Forensic Audits Services in Kuala Lumpur, Penang

A forensic audit is undertaken in order to determine, for legal purposes, whether a fraud has occurred or not. Forensic audits involve examining the accounts of an organisation by using several techniques, such as propriety, regularity, and financial-investigative audits. Each of these techniques might involve a separate kind of audit, but the objective is the exhaustive determination of the presence of fraud for the purposes of legal action.

When Do You Need A Forensic Audit?
Forensic audits are usually undertaken when financial records need to be presented to a court of law as evidence.

• It can be necessary when a party is being accused of fraud, embezzlement or in the case of investigation of any financial irregularities in the accounts of a company.
• Most financial claims that go to court necessitate a forensic audit.
• Divorce settlements or cases of child support and custody also often require forensic audit of accounts as evidence.

Since the purpose of a forensic audit is clearly different than that of an internal financial audit, there are many additional steps and regulations that govern a forensic audit.

• Forensic auditing is often a specialisation within the domain of accounting and one that requires additional training.
• Forensic auditors can be asked to provide testimony in court.
• Cases that require forensic auditing services usually involve embezzlement, financial fraud, or other financial irregularities but cases about divorces, bankruptcies, and payment of child support might also call for a forensic audit.

Any instance where the court has to deal with financial documents requires a forensic audit. The audit is intended to identify the presence of fraud, the duration for which the law has been transgressed, the guilty parties and quantify the financial loss.

Why Choose OneAccounting For Your Forensic Auditing Needs?
OneAccounting is the number one provider of auditing and financial accounting services and serves a diverse group of clients with differing needs and motives:

• We cater to clients ranging from government bodies, private organisations, non-profit entities, small-medium enterprises (SMEs) to start-ups.
• We have provided reliable and robust auditing services to governmental organisations, law enforcement, and private entities.

OneAccounting  has been associated with government entities and law enforcement for a long time and we particularly value those precious relations that we have established by providing reliable and accurate financial services to public institutions for the greater good. We will continue the tradition of delivering superior services than the competition.