Forensic helps member firm clients identify potential financial misreporting and establish the compliance baseline underpinning relationships.
Forensic helps member firm clients identify potential financial misreporting and establish
Why it is important
An agreement with a licensee or advertising agency often contains complex remuneration calculations. A company cannot always monitor whether the counterparty has correctly reported its expenditures, sales, or services. Moreover, the counterparty may intentionally manipulate such data to its advantage and to the detriment of the company.
How we can help
We check that the contractor provides the company with accurate and complete information on the indicators that will be used when calculating the compensation amount under the contract. We also ensure that the contractor fulfills other conditions – that it fully provides requested services, adheres to the agreed schedule, etc.
What we do
What you get
Olivia Ellison, leader of Forensic Practice of KPMG in Ukraine, tells how consultants run investigations, what are the reasons for fraudulent acts on the part of employees, and how forensic practice can help businesses.