How Forensic Accountants Help Identify Corruption Risk and Delve into the Details of Books and Records

Forensic accountants are an integral part of anti-corruption compliance.  From proactive risk assessments to reactive investigations, forensic accountants can probe the details of a company’s books and records, assisting compliance officers and in-house and outside counsel.  This guest article by Lindi Jarvis and Javier Alvarez of FTI Consulting provides insight on the steps forensic accountants can take to prevent, detect and remediate corruption, highlighting best practices and including examples such as a “heat map” to help focus resources in high-risk areas.  See also “SEC’s FCPA Unit Chief and Top Practitioners Address the Role of Financial Controls in FCPA Compliance Policies, Internal Investigations, Self-Reporting and Related Topics” (Apr. 3, 2013).

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