New York, NY
Melville, NY
Roseland, NJ
Greenwich, CT
Tinton Falls, NJ
Grand Cayman, BWI
1.800.921.0777

Litigation Services & Business Valuation Group

Forensic Accounting Services

With fraud and white-collar crime reaching epidemic proportions, it is critical for businesses to be prepared for these dangerous trends. At Marcum & Kliegman LLP, we help protect businesses by assessing internal controls, tracing potential avenues for theft, and assisting management in the implementation of effective policies and procedures. Our forensic accountants combine their investigative knowledge with accounting skills to look behind the numbers and determine how the alleged fraud was perpetrated.

Review of Books & Records for Improprieties
Because of the diverse accounting knowledge we possess, we are often asked to perform an independent review of the books and records of a business to search for improprieties. This may be undertaken where the owners are suspicious of each other or employees, for example inequitable expense reimbursements, non-business expenditures, unidentified withdrawals or payees, etc. There may or may not be allegations of fraud in such circumstances.

Fraud Investigations
Marcum & Kliegman LLP investigates internal and external fraud when management suspects such activities are occurring in their company. Missing documents, an out of balance general ledger, an increase in reconciling items, consistent adjustments to accounts receivable or payable, shortfalls in inventory, etc. all may be indicators that fraudulent activities are taking place.

Embezzlement
Money Laundering
Misappropriations of Funds
Commercial Bribery
Kickback Schemes

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Internal Controls
Control activities are the policies and procedures that help management carry out it's directives. They help ensure that necessary actions are taken to address risks to achieve an entity's objectives.

"An ounce of prevention is worth a pound of cure." Marcum & Kliegman LLP assesses a company's existing control systems to identify the potential for assets to be compromised by internal and external perpetrators. We will assist you in identifying ways that your company's operating systems can be invaded, to prevent fraud from occurring. Our forensic accountants act upon the assumption that deterrence is your greatest defense against fraud.

Assessment of Internal Controls - We will review your existing control structure and determine areas that are non-existent or that can be improved upon.
Risk Assessment - For financial reporting purposes, an entity's risk assessment is to identify, analyze, and manage risks relevant to the preparation of financial statements. We can provide assistance in making these assessments.
Implementation of Internal Control Procedures - Once an assessment of internal controls and risk has been undertaken, Marcum & Kliegman LLP can help management implement new or improved control procedures to ensure that their objectives are met.