ABS Consulting Group

Transcription

1 ABS Consulting Group Forensic Investigation and Audit Services

2 The Association of Certified Fraud Examiners (ACFE) reports that fraudulent activities cost businesses approximately 7% of total revenues in If you are concerned about the reliability and integrity of your business transactions, consider our Forensic Audit Services. 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 clients address the challenges and risks of doing business in today's environment. We help companies find ways to manage risk, investigate alleged misconduct, and measure the financial implications of disputes. We investigate unusual financial activity and review financial reports all with the sensitivity and urgency clients require. What We Do Our Forensic Audit Team is committed to assisting our client organizations 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 person or persons responsible for the improper or illegal act. We work directly with your legal counsel to ensure the admissibility of evidence, utmost discretion, and total support through to the desired resolution of the situation. With many Ugandan businesses cutting people, the ability for some form of financial fraud to occur is higher than ever. The state of today s 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 Investigation services 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 can provide a complete array of investigative services, from pre-employment investigations to asset protection and loss prevention / detection investigations. We evaluate the basic structure of your business, from the integrity of your sales force, to the honesty of your inventory and cash management professionals, to the security of your key business assets, to the comprehensiveness of your internal and external financial audits. 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. 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. Astute legal professionals realize that their litigation support and expert witnesses must not only be seasoned accountants who know their way around a balance sheet, but effective communicators as well.. 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. In addition, they also are skills leaders of professional development seminars. At ABS Consulting the litigation support services we provide include: obtaining adequate financial records validating cash records and finding hidden assets

3 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 knowledge comes from a range of experience dealing with matters of fraud, corruption, business intelligence and regulatory compliance. As auditors, consultants and educators, ABS Consulting has extensive experience in financial statement fraud, employee embezzlement and financial crimes, but also with evaluating the people and the internal controls within organizations. We work with attorneys providing litigation support that ensures you will prevail in your case. 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. Anti-fraud program allegations of prejudice and financial irregularities, for example corruption, fraud and theft. Our team has worked with many clients on various investigations which we list below. Please note that due to the sensitivity of some of the work carried out at clients, we are not able to provide you with detailed information Clients MTN Uganda Limited Uganda Telecom Limited National Social Security Fund Uganda Uganda Broadcasting Corporation Foursquare Foundation GM Tumpeco Limited Housing Finance Bank Limited Solvochem Uganda Limited We support law firms, corporations and organizations, find the truth in financial reporting. We find the financial misstatements in Corporate reports IPO s Personal financial statements But we go further, 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. The anti-fraud framework is designed to assist our clients by providing an independent and objective analysis of the current anti-fraud program. In this way, we help actively demonstrate an organisation s ability to effectively manage fraud. Under this program we will be glad to provide fraud training, fraud risk assessment, and compliance related assessments. 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 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

4 Learnings from other client engagements Our experience working with other clients on on-call contracts coupled with our deep understanding and established relationships with local regulatory and law enforcement bodies means we understand how to maximise benefits delivered globally. Agreeing upfront the practicalities and logistics of project management, knowledge sharing, protocols and working procedures will make this an effective and successful working relationship Our methods are not prescriptive Responsiveness We will work with you to put in place arrangements which are best suited to your business needs Speed of response and ease of engagement set up are vital. That s why we present a local team to serve our clients. Dedicated key local contacts Regular Communication and knowledge transfer Building relationships A team of senior ABS Consulting people will act as your local contacts. Moses Ssebugwawo, our Forensics personally oversees all projects in progress under pre agreed engagement terms. With Effective regular communication, we learn our clients preferred style of working and reporting and are be better placed to report on systematic weaknesses and trends emerging from the investigations assigned to us. A successful investigation involves working closely with in house teams while providing an independent view and approach. We foster a good cooperative relationship with in-house teams and build a deep understanding of systems and protocols. ABS Consulting The Right Strategic Relationship for you Dedicated Team We provide you with access to the right team at a local level first time every time. You can have confidence that assignments will be approached with a sound knowledge of the investigation processes, outcomes and managed by experienced and qualified personnel, thereby reducing your risk and ensuring that all work is done in accordance with stipulated policies, local legislation and procedural guidelines. We can make your company "Fraud Resistant!" We would like to meet with you to show how ABS Consulting can be a supportive, integral part of your team. 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. 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 Forensic Audit Team of ABS Consulting Group for an in-depth financial investigation. If your client would like a Red Flag fraud review, or an analysis of the current system of fraud prevention controls us today for a free, no-obligation consultation. We will show you how our forensic audit team can put and keep your business on solid ground.

5 The ABS Consulting Group executive team Moses Ssebugwawo Mobile: Amos Bagumire Mobile: Emmanuel Ahairwe Mobile: Website: