How Can You Detect and Mitigate Fraud in Your Organization?
White-collar crime, whistleblower allegations, fraud, embezzlement and abuse. These adverse events can shake your organization to its core. What if your company does not have a plan in place for dealing with the aftermath? Get the guidance you need to move forward and beyond these unfortunate situations with the Fraud & Forensic Accounting team at Cherry Bekaert.
The Firm’s Fraud & Forensic Investigation team includes highly‐experienced professionals with multiple certifications in public accounting (“CPA”), fraud examinations (“CFE”), financial forensics (“CFF”), private investigations (“PI”), information technology (“CITP”), and information systems auditing (“CISA”). Working with you and your legal team, we will develop and prioritize investigative objectives and rapidly implement a plan to identify and secure critical evidence, all within the first 24‐48 hours that fraud is detected with the goal of restoring and protecting shareholder value.
Through negotiations with risk managers, our forensic auditors and accountants work to ensure you obtain the maximum recovery under existing insurance policies. In addition, together with the use of our private investigators and other specialists, we can oftentimes help you recover hidden assets.
You will benefit from the latest eDiscovery, computer forensics and social media tools that drives our approach to addressing fraud and forensic auditing, asset recovery and remediation in all the following areas:
- Asset loss & recovery
- Anti-fraud controls
- Cyber fraud & incident response
- Data analytics and fraud diagnostics
- Digital forensics & e-discovery
- Employee theft
- Fraud risk assessment
- Fraud examination
- Forensic accounting
- Internal review & discovery
Fixing the problem should not be your only focus. As much as possible, you want to make sure the same thing does not happen again. Part of the fraud and forensic auditing investigative efforts includes the task of remediation, which ensures that your risks of the same type of fraud recurring are minimized, and restores trust and confidence. You will also receive guidance for improving policies and internal controls in line with best practices in corporate governance. To help you prevent or deter fraud, you can also have us conduct a proactive Fraud Risk Assessment, Cyber Risk and implement an Anti‐Fraud Prevention Program.