Forensic Accounting / Investigations

Forensic and investigative accounting help beat fraud and theft; they are persistent and pervasive issues in America's corporate landscape. These far-reaching and increasingly complex activities can be multi-million dollar problems. Corporate crime poses a real and substantial threat to the stability of any business.

What Can You Do?

Taking the proper measures to prevent fraud or to react quickly to employee dishonesty is critical. Fraud does not discern between geography, size of company, industry or business scope. No organization is immune. Fraud examiners assist clients in developing and executing strategies for investigation and provide solutions to mitigate the future risk of fraud.

Our professionals combine the experience and expertise of CPAs and Certified Fraud Examiners. We assist clients and their counsel during all types and phases of investigation. RMA professionals offer a variety of forensic accounting expertise including internal fraud investigation and expert witness testimony.

Contact our offices at 801.428.1600

While statistics regarding fraud and white-collar crime fluctuate from year-to-year, the impact to businesses is consistent:

  • U.S. organizations lose an estimated
    5% of annual revenues to fraud.
  • Approximately one-fourth of frauds cause
    at least $1 million in losses.
  • The median loss suffered by organizations with fewer than 100 employees is over $150,000. The most common activities
    involve check tampering, skimming revenues, and processing fraudulent invoices.
  • Most small business frauds are
    detected by tips.
  • Only 7% of perpetrators had
    convictions prior to committing their frauds.

Source: 2010 Association of Certified Fraud Examiners’ Report to the Nations on Occupational Fraud & Abuse

RMA provides confidential, professional resources to investigate fraud and/or advise on ways to manage, mitigate and minimize risk. Through in-depth forensic accounting diagnosis and investigative expertise, we help our clients to identify and quantify lost funds, stop further losses and assist with recovery actions.

Forensic and Investigative Accounting services include:

Fraud detection and prevention

Expert testimony and
litigation support

Cash and other asset tracing

Due diligence

Internal controls and prevention

Stop losses and recovery

Mergers and acquisitions

Business interruption

Shareholder disputes

Divorce

Challenges & Solutions

Do you know what steps to take?

Fraud, impropriety and employee dishonesty occur within most businesses. If suspected within your company, do you know what steps to take?

Are you prepared?

You receive an anonymous "whistle blower" tip from within your company regarding accounting issues. Are you prepared to appropriately and thoroughly investigate the matter? Do you have the background to manage through the business ramifications?

Do you know how to proceed?

You're given a demand or inquiry from the SEC or U.S. Department of Labor regarding a suspected irregularity in your financial statements. Do you know how to proceed?

Involved in a legal dispute requiring specialized testimony?

Businesses pursuing or defending legal matters in court often require and benefit from forensic accounting expert investigation and testimony.