Forensic Investigation

As part of Grid Forensic Accounting’s integrated forensic accounting service, we provide accurate, cost-effective and fully compliant reports to assist in forensic-based investigations.

What is forensic investigation?

Financial forensic investigation is a specialised accounting field that uses a combination of skills, i.e. accounting, auditing and investigation, to examine more than just the numbers to identify financial discrepancies or irregularities, fraudulent activity, missing or incomplete data and commercial negligence.

Specific types of financial crimes include:

  • Conflicts of interest
  • Extortion
  • Bribery
  • Asset misappropriation
  • Financial statement fraud

Typically, a financial forensic investigator will be called upon to perform a forensic audit, which is an examination and evaluation of the financial records of a company or individual and which can be used in legal proceedings to prosecute a party for financially criminal behaviour. In brief, a forensic investigation procedure consists of:

  • Planning an investigation: identifying irregularities and for how long these have been taking place; identifying the perpetrators; and quantifying losses, among others.
  • Collecting evidence: reconciling and reviewing documentation; conducting analytic procedures that compare trends over a period of time; using computer-assisted auditing techniques; and examining internal controls, among others.
  • Reporting: presenting findings and a summary of evidence, including how the fraud was perpetrated; and methods to curb future potential incidences, among others.

Grid Forensic Accounting’s forensic accountants are experts in their field and liaise regularly with clients, offering feedback as required, and have the necessary experience to act as expert witnesses in court, providing evidence gathered during the investigation.

Grid operates in the SADC

Forensic investigation costs

Fees may vary depending on the complexity of the client’s situation, the amount of documentation required for assessment and the extent of any relevant investigations.

Because everyone’s needs and situations are so different, it is not possible to provide an exact costing. We can, however, assist by reviewing the prospective client’s information at our obligation-free initial consultation and provide an estimated cost at their request. No charge will be made for this review should they not continue with our services.

Ready to find out more?

Contact us for a cost estimate or to book your obligation-free consultation with us today. Should you require additional information, please visit our FAQ page.