PRC Forensics is rendering services in the field of forensic accounting, forensic auditing financial fraud detection & digital forensic investigation serving Stakeholders. Leveraging our expertise in forensic accounting analysis to help them make more informed and confident decisions.
WHAT ARE FINANCIAL SHENANIGANS
Financial shenanigans are actions or omissions that are designed to distort true financial performance or actual financial position of a company or entity, intentionally. Shenanigans range from fairly more benign to most egregious. Shenanigans may include:-
Big Bath Accounting
Window Dressing
Boomerang Transactions
Channel stuffing
Basket Case Companies and many more
WHAT IS FORENSIC AUDIT
Forensic auditing is the integration of accounting, auditing and investigative skills so that the disputes are resolved in a court of law. Forensic auditing is defined as an examination and investigation of financial statements and records to find evidence that can later be used in the court of law. There are various reasons for conducting forensic auditing's, such as for Forensic Audit under IBC, 2016, Forensic Audit under RERA Act, 2016 and Bank frauds Cases etc.
DIGITAL FORENSICS
Digital forensics is a branch of forensic science that focuses on identifying, acquiring, processing, analyzing, and reporting on data stored electronically. Electronic evidence is a component of almost all shenanigans and digital forensics support is crucial for Law Enforcement Investigations. Electronic evidence can be collected from a wide array of sources, such as computers, smartphones, storage devices and more.
In today's digital world, financial data is increasingly vulnerable. Forensic auditing services, combined with advanced digital forensics tools, offer a powerful solution to identify and address financial wrongdoing. Forensic auditing services that incorporate digital forensics tools offer a more comprehensive and effective approach.
How Does it Enhance Forensic Audits?
Digital forensics tools empower forensic auditors to:
Our team combines deep financial expertise with advanced digital forensics knowledge. We utilize the latest tools and techniques to deliver comprehensive forensic audits that meet the highest standards.
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