If an employee is suspected of stealing assets or cooking the
books, it may be time for a forensic accounting investigation. This
article discusses how business owners and senior managers can
handle fraud suspicions to minimize disruptions, preserve evidence
and mitigate losses.
What should you do if you suspect an employee is stealing assets
or cooking the books?
How to Investigate Fraud
Managing the Business Risk of Fraud: A
Practical Guide, a joint publication of the Association of
Certified Fraud Examiners (ACFE), the American Institute of
Certified Public Accountants and the Institute of Internal
Auditors, outlines the approach a qualified expert will take to
execute an effective, coordinated fraud investigation. According to
the guide, fraud investigations generally follow a basic 10-step
process:
