welcome
Welcome to Kessler International's Forensic Accounting division, where individuals, CEOs and organizations around the world come for experienced and talented investigative matters revolving around the numbers.
We invite you to browse our forensic accounting service lines, and to find out how our combination of certified fraud examiners (CFEs) and certified forensic accountants will help you fight fraud and corruption, and give you the evidence and litigation support you need to defend or win your case.
|
|
didyouknow...
In a study of 663 fraud cases responsible for more than $7 billion in losses:
- Asset misappropriation accounted for 80% of the fraud, with cash being the asset of choice 90% of the time.
- Corruption schemes represented 13%, causing more than $500,000 in losses per incident.
- Fraudulent financial statements brought the most damaging losses-averaging $4.25 million per ploy.
- On average, the fraud schemes continued for 18 months before they were detected.
- Typically, the person behind the fraud was a first time offender, but 7% had unknown prior convictions.
|
|