Grid Forensic Accounting provides specialised financial forensic solutions for businesses and their stakeholders, in the following areas:
> Asset Registry Search
> Business Valuation
We help determine the true value of a business. Using a combination of business valuation methods, we calculate the value of a business to assist those buying a business, selling a business, shareholders, potential investors and others with a vested interest in the business to understand what the business is worth and actions they may need to take in terms of building the business further. Through our business valuation process, we provide a good understanding of the health of the company, highlight red flags or suspected fraud and provide a fair report. In addition, where applicable, a valuation performed by a forensic accountant is also suitable for use in a court of law. Other examples of where business valuations are conducted include divorce proceedings, for retirement purposes, for key man insurance or business assurance applications, and in mergers and acquisitions.
> Dispute Resolution
We resolve stakeholder and/or management disputes quickly and cost-effectively, acting in the best interest of the relationships involved and with the business’s wellbeing in mind. Our techniques will depend on the stage in the negotiation process at which we become involved; either pro-active and preventative, or as a detective and reactive service.
> Fraud and Corruption Prevention
We identify areas where a business may be exposed to potential fraud and corruption by evaluating their business policies and practices. Our forensic accountingprofessionals help lessen the identified opportunities for fraud and corruption by assisting in streamlining formal fraud prevention and detection policies, integrating them with best practices and implementing them in the workplace. We also assess the business’s internal controls to make valuable recommendations with the intention of lessening risk.
> Fraud Detection and Investigation
As part of our integrated forensic accounting service, we assist in detecting and investigating suspected irregularities or financial crime. Through a multiple-stage detection and fraud investigation process, we obtain, secure and present evidence. This can be directed internally (towards employees and internal collusion); externally (towards suppliers, subcontractors, third parties to contractual arrangements); or a combination of internal and external (towards employee collusion with third parties).
> Forensic Investigation
We provide accurate, cost-effective and fully compliant reports to assist in forensic-based investigations. This process entails regular reporting, meetings and feedback as required. Our forensic accountants are experts in their field and have the necessary experience to act as expert witnesses in court, providing evidence gathered during the investigation.
> General Due Diligence
We assist individuals by conducting appropriate checks and analyses that will enable them to make the best, most informed decision possible for themselves or their business. Through our in-depth investigations and audits, we confirm the facts, assess the financial aspects of a potential investment, and help to determine what the benefits, liabilities, risks and opportunities are.
The due diligence process includes reviewing financial records, operations, legal and tax compliance, contracts, intellectual property and assets, interviewing key individuals, highlighting material information and identifying red flags.
> Loss of Business Profits
> Property Investment Due Diligence
We bring expertise as financial and investigative experts to perform the due diligence of a commercial property portfolio or individual property investment. As a purchaser of a property investment, our clients can be assured that the due diligence has been performed by real financial experts. We perform collective due diligence on the entire real estate portfolio, each individual property’s cash flow, each individual lessee and each individual property’s purchase price.
> Tax Management Consulting
We assist individuals and businesses towards achieving maximum tax efficiency. Through this process, our registered accounting and tax consultants will perform an in-depth evaluation and analysis of income and assets and make recommendations in line with the best use of tax exemptions, deductions and benefits to minimise tax liability within the legislative framework. We also offer an annual income tax service for businesses and trusts.