How Aristotle Tax Consultancy Does Forensic Audits?
Aristotle Tax Consultancy conducts forensic audits in a rigorous and tailored manner. First, we detect the fraud and collect evidence against the perpetrator in order to assess the affected business elements and financial losses caused by the crime.
01
Recognizing the evidence
Our forensic audit services will uncover both the cause and the perpetrator of the fraud. Our creative and rigorous forensic audit methodologies will provide the necessary proof to begin legal actions against the perpetrator.
02
Detecting faults and conflicts
Our forensic audit services will reveal long-standing malpractices and fraud in your firm. Following identification, we will recommend corrective and damage-control actions.
03
Taking security measures
Our forensic audit services in UAE ensure to highlight the pain points, minimize the challenges, enhance security measures, and prepare assessments to tackle fraudulent activities.
04
Improving your credibility
There is little risk of fraud occurring if we inspect your business processes regularly. These safeguards will reassure investors that your company is dependable, secure, and worth investing in.
Knowing The Frauds For Conducting Forensic Audit
Aristotle Tax Consultancy conducts forensic audits in a rigorous and tailored manner. First, we detect the fraud and collect evidence against the perpetrator in order to assess the affected business elements and financial losses caused by the crime.
Cash Theft
Cash theft is one of the most prevalent types of fraud. Culprits typically misappropriate tiny sums frequently to avoid drawing everyone's attention. However, because few individuals have access to cash, it is simple for investigative organizations to identify the fraud and perpetrators.
Bribery
This type of fraud happens when a person utilizes its influence over a situation to benefit certain persons or entities in exchange for monetary gain. As a result, during a forensic audit, we may need to regard the 'unfortunate decision-making' as deliberate and evaluate the bodies affected by it.
Extortion
A situation may arise in which a firm employee seeks monetary compensation from a third party to win the lawsuit.
Inventory Fraud
We have discovered instances of inventory fraud when a client has large stocks. When there is no relevant data, it is difficult to detect fraud. We conduct interviews, utilize professional judgment, and employ forensic auditing technologies.
Corruption
Our auditors have dealt with several corruption schemes, three of which are highlighted here. They can occur regardless of company size, thus a corporation must routinely audit its business procedures to avoid fraud.
Assets Misuse
Employees who misappropriate business funds for personal gain are likewise committing fraud. A corporation can solve this issue by improving personnel and asset governance.
Why Aristotle Tax Consultancy For Forensic Audit Services In UAE?
Advanced techniques & technology
Our staff employs some of the most advanced technology and processes, allowing them to analyze every aspect and produce the most precise findings. Our investigators have never overlooked any fraud, misbehavior, or control flaw!
Specialized staff
We have a highly skilled team of auditors, accountants, fraud detectives, forensic examiners, CPAs, and other professionals with considerable expertise and knowledge, which results in a superior conclusion.
Consistent assistance & support
We are always here to help, offering our loyal customers unending support and forensic knowledge. Our staff will give continuing help, advice, and direction to ensure that your business functions effectively and without concern in the foreseeable future.
Quality monitoring
Our forensic audit team will assist you in keeping a tight eye on your staff, monitoring their actions, and keeping a careful eye on your company's operations. This will allow you to assess hazards to your company's success and act quickly.
Committed to privacy
It might be intimidating to provide your company's secret and private financial information to a specialist. This is why we employ private servers and adhere to the industry's finest data security policies. The client's privacy is treated with the highest care.
Flexible pricing
Aristotle Tax Consultancy always provides flexibility with the pricing models while offering quality solutions through forensic audits. You just need to share your problems and requirements then our experts will give the best quotation.
Our Procedure Of Forensic Audit Services
Information gathering & analysis
We write a thorough analysis report to provide a solid foundation for additional studies based on our findings. This exercise also aids in the refinement of the initial idea and the investigation of fraudulent conduct.
Debriefing the facts
SWhen you contact us about a forensic audit, our first responsibility is to examine the scenario and identify any anomalous events (based on the data and first discussion). We mark the fraud indications to assist us in progress.
Preparing investigation plan
Following a preliminary evaluation, we outline the forensic investigation's goals. Then we devise a plan for conducting the study. It includes recognizing frauds, analyzing evidence, highlighting crucial facts, and preparing assessments.
Conducting background investigations
We concentrate on certain sections of your organization based on the facts and suspicions of the case. We undertake due diligence and background investigations on individuals, paying close attention to indicators that signal anomalous or fraudulent behavior.
Preparing & submitting audit reports
We deliver the report to the customer that serves the aim of the forensic audit. We give a summary of evidence detailing the financial effect and losses sustained as a result of the fraud.
Keep your business away from fraud by deploying our Forensic Audit services in UAE with dedicated outcomes.
Talk to our expertsFAQs
The answer totally depends on the type of business or company you want to establish. Have a look:
However, if the client signs a PoA (Power of Attorney), sovereign can be authorized to handle all parts of incorporation and signing on their behalf.
Your business will leverage several advantages for company registration and incorporation in the UAE such as a diverse economy, well-established infrastructure. Safe & secure enterprise-friendly environment, 100% ownership, and a lot more. Moreover, the country also provides flexible tax regulations for starting a business in certain regions.
Investors from other countries can establish businesses in the Dubai Mainland Area, which is distinct from the Free Zones. Free Zones are areas where doing business permits a foreign national to hold 100% of the company and claim full profit with provisions for capital spent.
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