As an owner or executive, the greatest assets you protect are the value, reputation and employees of your company. Setting the right tone at the top is vital for cultivating a culture that displays a desire for avoiding costly mistakes, an appreciation for strong controls and a zero-tolerance attitude towards fraud.
positive reputation of your business drives value. Communicating an atmosphere
of strong oversight and zero-tolerance at the top is vital to reducing exposure
to damaging behavior. Employees who are aware of management’s adherent interest
in securing its assets, by closely monitoring its controls, are less likely to
Protecting the Bottom Line
let external pressures distract you from internal opportunities and risks. Missed
opportunities to reduce cost, preventable employee mistakes, ignored discounts
and poor internal controls all provide a cover up for employee fraud.
Can you afford these risks?
Surprise Audits. The element of
surprise is very powerful in setting a zero-tolerance tone. A certified fraud
examiner will be on site periodically to test technical and procedural controls
and operational processes, unbeknownst to employees. This process encourages
employees to identify areas that could be susceptible to or are already at risk
for lost earnings and can be a powerful tool for identifying costly mistakes.
Red Flag Audits. Do you know
what your accounting data is telling you?
Using proven statistical and logical methods, we can dig even deeper
than a surprise audit and identify
anomalies in your everyday transactions that suggest potential fraud or abuse.
Fraud Hotline/Webline. Implementing
safe and private avenues for employees to communicate suspicious behavior
encourages employees to do so without fear of repercussions. Employees will
receive wallet cards with a phone number and website to report their findings.
Reports will be analyzed by a certified fraud examiner, with claims reported to
you to decide next steps.
IT Audits. Easy, accessible technology enables
fraud. Our IT audit services will work
with your internal service providers to understand the weaknesses inherent in
the systems you use for operations and communication and create accountability
in how your technology is used.
Improving Controls. If loose
controls or operational inconsistencies are identified during our visit, you
will receive an improvement plan on how to tighten or enhance your controls and
Strong Policies. Employees will
receive tools for taking safe and appropriate action when suspicions develop.
Having documented policies in place protects
your organization and clearly communicates to your employees, investors
and shareholders that your organization is proactively committed to operational
Employee Surveys. Knowing in
advance if your employees have concerns about fraud or ethics can help you
resolve problems before they become lawsuits or significant losses.
Employee Training. A key step to
communicating high expectations is educating your employees on where to look
for fraud and what to look for. Having yearly training sets the tone that your
organization is not complacent when protecting its assets.
Enhanced Operations. In the end,
this process of continual testing and improvement will enhance your operations,
support you in your compliance with contracts and reduce expenses related to
inefficiencies or oversights.
Stop worrying about what you can’t
control and start focusing on what you can. Protect your value. Improve your bottom line.
Are you a candidate for our Forensic
If you answer yes to any of these questions, you may be an ideal candidate for forensic services from our highly skilled and trained employees:
- Do you need to protect the value and goodwill of your
- Are you positioning for an exit from your business?
- Have you grown to the point of needing an “internal
- Do you put a lot of trust in a few key employees?
- Do you want to improve efficiencies in your processes
while not compromising the accuracy and reliability of the work product?
- Do you want peace of mind that processes and procedures
in place are appropriate to prevent or detect either errors or fraud?
- Have you ever laid awake at night worrying about the
possibility of fraud at your organization?
- Are you in a period of expansion or growth that involves
increased activities and want to ensure you have adequate resources devoted to
the appropriate departments?
- Do you want to help prevent a fraud from affecting your
- Do you ever wonder what key things should be prioritized
to maintain adequate oversight while not having administrative tasks occupy all
of your valuable time?
- Are you in a period of business cutbacks and need to do
more with fewer resources?
- Do you want valuable insight and knowledge on the key
processes affecting your business and the necessary controls to help prevent or
detect errors or fraud?