Fraud Investigation & Prevention

Fraud investigation is the practice of employing accounting, and investigative skills to assist in the determination of whether criminal matters such as employee theft, securities fraud (including falsification of financial statements), insurance fraud and identity theft have occurred. 

We might also recommend actions designed to minimize future risk of loss. Investigative work might be required in civil matters, such as searching for hidden assets in divorce cases.  At Insight, we look beyond the numbers to grasp the substance of questionable situations. This type of accounting is a combination of specific skills that are in higher demand as business complexity expands.

We work with financial information for the purpose of organizing complicated issues in a manner that others can easily understand. We can be engaged in the public practice of forensic examination, yet we also work in private entities such as banks and insurance companies or governmental entities such as law enforcement, the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS.)

Occupational fraud committed by employees usually involves the theft of assets – embezzlement is the most common fraud. Employees could be involved in kickback schemes, identity theft or conversion of corporate assets for personal use. We observe suspected employees, examine assets, inspect documents and interview those involved. Experience of this nature enables us to recommend internal controls that owners can implement to reduce the likelihood of future fraud.

There are seemingly endless opportunities for qualified fraud investigators to assist in investigations in private companies. CEOs are now required to certify that their financial statements are faithful representations of the financial position and the result of operations of their companies. As a result, these corporate officers must rely more heavily on internal controls to detect any misstatement that such financial documents might contain.

If you have further questions about fraud investigation or fraud investigation services, contact us today to get an expert opinion from the only qualified source in town.

This type of service is performed for many reasons, using judgment and experience as it is not an exact science.
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We offer services that support the work of attorneys involved in these types of cases. » read more

We use our services to assist in the determination of whether criminal matters have occurred. » read more