Forensics and Fraud Examination
As an extension of our accounting practice, we are proponents of the Association of Certified Fraud Examiners advanced methods and techniques to track down financial crimes.
Our forensic accounting encompasses the analysis and interpretation of complex financial and business matters. We compile financial evidence and communicate findings in the form of reports or presentations to support trial evidence. Our investigations entail the use of tracing funds, asset identification, asset recovery and due diligence reviews.
BLC Global traces the lifecycle of financial transactions through our clients financial and accounting Information Systems. We know how to ‘follow the money’. We are independent and objective.
We are Experts at Accounting Process Analysis
Example – Level 1 Cross Functional Diagram
Our fraud examinations combine knowledge of complex financial transactions with an understanding of accounting methods, law, and how to resolve allegations of fraud. We may testify in court cases as expert witnesses to express opinions based on our areas of fraud expertise.
Occupational frauds are those in which an employee, manager, officer, or owner of an organization commits fraud to the detriment of that organization. The three major types of occupational fraud are: Corruption, Asset Misappropriation, and Fraudulent Statements. The complete classification of occupational fraud, frequently referred to as the Fraud Tree, is shown below (infogram courtesy of the Association of Certified Fraud Examiners):