Fraud Examination

The analysis of documents to determine if fraud exists in the reporting of revenues or expenses requires specialized training. Even audited financial statements cannot be relied upon to assure that no fraudulent activity exists either by shareholders in control or by employees. In domestic relations cases a common accusation is that the revenues of a business may be understated or expenses overstated. While no examination can guarantee that the books and records of a company do not reflect fraudulent activities an analysis of financial reports and supporting documents is the best assurance that the possibility of fraud is minimized. Agin and Agin has staff accredited with the CFE (certified fraud examiner) when fraud is suspected. Fraud examinations are, by their nature, time consuming. In efforts to reduce these costs we often assign more junior staff members to obtain basic information which is then used to develop our analysis.