Forensic Accounting
Due Diligence
Evidence Retrieval
Business Valuations
Money Laundering
Compliance Auditing
Litigation Support
Expert Witness
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Forensic Accounting
Accountants look at the numbers. Forensic accountants look behind the numbers®
Suddenly you notice that there are some obvious discrepancies within your books. The numbers do not match. You appear to be making a profit, yet the books do not reflect it. What can you do? The obvious solution would be to hire an accountant. But, think All an accountant can do is look over the numbers and find out if they do or do not balance. If he finds out there are some inconsistencies he can inform you of this and that is where it ends. Then it is up to you to discover the reason behind the loss, the manner in which the loss occurred, and the individuals who are to blame. When you hire a forensic accountant not only do you find out all of this information, but you receive a solution to the problem.
At Kessler International, our specially trained Forensic Accounting Division can examine your books, find the discrepancies, find the reasons for these discrepancies, and even appear as an expert witness if legal action must be taken. Without the help of a specially trained staff of Certified Forensic Accountants, CPAs, Private Investigators, and Researchers, it would be difficult to uncover the problem and even more difficult to prevent the same situation from reoccurring.
Some of the services:
Fraud Detection
Expert Witness Testimony
Discovery Assistance
Damage Computation
Claims Analysis
Determination of Compliance
A business can easily be destroyed due to internal fraud. One individual with access to the company finances can systematically destroy your business in ways which are often difficult to detect. This fraudulent activity can go undetected for years and when finally discovered it may be too late. Our Forensic Accounting Division can put into effect a preventive fraud detection plan to help avoid these problems prior to their occurrence.
If you believe that there may be fraud occurring within your company, or if you want to put into place protective measures to prevent the possible occurrence of fraud, call Kessler International today.
Selected Articles and Press Releases Related to Forensic Accounting:
Michael G. Kessler First Forensic Accountant
Survey finds royalty audits are rare, piracy rampant
Study revealed that forensic accountants needed as economy worsens
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1. An investment bank was considering providing finance to a plastic manufacturer overseas. The bank heard rumors of faulty operations and overestimated profits and thought accurate business intelligence could help them make a decision. The Kessler International team was called in to conduct a general investigation of the plastic manufacturer and determine if the information they provided to the investment bank was truthful. Our researchers and investigators scrutinized the company's revenues, their books, and projections to assure they were fair and accurate. They also assessed the potential risks involved in the deal and provided the investment bank with valuable information to help them make the right decision before it was too late
2. A Fortune 500 company suspected a new subsidiary was misappropriating funds because they were not operating profitably. The Kessler International team approached this investigation in stages and began by conducting a surveillance of the plant. Our investigators immediately observed employees stealing large amounts of raw materials. The next step was to conduct a forensic audit of the plant's business records. We discovered that 75 of the plant's employees were illegal aliens. Other inconsistencies included three employees who appeared on the payroll as "ghosts" but who were currently serving prison sentences. Our accountants also noticed thousands of dollars in checks that were cashed by check cashing services. After receiving this information, the Fortune 500 company took appropriate legal action and requested we conduct investigations into their other subsidiaries.
3. After years of marital bliss a couple
decides to divorce due to several irreconcilable differences. One
spouse was uncooperative and made the divorce process extremely
difficult. The forensic accountants at Kessler International were
called in to determine the value of the couples business,
specifically the wife’s share of the business. It had become
extremely difficult to obtain the proper documentation that would
determine her share because every possible legal maneuver to stall
the procedure was used. The Kessler team worked quickly and
efficiently and obtained a court order that allowed them to gather
evidence through an on-site visit. They obtained all the evidence
necessary and produced a report that would serve their client well
in court.
4. At the request of a consumer product manufacturer, the team at Kessler International was asked to determine if their products were being diverted to inappropriate markets. After a careful and thorough investigation, our researchers and investigators uncovered that only some of the goods left the United States; the shipping company used by the customer was assisting diversion. The manufacturer was informed and immediately stopped relations with the customer and sought legal action.
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