Fraud/Forensics Accounting

If you owned a $100 million business, would you be upset to learn that $5 million was stolen annually from you? You bet. Unfortunately, the probability of this happening to your business is higher than you might think. The Association of Certified Fraud Examiners estimates in their 2006 Report to the Nation that the average organization loses five percent of its total annual revenue to fraud and abuse. This translates into approximately $652 billion annually for U.S. businesses. Small businesses are hit hardest. The good news is that employee theft – be it asset misappropriations, corruption, or fraudulent statements -- can be reduced and often prevented.

PKM professionals are trained to identify potential risks in our client organizations and to help install anti-fraud controls. We can help you to identify potential exposure and specific instances of fraud. Our investigative accounting support provides the evidence and documentation required to resolve fraud allegations and, coupled with our expert testimony, support any legal remedies you might pursue. Our experiences include completing an employee whistle-blower investigation on a nearly $1 billion organization, directing the investigation of potential fraud that involved loan bait and switch scheme, as well as uncovering internal embezzlement schemes.