Overview
When a business suspects fraud, misappropriation, or a set of numbers that simply doesn't add up, a standard audit isn't built to find out why. Forensic audit applies accounting, investigative, and legal-aware techniques — in line with ICAI's Forensic Accounting and Investigation Standards (FAIS) — to trace transactions, quantify loss, and produce findings that hold up under legal or regulatory scrutiny.
What's Included
- Investigation of suspected fraud, embezzlement, or misappropriation
- Financial statement fraud detection and quantification of loss
- Evaluation of internal controls and fraud risk assessment
- Litigation support and expert witness assistance
- Engagements structured to align with ICAI's FAIS framework
Our Approach
- Define the scope, objective, and nature of the engagement upfront, per FAIS 110
- Gather and analyze financial records, transactions, and supporting documentation
- Trace fund flows and identify irregular patterns or control failures
- Report findings in a form usable in legal, regulatory, or board proceedings
Who This Is For
Businesses facing suspected internal fraud, boards and audit committees needing an independent investigation, and NBFCs or lenders needing a forensic review as part of a high-value credit or dispute matter.