Our objective is to prevent and detect fraud and be prepared to investigate and combat it when it occurs, thereby minimizing the damage and impact on goodwill.
Business fraud is increasing. The economic environment, pressure to get results, enrichment or the opportunities that are presented by the weaknesses of the control environment contribute to its rise.
In order for the fight to be effective, it is necessary to rely on professional advice with confidence in crisis management through a wide array of services, among which we highlight:
- Advice on the management and prevention of risk of fraud, producing evaluations or diagnosis of risk and degree of exposure to fraud, defining and/or verifying the existing anti-fraud controls in your organization and business processes, organizational culture, thereby applying the best practices for identifying limitations or areas for improvement.
In this same regard, we develop and implement policies and protocols for the prevention of fraud.
- Detection of Fraud, once the business is understood and a Risk Assessment is performed, we define and implement alerts for fraud or irregularities by means of the application of advanced techniques of “data mining”, definition of models, scoring systems and fulfillment tests in transactions, areas and processes. In this manner, we help our clients to comply with certain regulations concerning anti-fraud and anti-corruption regulations, among which we highlight the “Sarbanes-Oxley Act, Foreign Corrupt Practices Act (FCPA) Money laundering, UK Bribery Bill, etc.
- Investigation of fraud, we conduct the investigation, quantification and accreditation of fraud (accounting manipulation, undue appropriation of assets, corruption/bribes etc), quantifying the Economic Damage caused and preparing and issuing an expert report for its possible submission in a legal proceeding (labor and/or criminal).