Fraud & Forensic Services
Are Your Financials “Leaking”?
What is the Concept of Forensic Accounting?
Unfortunately for many companies, finding “leaks” in their financials is not easy. Forensic accountants possess specialized expertise in auditing and examining financial records to unveil instances of fraud and embezzlement. Their role extends beyond mere numerical analysis as they delve into the contextual factors surrounding a business. Tracing funds, conducting due diligence reviews, and identifying assets are integral components of this process, aimed at establishing accurate damages for reporting purposes and facilitating the submission of insurance claims. Our team of Certified Public Accountants and Certified Fraud Examiners are trained to assist with these matters.
How Fraud and Forensic Accounting Services Can Benefit Your Business
If you suspect fraudulent activities within your organization, it is imperative to engage the services of a Certified Fraud Examiner. Acquiring precise details is essential whether you intend to file an insurance claim or pursue legal action. Even if legal recourse is not on the agenda, understanding the duration and extent of the fraud’s impact on your business is crucial. By enlisting the expertise of a Certified Fraud Examiner (CFE) in collaboration with your Certified Public Accountant (CPA), you can effectively uncover the root causes behind the suspected fraud.
Our team is lead by the Firm’s Audit Partners – Ricky Longoria, Ben Pena and Lizandro Garcia.
When will I need Fraud or Forensic Accounting Services?
Our clients’ audit projects and forensic investigations have typically originated through a whistleblower complaint, internal audit, or regulatory action. These investigations are frequently initiated under the guidance of external legal counsel or the organization’s in-house legal team. At times like these, when impartial and industry-specific support is required to address matters related to investigations, compliance programs, internal controls, or technical accounting issues, the team at BML emerges as a trusted partner.
We invite you to leverage our specialized knowledge and experience in forensic accounting to address your specific needs. Together, we can uphold the principles of transparency, integrity, and adherence to regulatory standards. For further support and to learn more about our services, please schedule a personal conversation with our team at contact@bmltexas.com.