We’re a leading firm of chartered accountants & VAT/Tax advisers supporting entrepreneurs, high net worth individuals, family offices and growing businesses in UAE.
A forensic accountant utilises a range of skills, experience and understanding in the areas of business information, economic theory, financial reporting systems, accounting and auditing procedures. In addition he or she may have in depth understanding of data and electronic discovery, analysis techniques to uncover fraud, such as machine learning and data mining, stochastic forensics and stenography.
The goal is simply to uncover evidence that can identify the processes and data through which a fraud has been committed or an error has been made and for the evidential findings to be suitable for use in a court of law.
Alya’s forensic accounting specialists are expert in analysing, interpreting and summarising particular business or financial circumstances. This helps in clearly communicating financial information concisely and articulately if the case ends up in a court room.
Of course, it’s not just fraudsters we try to catch. Forensic accounting firms such as Alya help those in dispute resolve their differences by uncovering the reality of a particular situation, particularly in complex financial and business related matters.
We always deliver high-quality services that you won’t find elsewhere at the low prices we offer. Get high-quality financial services compliant with Alya Auditors, an organization that follows accurate forensic audit procedures.
Dealing with instances of fraud (internal or external) can be spectacularly disruptive and costly for the business. In an ideal situation, forensic accountancy can be used to avoid such scenarios from ever occurring by both preventing fraudulent activity and nipping any problems detected in the bud.
A brand that leaves itself wide open to manipulation and fraud is a brand that is very difficult to respect, trust and work with. Fraud can do the kind of reputational damage that is borderline impossible to repair – hence the importance of thorough and ongoing forensic accountancy.
By proactively patching any obvious ‘gaps’ in current financial operational standards, the forensic accountant can ensure that risk of future exploitation is significantly reduced. It’s a case of protecting the best interests of the business before fraudulent activity can take place.
If you are facing continuous issues regarding the contracts while dealing with your business clients, then it’s high time that you infuse forensic accounting in your business premises, which will ultimately help you to solve the disputes and converts more customers to enhance business profits.
To clearly demarcate an alleged fraud from an actual fraud you need to remain objective during the investigation. We carefully investigate every scenario and explanation to avoid reaching the wrong conclusion in a case.
We collect your company’s accounting records and related documents.
We review your company’s accounting records and related documents.
We collect evidence and estimate damage.
We prepare reports form the evidence gathered.
We will submit the report to the concerned person so that he/she can review the report and take the necessary steps.
Here are a few areas: