Forensic Accounting

Companies of all sizes are subject to falling victim of fraud.  Despite the level of controls instituted by a company, determined fraudsters may find a way to circumvent your controls causing measurable harm to a company’s bottom line.  Acuitas, Inc. is uniquely qualified to assist you to investigate known or suspected allegations of fraud and reach conclusions regarding the specific challenges you are facing.  The types of fraud we encounter on a regular basis include (1) management fraud (i.e. “cooking the books”), (2) occupational fraud and (3) corruption such as kickbacks and side deals.  We are most often retained by an attorney hired to help a company steer its way through the allegations relevant to a variety of circumstances.  Specific forensic accounting engagements we conduct on a regular basis include:

  • Assisting counsel and its client to address whistleblower activity regarding compliance with Generally Accepted Accounting Principles that may impact the accuracy of historical financial statements of a company. If necessary, Acuitas can assist the company to restate financial statements if needed.
  • Assisting counsel to conduct parallel investigations to understand issues raised by governmental investigations conducted by the Securities and Exchange Commission, the Department of Justice, or other regulatory bodies.
  • Assisting to explore allegations of occupational fraud. We may be retained directly by in house legal counsel or outside counsel to determine if one or more employees has misused their position with their employer to personally benefit themselves financially.
  • Retained by counsel to investigate allegations off bribes, kickbacks and other forms of corruption that may be occurring at a company with the involvement of outside customer or suppliers.

Our past work as auditors and professionals that have helped organizations address weaknesses in controls, along with conducting hundreds of fraud investigations, makes the Acuitas professionals uniquely qualified to investigate the allegations and to help the client address control deficiencies.