quantitative information and data received
- Quantify the fraud loss and duration
- Prepare expert witness reports for litigation
- Design anti-fraud programs and controls
- Conduct ongoing reviews and fraud risk assessments to identify possible red flags or indicators of fraudulent activity
We offer a range of services in this realm, including:
Forensic accounting encompasses more than fraud investigations. Our team provides a range of services where financial expertise and investigative rigor intersect:
- Forensic Attest Services
- Fraud, Money Laundering, Or Embezzlement Investigations
- Litigation And Accounting Issues Analysis
- Business Contract Analysis
- Bankruptcy Analysis
- Accounting Records Reconstruction