The worldwide scourge of fraud, day by day, is becoming a phenomenon of multiple changes and permanent mutation, optimizing its ability to adapt to all kinds of control systems that stand in its way. One of the peculiarities that it possesses is its link and progress associated with the devastating advance in computing and technology of the 21st century.
As a consequence, fraud becomes versatile, prevailing in any nation or continent, regardless of language, race, culture, or religion, that is, without any kind of impediments that violate its existence or impede its devastating advance.
Fraud, however, is not a static phenomenon.
The economy is constantly evolving and new forms of fraud are constantly emerging. Furthermore, fraudsters adapt their behavior according to existing control systems, so that if these remain unchanged, the effectiveness of controls is greatly reduced.
Therefore, it is necessary to acquire sufficient training, skills, and abilities to detect in a timely manner all kinds of fraudulent conduct. Faced with this situation, various countries are developing new fraud prevention and detection techniques, including Forensic Accounting and Auditing, the scope of which is carried out in the field of Public and Private Finance, considerably expanding their work spectrum in fraud investigation.
Any company that suspects or has cause for concern over a business transaction with a supplier, partner, or employee, may consider the use of Studler Doyle’s forensic accounting service, depending on the scale of the potential loss.
Studler Doyle is a global investigation and forensic accounting firm from Aurora, Illinois. The company provides high-quality services and consistent product concepts to its clients. Studler Doyle has a broad background and experience and she has become a leader in providing crime and fidelity investigation.
What is Forensic Audit?
Forensic Auditing is a technique that aims to participate in fraud investigation, in conscious and voluntary acts in which legal regulations are circumvented.
It is developed through criminal investigation techniques, integrated with accounting, legal-procedural knowledge, and skills in financial areas, to provide information and opinions in court.
It should be noted that Forensic Auditing is a highly useful and collaborative technique for the investigation of law enforcement bodies, police, prosecutorial, and judicial investigation departments, allowing for possible illicit acts or crimes to be clarified.
The field of action of Forensic Auditing is carried out within an environment made up of a multidisciplinary team of professionals, involving accountants, lawyers, computer engineers, and expert personnel in investigations of different security forces or organizations, among other specialized areas, and depending on the type of research, the work techniques to be used will be determined.
It is in this instance where the need to integrate knowledge and experience is manifested to be applied to a common goal.
What is Preventive Forensic Audit?
The Preventive Forensic Audit is aimed at providing evaluations or advice to different organizations with public and private characteristics regarding their ability to deter, prevent, detect, and proceed against different fraud actions.
The following preventive actions can be developed with the help of Dee Studler and her team of experts:
1. Anti-fraud programs and controls,
2. Early warning schemes for irregularities,
3. Complaint management systems.
This approach is proactive, as it involves implementing and taking actions and decisions in the present to avoid fraud in the future.
Studler Doyle’s performance is not subject to a learning curve in handling crime & fidelity claims. The company has extensive background & experience and is a leading provider of crime investigation, fidelity investigation, and accounting education to its clients.