Fraud and Forensic Services
The following statistics regarding fraud and white-collar crime are from the 2006 “Report to the Nation” prepared by the Association of Certified Fraud Examiners.
- Small businesses are the most vulnerable to occupational fraud and abuse. The average scheme in a small business causes $190,000 in losses.
- The most common method for detecting occupational fraud is through tips from employees, customers, vendors, and anonymous sources. The second most common method of discovery is by accident.
- The typical occupational fraud perpetrator is a first-time offender.
- All occupational frauds fall into one of three categories: asset misappropriations, corruption, or fraudulent statements.
- Over 91% of occupational frauds involve asset misappropriations. Cash is targeted 88% of the time.
The Fraud and Forensic Division of Dalby, Wendland & Co., P.C. specializes in a variety of fraud and forensic services.
Fraud Prevention
- Internal Control Evaluation
- Management Practices Review
- Organizational Structure Analysis
- Personnel Policies and Procedures Review
- Computer Controls and Risk Analysis
- Fraud Awareness Training
Fraud Detection
- Business Disputes
- Asset Verification
- Discovery of Hidden Assets
- Financial Statement Fraud
Fraud Investigation
Forensic Accounting
- Record Reconstruction
- Financial Statement Analysis, Ratio Analysis, and Industry Statistics
The Fraud and Forensic specialists at Dalby, Wendland & Co., P.C. can provide discreet and confidential services designed for each circumstance.
