When an attorney or client calls upon The Ostermueller Group’s fraud investigation/forensic accounting services they are, in effect, asking us to apply the basic elements of our firm’s core competencies to assist them. They are also relying on our expert witness testifying experience and our skills in clearly & concisely communicating findings of more complex levels of financial & operations’ systems analysis, to be available if needed.
Most often, each fraud investigation/forensic accounting assignment requires communicating with client ownership, with potentially affected operating employees and the with the company’s external professionals, in a proactive fact-finding review and analysis effort. By maintaining this proactive approach through to the assignment’s conclusion, we are able to help illuminate facts & patterns and causative relationships and to hopefully use the knowledge/experience gained to help all involved to recognize & implement needed changes and to take appropriate actions to minimize the likelihood of reoccurrence.
Very often, when we are called-in to provide our fraud/forensic–related services, it is an inadvertent discovery or simply an intuitive suspicion or concern by management or by affected employees or non-owning parties, that fraudulent activity is taking place. In some cases it is an employee’s or other whistle blower’s report that first alerts management.
Initially, we conduct a confidential initial review with management and any others, including internal or external professionals already involved, to help define the focus, scope and strategic objectives/activities indicated. These will usually be forensic accounting techniques related to accounting records, or computer forensics/ data mining related to applicable computer systems and digital storage media, or both.
For more information about our Forensic Accounting/Fraud Investigation services, contact us at 314-965-5921 or firstname.lastname@example.org.