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Fraud Investigation Services

Fraud Investigation Services

We conduct complex investigations: we analyse accounting data, review supporting documents, and perform interviews with employees.

We conduct investigations: we analyse accounting data, review supporting documents etc.

Why it is important

According to the Association of Certified Fraud Examiners (ACFE) annual report, in 2016 companies in the CIS on average lost USD 200,000 through fraudulent activities.

A Company can minimize losses and indemnify any losses in court if a fraud investigation is carried out in a timely and appropriate manner.

What we do

  • We collect primary data and develop an investigation plan.
  • We analyze accounting and management data for any anomalies or deviations, then we sample transactions for detailed review.
  • We request and check supporting documents pertaining to the selected transactions.
  • We perform supplementary procedures depending on the specifics of the case.
  • After collecting and analyzing the available information, we conduct interviews with respective employees.
  • We prepare a report in which we provide the evidence collected on fraudulent activity, as well as a list of potentially involved employees.

What you get

  • Corroborations/refutations of violation allegations.
  • The nature of the violations/the size of any potential damages are determined.
  • A list of employees that could have been involved in the violations.
  • Internal control system gaps are identified and recommendations made on how to eliminate them.

Additionally

  • We do a stocktake of inventory and/or fixed assets.
  • We benchmark the company’s transactions to the market: purchase and sale prices, average discounts, bonuses, etc. 
  • We analyze the electronic correspondence of key individuals.
  • We examine employee expense reports to confirm expenses/transactions involving gifts.
  • We search for information on the suspected offenders in open sources (lifestyle, key assets, conflicts of interest).
  • We also monitor electronic systems reports/CCTV systems.
  • In the event that misconduct is confirmed, we help estimate the losses.

Connect with us

  • Find office locations kpmg.findOfficeLocations
  • kpmg.emailUs
  • Social media @ KPMG kpmg.socialMedia
 

Want to do business with KPMG?

 

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