Preventing and Investigating Business Fraud
Fraud costs the typical organization up to five percent of revenues each year, according to the Association of Certified Fraud Examiners. Want to protect your company? RKL’s team of experienced and respected fraud and forensic accountants can help. We understand the complexities and difficulties that surround the issue of fraud. Whether you suspect fraud in your company or you need expert help creating controls and systems to prevent it, we have a wide range of solutions to help you achieve better outcomes.
Fraud Investigations and Forensic Accounting
Getting answers is critical if you believe your business has fallen victim to fraud, or you’re facing another type of legal dispute. RKL’s forensic accountants have a proven track record in navigating the complex maze of financial evidence and providing credible, thorough and accurate analysis and findings to help you move forward.
The RKL fraud and forensic team brings a unique mix of extensive accounting experience and Certified Fraud Examiner (CFE) credentials to the task of investigating evidence, calculating damages and interpreting findings. Whether your case goes to court, mediation or another type of dispute resolution, our team will communicate their findings clearly and concisely and, depending on the situation, will assist with restitution negotiation.
Fraud Prevention
While the reality is that fraud can occur in nearly any company, you don’t have to wait around for it to strike you. Being proactive is a winning strategy. Time and again, studies show that companies that establish better controls and procedures significantly reduce incidences of fraud and their duration.
Unlike traditional CPA firms, RKL’s capabilities go beyond fraud examination and litigation support. Our team includes professionals with firsthand experience working in corporate fraud prevention. They understand the challenges that financial and loss prevention professionals face in defending their companies against fraud, and use that knowledge to develop strategies that work for your company.
Financial Records Reconstruction
Many circumstances could leave your financial records in disarray including loss of a bookkeeper, lack of attention to financial records or fraudulent activity. It can be a complex and sizable undertaking to recreate those records and clean up your books, but RKL’s fraud and forensic accountants are here to help. We tap into decades of experience reconstructing financial records and use historic financial transactions from various sources to rebuild accurate financial statements within your company’s ERP system. You can rest assured that our financial reconstruction team will help you address immediate needs and also position you to make better-informed business decisions based on the created records.
