How can you investigate fraud and corruption?
Each case of fraud and corruption investigation is different, depending on the nature of the problem. Whether it is a finance director who finds bogus sales invoices or a chief executive who is worried by inconsistent statements, it is necessary to provide clarity and evidence through first-class investigation services. Therefore information has to be gathered and reviewed, interviews conducted and theories developed – all designed to prove or disprove the allegations.
Our detection and investigations specialists work with our experts in forensic technology solutions, combining extensive practical experience, formal training and a wide range of tools and techniques to detect and investigate fraud.
The challenges you face
- Your organisation has suffered asset misappropriation in any form, including theft of cash or other assets, procurement fraud, expense or payroll fraud, loan or mortgage fraud, theft of trade secrets, or diversion of revenues.
- You need to respond to bribery and corruption claims (incl. Foreign Corrupt Practices Act breaches).
- There is a suspicion of accounting fraud or manipulation (at group, company or divisional level) and inappropriate or inadequate disclosure.
- There are concerns about the adequacy or effectiveness of anti-fraud programmes and controls over financial reporting.
- You suspect that there are breaches of ethics, conflicts of interest and other forms of management and employee impropriety within your organisation.
- You have to deal with regulators.
How PwC can support you
- We investigate the nature and extent of fraud or irregularity and any losses arising from it.
- We identify and quantify any accounting misstatements and advise on changes to accounting or disclosure that may be required.
- Using evidence from the investigation, as well as publicly available sources, we can evaluate the viability of third parties as targets for recovery actions.
- We help in providing the appropriate response to legal authorities.
- We assist with insurance claims and "proofs of loss".
- We produce factual and/or expert reports (also for use in legal proceedings) and other analyses in support of recovery actions.
- We identify potential recoveries from others less directly involved in the fraud. We assist in the design and implementation of other remedial steps, including improvements in processes and controls to mitigate the risk of recurrence.
Contacts
Of further interest
- Publication: Global and Swiss Economic Crime Surveys 2003–2009
- Publication: The Internal Control System: a rapidly changing management instrument
- Publication: Internal Audit 2012
Related services
Related challenges