Forensic & Integrity Services
Forensic Accounting Case Study
February 6, 2020
Geffen Mesher’s Forensic & Integrity Services Group specializes in assisting clients with fraud prevention, detection, and deterrence.
We provide forensic services for clients across a variety of industries, regardless of size, revenue, and management structure. In our view, if oversight is lacking and controls are a concern, then fraud is possible.
A recent report on occupational fraud by the Association of Certified Fraud Examiners (“ACFE”) reveals:
Learn more about the ACFE and read the entire Report to the Nations at www.acfe.com or give us a call for a complimentary copy.
We frequently begin with a fraud prevention consultation. During this initial consultation, we perform a fraud risk assessment which may include:
Once the initial fraud consultation is complete, we will work with you, as necessary, to develop a comprehensive customized program to address any fraud risks identified during the initial assessment, including:
The initial fraud prevention consultation is intended to provide you with a report card on your controls and IT systems, while follow-up services are designed to support management in responding to risks identified, and deterring future occurrences.
Top 10 Recommendations – Check out this link for actionable recommendations for business owners who would like to increase their fraud awareness and protection.
A good forensic accounting team possesses the desire to dig, delve, ask questions and consider all possible scenarios.
Dave Porter, CPA, CFE, PI, Shareholder
Services: Geffen Mesher’s forensic team worked with the client, state law enforcement and prosecutors to provide forensic analysis of the company’s accounting and provided grand jury testimony
Outcome: The matter resulted in multiple felony indictments, plea bargain, prison sentence, insurance claim settlement and stronger internal controls
Services: The Geffen Mesher Forensic Accounting Group provided forensic analysis of the company’s accounting records while working with the client, a federal law enforcement agency and legal counsel.
Outcome: The matter resulted in multiple felony indictments, plea bargain, prison sentence, insurance settlement and stronger internal controls
Services: Our firm’s forensic group provided forensic analysis of the company’s accounting while working with the client to seek restitution from its Controller.
Selected by the buyer’s counsel and the seller’s counsel in the resolution of disputes arising from an Asset Purchase Agreement regarding the calculation of working capital and various questions of accounting principle.
Geffen Mesher functioned as the independent arbitrator in this matter.
Engaged by the successor trustee to investigate the performance of the original trustee’s (who was also a beneficiary) fiduciary responsibilities.
Geffen Mesher served as experts to the court, and not the plaintiff or defendant.