Forensic Audit

With the increasing incidents of white collar crime forensic auditing has gained much prominence over the years with institutions attempting to stamp out fraud. A forensic audit is an examination of an organization's or individual's economic affairs, resulting in a report designed especially for use in a court of law. It is also a targeted application of detailed audit procedures to identify if there has been any illegal, unauthorised or un-procedural use of funds and assets and to establish the identity of those responsible.
Forensic audits are performed by special class of financial experts known as forensic accountants. This class includes certified fraud examiners who have a background in accounting, prosecuting fraud, loss prevention or criminology/sociology who pass the Certified Fraud Examiners test.
Our forensic audit division headed by a Forensic Expert and a member of the prestigious Association of Certified Fraud Examiners deals with the investigation of allegations of economic crime including fraud, theft, corruption and accounting irregularities.
The Kobla Quashie and Associates forensic audit team utilises a world-class Investigation Methodology approved as the best practices by the Association of Certified Fraud Examiners and conducted in accordance with the International Standard on Related Services (ISRC 4400) applicable to agreed-upon procedures engagements
Our services include:

• Developing fraud theories to identify the nature of the fraud
• Determining where the evidence is likely to be
• Evaluating what evidence is necessary to prove intent
• Determining the extent of the financial loss
• Establishing charts linking people and the evidence
• Determining defences to allegations
• Conducting the investigation through interviews, observation and obtaining affidavits
• Recommending effective corrective actions to prevent future incidents and assist with financial recoveries
• Compiling comprehensive reports that could be used in the Court of Law