Forensic Accounting & Fraud Detection is the use of expertise in the field of auditing and accounting combined with investigative abilities to solve a financial problem/dispute or suspected fraud which will ultimately be decided by a court. Forensic Accounting Services in India is divided into two parts: investigative services and litigation services. Investigative Services directs fraud examiners…
Ensure Transparency in Your Company With Forensic Accounting Services
In the past few years, we all have witnessed the growing no. of financial frauds that many individuals and companies commit to getting greater profits. However, it is also seen that some of these companies were unaware of the fact that fraudulent activity is taking place inside it. No matter what the reality is, the…
Why Inventory Control Is Helpful For Business Continuity?
Inventory management is a complex task and optimizing inventory stock can feel like an endless battle. But it turns out that managing inventory has historically been considered a major investment in a business. Why is that? If you don’t manage inventory properly it will destroy the business because it is possible not to have enough…
Advantages of Partnering with Business Setup Advisory In Delhi when Starting a Business.
For those who are just starting a business for the first time, it must be a new and unique experience that is full of challenges and stress. One little mistake can result in bankruptcy even before growing. Careful calculations are needed so that each expenditure can be effective. Below, we will list some of the…
Active Role of Business Consulting Services in Generating Business Value
Nowadays, both local, national, and international businesses always need advice and opinions from external parties. Who is that party? They are the Top Business Consulting Firms in India. With their service, a business owner will create a new perspective towards a better direction for the company. These new perspectives help in formulating strategies for a…
Why Should A Company Carry Out Fixed Asset Valuation?
The global goal of the accounting policy of any enterprise, regardless of the form of ownership and structural subordination, is to provide an opportunity for the management of the enterprise and its owners to objectively assess the assets and liabilities of the enterprise. Fixed assets occupy a prominent (usually the most important) place in the…
Why Should You Go for Forensic Accounting Even After Conducting an Audit of Your Business?
Imagine you work in the accounting department in a bank and are happy about the good results. But since your company regularly makes much better profits than comparable banks, you become skeptical. But despite intensive research of the books available to you, you cannot find any irregularities. Even the auditor cannot discover anything illegal in…
The Need for Forensic Accounting and How a Forensic Accountant Is Different?
The main procedure in forensic accounting emphasizes in-depth interview techniques and data analysis, although it often uses general audit techniques such as checking reconciliation, confirmation, and so on. Forensic Accounting & Fraud Detection focuses on certain segments, such as income and expenses suspected of fraud or corruption, either from an insider or third-party reports (tip-off) or indications…
What Problems Can Be Solved With The Retail Audit?
The retail audit is a comprehensive analysis of key performance indicators of enterprise processes, all processes included in the supply chain from the manufacturer to the shelf in the store. The retail audit is carried out to identify strengths and weaknesses, determine the degree of manageability, and identifying errors and opportunities for improving business processes…
The Role of Forensic Accounting in Combating Fraudulent Practices
In the private sector, forensic auditing can be useful for most cases of financial crimes such as embezzlement, misrepresentation of financial facts, arson for profit, bank fraud, commercial bribery and bribery, computer fraud, and so on. Forensic Accounting & Fraud Detection, as the use of expertise in auditing and accounting combined with investigative abilities to…