Fraud cost companies thousands of dollars even billions every year. Every organisation is susceptible to losses resulting from fraudulent behavior by workers and other people associated with organizations. Suspicion of fraud can also add disastrous news to any business entity. Remember, the cost of fraud within a company could result in- the losses of company assets that have been stolen by employees or other individuals.

The attention of management and employees is diverted and the bottom line of the company once fraud has been established.

A company that believes that fraud has taken place within the organisation must take action immediately to make sure that the particular incident has not spread and it is also isolated. Hire a company that has a complete department devoted to fraud investigation and examination. Make sure that their professionals not only hold the key licence like CPA and certified fraud examiner but also hold many other licences which provide them credibility and knowledge on how to perform and assist clients with Fraud examination.

Make sure that the entire team of the company is involved in assisting the CFE in South Africa with every single detail. Hire a company that works as part of a team and if the need arises, they are able to provide you expert testimony and explain what they have found. Go for a company that can provide you with expertise in fraud examination to resolve any uncertainties. The fraud examination services include litigation supports, forensic accounting, asset tracing and expert witness.

Certified Fraud Examiner

Being a certified fraud examiner signifies proven expertise in fraud prevention, detection as well as deterrence. A professional CFE is trained to identify the makers that indicates evidence of fraud and fraud risks. These professionals have a unique set of skills that is not found in any other profession. They have the ability to find out complex financial data and records and can impartially interview suspects to get information and confessions while identifying factors motivating people to commit fraud. Certified fraud examiners write unbiased investigation reports and provide factual advise to clients as pertains to their findings. These professionals add an understanding of the law aa it pertains to fraud and to the investigation of fraud.

A CFE can contribute towards the identification of sources, the recovery of losses and many other objectives. Hire a company that provide fraud examination and related services such as corporate internal investigations, financial statement frauds, corruption schemes and asset misappropriation.

  • Investigative accounting to seek a company’s asset recovery
  • Litigation consulting services
  • Asset and transaction tracing
  • Fraud policy reviews
  • Data analysis

Fraud risk assessment and management and accounting services like various forensic accounting services.