Forensic Accounting
In these economic times, theft and fraud is what a business can least afford. Financial crisis is the number one reason people resort to theft. Prevention and deterrence is the best way to combat these natural tendencies of people facing financial pressures. No company is immune to fraud.
Fraud & Your Business:
- National Average: 5% of revenue is lost annually to fraud – 2010 ACFE’s Report
- Studies show that fraud occurs more frequently in small, private businesses
- The average fraud is usually not detected for up to 18 months
- 25% of fraud schemes cost at least $1 million; median cost of the average fraud $160,000
How Fraud Hurts Your Business:
- Inventory Shortages
- Decline in Profits
- Expensive Legal Costs
- Valuable Time & Money Lost
Prevention is Key:
- Require Employee Background Checks
- Be Proactive: Engage in Your Company’s Financial Processes
- Safeguard Company Assets
- Implement Effective Internal Controls
How R & A Can Help:
- Conduct Fraud Risk Assessment of Your Business
- Design Internal Controls Customized to Your Industry
- Perform Corporate Investigations
- Perform Fraudulent Financial Transaction Analysis
- Reconstruct Accounting Records
- Calculate Fraud Damages
- Conduct Pretrial Investigations
- Provide Expert Witnessing
Why R & A is Better:
Don’t be a victim! We can help you prevent, detect & combat fraud. Our highly-trained professionals have expertise in these areas and are passionate about assisting you in the prevention and detection of fraud. We have the technical skills and financial background needed to help your business avoid becoming a victim to deception.
We are prepared to assist as all of our anti-fraud professionals are members of the Association of Certified Fraud Examiners, the world’s largest anti-fraud organization and premier provider of anti-fraud training and education.
Request a Fraud Risk Assessment of Your Business Today!
Or contact:
Susan M. Vos, CPA, CFE
520-881-4900
