ABS Consulting is one of the few firms in the local and regional market that is in a position to provide a complete suite of services in fraud prevention, control, investigation and education.
Our FIDS professionals can help you address the challenges and risks of doing business in today’s environment. We investigate unusual financial activity, investigate alleged misconduct and review financial reports — all with the sensitivity and urgency clients require.
What We Do
Our Forensic Audit team is committed to assisting our clients identify both the perpetrators of fraud, and the areas that are at risk for future fraudulent activities. Through our unique approach, we can rapidly identify the “Smoking Gun,” thereby enhancing the potential of apprehending the persons responsible for the improper or illegal act.
The state of today’s Uganda economy creates a set of unique pressures and opportunities for individuals to defraud you or your clients. Whether it is Occupational Fraud or False Financial Reporting, we can help.
A. Investigation Series
At ABS Consulting we go beyond the simple forensic accounting and auditing where other firms stop, to the core of the fraud. We find the root cause of the fraud, the controls that broke down, and then we tell you how to fix it. We provide expert witness testimony as necessary to explain our findings. Whether you are facing whistle-blower allegations, government inquiries, breach of contract claims or other major litigation, you can turn to us for assistance.
C. Anti-fraud Program
Our anti-fraud program provides a sound framework which will allow our clients to have a clear understanding of how fraud risk is managed and what it can do to improve fraud risk management. Under this program we will be glad to provide fraud training, fraud risk assessment, and compliance related assessments.
B. Expert Witness Testimony and Litigation Support
Today’s legal team needs effective forensic accountants more than ever. In addition, the forensic accountant, acting as an “Expert Witness” must possess the verbal skills to simply and factually relate their findings to a jury made up of non-financial laypersons.
At ABS Consulting we know the ropes from requesting the right documents through to delivering effective and sound expert testimony. We have done it all. All of our forensic accountants have years of hands-on audit experience. Our knowledge comes from a range of experience dealing with matters of fraud, corruption, business intelligence and regulatory compliance.
At ABS Consulting, the litigation support services we provide include:
► Obtaining adequate financial records
► Validating cash records and finding hidden assets
► Determination of loss
► Reviewing seized records for authenticity and adequacy
► Preparing questions for interrogatories and depositions
► Re-performance of transactions and detailed tests of transactions
Our Forensic Investigations credentials
Our professionals are experienced in criminal investigations, disciplinary procedures, forensic accounting, financial regulation and fraud risk management. We assist clients in investigating allegations of prejudice and financial irregularities, for example corruption, fraud and theft.
Our team has worked with many clients on various investigations and fraud trainings. Please note that due to the sensitivity of some of the work carried out at our clients, we only provide project detailed information on request.
What this means to our clients and how it is of benefit
You can have reliance that any forensic assignment will be accomplished by qualified professionals to a very high standard. Also, that when liaising with our core team, you are speaking with people who understand law enforcement, investigation, prosecution and are accustomed to working in East Africa and have a detailed understanding of fraud investigation.
We support law firms and our clients, find the truth in financial reporting.
We not only find the financial misstatements in
► Corporate reports
► Personal financial statements
But we go further,
► We find the “Smoking Gun.”
► We find the perpetrator.
► We tell you how they did it and how they hid it.
► We will also show how the organization can prevent it in the future
We can make your company “Fraud Resistant!”
If you want the peace of mind to know your operations are free of financial crime, or if you suspect you have been a victim of fraudulent dealings, if you want to know the depth of any loss, to know why your you are working more and enjoying it less, call on the ABS Consulting Forensic Team for an in-depth financial investigation. We can provide as much or as little support as your firm and clients requires. Please ask your team to contact us for our Schedule of Fees, our CVs and to set up a meeting where we can show you how we can help. We look forward to your call.