Audit And Assurance
A forensic audit is a specialized examination and evaluation of a company’s or individual’s financial records aimed at uncovering evidence for legal proceedings, litigation, or investigation of financial misconduct such as fraud, asset misappropriation, or embezzlement.
Forensic auditing combines investigative techniques with accounting expertise to identify suspicious practices or irregularities hidden within financial records and statements. Our trained forensic auditors not only detect fraudulent activities but also present findings in a clear, legally defensible manner suitable for courts, regulatory authorities, or internal investigations.
While forensic audits are often associated with uncovering flaws or misconduct, they also play a vital role in strengthening a company’s existing financial controls and business practices, ensuring robust risk management.
When a Forensic Audit Is Initiated:
- In response to red flags identified during regular audits or operational reviews.
- Due to allegations of fraud, corruption, or financial mismanagement.
- To investigate specific issues defined by the audit client, such as employee fraud, vendor disputes, or customer-related discrepancies.
Forensic audits are highly focused and tailored to the client’s needs, with findings presented according to professional standards, ensuring they are admissible and reliable for legal or regulatory purposes.
