Forensic Accounting

Losing sleep over the possibility of fraud in your company? Need to improve fraud control in your firm?

Forensic accounting combines accounting know-how with forensic techniques to identify and assist in preventing financial and other irregularities.

"In our organization, there are no embezzlements." Experience shows that there is no organization that is immune from fraud and financial irregularities, both internally and externally. Research in the western world shows that the average company loses about 3% of its sales turnover as a result of irregularities and fraud.

Can you afford to let something like this go unnoticed in your firm?

True, fraud cannot be totally eradicated. However, it can be minimized through controlling the exposure to risk, closing the loopholes, and improving the control framework before the damage is done.

To accomplish this, you need a forensic accounting expert who can provide you with the advice necessary to prevent fraud and who can investigate any suspicions that may arise.

"But I already have an accountant."

The name of the game in the modern world is "expertise". Fraud auditing is a specialty niche in the accounting profession which evolved in order to provide solutions to problems involving morality and ethics. This specialty combines accounting knowledge with investigative experience in areas such as: interrogation, data collection, quantification of damages, and preparing the groundwork for expert opinions to be used in litigation.

Over the years, we have amassed a wealth of experience in accounting investigations and specialty audits in dealing with suspicions, embezzlements, bribery, and white-collar crimes.

How are we different?

A department solely dedicated to forensic accounting.

Our services are based on the personal involvement of senior department staff, with the highest degree of discretion and professionalism.

We are assisted in our work by our firm's assurance, internal audit, information systems, tax, and economic consulting departments.

We are the Israeli member firm of an international network, enabling us to conduct investigations on a global scale, utilizing the services of local experts in just about every country in the world.

How can we help you?

• Uncovering fraud, embezzlement and white collar crime.
• Assistance to management in preventing irregularities and improving work processes, through fraud risk assessments and other techniques.
• Quantification of damages resulting from financial irregularities.
• Accounting and forensic assistance in legal proceedings in which the company is involved.
• Preparation of opinions and appearance in court as an expert witness.
• Undercover investigations on behalf of management, regarding the recording of receipts, data and asset security, employee attendance, etc.
• Conducting due diligence examinations prior to investments, acquisitions and mergers, in order to get a true picture of the target organization.