Core Forensic Accounting & Investigation
When something has gone wrong, whether it is an unexplained loss, a whistleblower allegation or a transaction that does not make sense, the first need is facts. We establish what happened, how it happened, who was involved and what it cost, and we present it in a form that holds up before boards, regulators and courts.
What we do
Fraud Detection and Investigation
Employee fraud, vendor fraud, management misconduct using advanced forensic techniques
We investigate asset misappropriation (cash, inventory, payroll and expense fraud), procurement and vendor schemes (fictitious suppliers, inflated invoices, kickbacks and bid rigging) and management-level misconduct such as revenue manipulation or diversion of funds to related parties. Our work combines document examination, full-population transaction analysis, digital evidence and structured interviews.
Forensic Audits
Deep-dive audits to uncover financial misstatements or manipulations
A forensic audit examines a defined period, entity or set of transactions to determine whether funds were diverted, transactions were fictitious or financial statements were manipulated. These are commonly commissioned by boards and audit committees, by lenders reviewing stressed or red-flagged accounts, and by resolution professionals examining transactions under the Insolvency and Bankruptcy Code, 2016.
Litigation Support & Expert Witness
Expert analysis and testimony for court proceedings
We quantify losses and damages, analyse accounts in commercial and shareholder disputes, and prepare expert reports for courts, arbitral tribunals and the NCLT. Where electronic records are relied on, we maintain the documentation needed to support certification under Section 63 of the Bharatiya Sakshya Adhiniyam, 2023.
Asset Tracing and Recovery
Global asset tracking and recovery services
We follow the money across bank accounts, group entities and jurisdictions, drawing on financial records and lawful public sources such as company filings, property records and litigation databases. The output supports recovery actions, attachment and freezing applications, and settlement negotiations.
When to engage us
- A whistleblower complaint or anonymous tip needs to be examined independently
- Unexplained shortfalls in cash, inventory or receivables
- Your statutory auditor has raised a concern about possible fraud
- A lender or regulator has asked for a forensic audit
- Disputes between shareholders, partners or joint-venture parties
- Preferential, undervalued, extortionate or fraudulent transactions under review in insolvency (Sections 43, 45, 50 and 66 of the IBC)
Our approach
Scope and independence
We agree the questions to be answered, the period and entities in scope, and confirm there is no conflict of interest before work begins.
Preserve the evidence
Documents and data are collected with a recorded chain of custody, and digital data is secured with hash values so its integrity can be shown later.
Analyse and corroborate
Transactions are tested in full, not sampled, and findings are corroborated through documents, third-party records and interviews.
Report facts
Our report sets out factual findings and the evidence behind each one. Conclusions on guilt or liability are left to the appropriate authority, as required by professional standards.
What you receive
- Investigation or forensic audit report with an evidence trail for each finding
- Quantified loss or damages schedule
- Fund-flow charts showing how money moved between parties
- Control weaknesses identified and practical recommendations
- Expert report and support through hearings, where required
Frequently asked questions
How is a forensic audit different from a statutory audit?
A statutory audit gives reasonable assurance that the financial statements as a whole are true and fair, and it works largely on samples. A forensic audit is aimed at specific questions, such as whether funds were diverted or a transaction was genuine, and examines the relevant transactions in full to establish facts that can be relied on in proceedings.
Which professional standards do you follow?
Our engagements follow the Forensic Accounting and Investigation Standards (FAIS) issued by the Institute of Chartered Accountants of India, which are mandatory for engagements beginning on or after 1 July 2023, together with the ACFE's Code of Professional Ethics.
Will the investigation stay confidential?
Yes. We work under a confidentiality agreement, share information strictly on a need-to-know basis, and can work through your legal counsel where that is appropriate.
How long does an investigation take?
It depends on the scope and the availability of records. After an initial assessment we agree a timeline and milestones in the engagement letter, and we report interim findings when early action is needed.
Related insights
What Is a Forensic Audit, and When Does Your Organisation Need One?
How a forensic audit differs from a statutory audit, the situations that call for one, and what to expect from the engagement.
Twelve Red Flags of Vendor Fraud in Accounts Payable
Fictitious suppliers, inflated invoices and kickbacks leave traces in the vendor master and payment data. Here is what to look for.
Connect
Ready to discuss your forensic accounting needs? Reach out to our team of experts for professional consultation and assistance.