Fraud Investigations

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HSNO professionals are tenured in the business of fraud investigations. Corrupt business practices and fraudulent maneuvers can have a significant negative impact on financial operations. HSNO’s team of forensic accountants and consultants carry an excellent track record in finding the cause of fraud and determining the extent of damage left behind.

In our experience, fraud occurs in a number of situations, including:

  • False transaction reporting
  • Incorrect assessment of asset value
  • Destroyed assets to get insurance money

In these cases mentioned above, and any other fraud occurrences, HSNO is equipped with the technology, ingenuity and resources to track down evidence in pursuit of the truth. We thoroughly examine important documents and interview key stakeholders to compose a comprehensive picture. Some documents that we analyze and refer to during the forensic process include:

  • Income and cash flow statements
  • Transaction reports
  • Balance sheets
  • Income statements
  • Earnings statements
  • Price and cost records
  • Journal entries

After gathering data from all of these sources, we investigate for unusual trends, paying special attention to comparable companies and their financial information and documents. If there are any extreme swings in units of production or sales that do no match up with competitors we look further into the situation to see if fraud has occurred. HSNO accountants and consultants also travel on-site to our corporate clients’ offices and conduct in-person interviews. These interviews help to retrieve useful reconnaissance in the investigative process. Additional services we provide include:

  • Analyzing financial data
  • Confirming integrity of evidence
  • Compiling written reports
  • Serving as expert witness
  • Consulting other experts
  • Providing documentation
  • Assessing damage
  • Tracing illicit funds
  • Uncovering hidden assets
  • Due diligence

As we help a firm’s transition into restructuring their company after fraud, we also provide consultative services to ensure improved procedures in the future. HSNO represents corporate clients of all sizes and across many locations. Our professionals are located in offices across the Unites States and the United Kingdom. We work with clients in a variety of capacities, always tailoring our approach to their situation, needs and desired outcome.