Fraud can cause financial ruin for any company, destroying even the strongest business. To help prevent altogether, Proctor& Associates team of experts can work with a business to establish key prevention protocols. Some of these include:

 

• Global and Facilitated Fraud Risk Assessments
• Anti-Fraud program assessment and/ or implementation.
• Due diligence on all suppliers, contractors and new employees, including Internet searches.
• Contract reviews for fraud, waste and abuse
• Internal controls consulting, cost saving and process Improvements
• Fraud and ethics training for management, staff and/ or company auditors and investigators

 

 

However, if fraud is suspected, we are available to

conduct a thorough fraud investigation by:

 

• Analyzing all relevant documents, emails and computer records; this can include cash register tapes, credit cards receipts, deposit tickets, inventory records and financial transactions.
• Analyzing the company’s internal controls and accounting systems
• Separating legitimate and fraudulent charges
• Tracing the flow of funds interviewing witnesses and potential co-conspirators.

Once Proctor Forensic Audit & Fraud Investigations has helped determine the origin of the fraud, we can then work with the impacted business to correct the breach and establish a new system of internal controls. We are also available to periodically review the business records, controls and processes to aid in fraud prevention efforts.

 

• Fraud and employee misconduct investigations
• Anti-fraud consulting (includes detection and preventive measures)
• Fraud risk assessments (global and facilitated)
• Implementation of fraud brainstorming process for audit, compliance or investigation departments.
• Continuous monitoring implementation or process strengthening
• Contract assessment for fraud, waste and abuse.
• Proactive risk identification services
• New hires- Internet profiles and back ground summary
• Vendor/ Contractor Due Diligence.
• Cost saving/ process improvement audits
• Corporate wide anti-fraud program implementation
• Contract Recovery Audits
• Fraud, Ethics, controls training to new supervisors
• Fraud, Ethics, compliance training for new employees
• Investigation assessment (reviewing previous investigations)
• Policy/procedure development
• Tracing illicit funds
• Employee Background Checks
• Employee Life Style Audit
• Due Diligence Advisory
• Risk Management
• Policy/procedure development
• E.R.M implementations
• Salary payroll audit-ghost employees