Steered by experienced hands in the arena of Forensic & Litigation Support Services, Nexia TS and our partner, Smith & Williamson, is well-positioned to provide the most cost-effective services, including the preservation and collection of information from multi-dimensional sources and related investigation and dispute resolution services to serve your investigation, arbitration and litigation needs.
The intense competition in the business world, relentless pressure to deliver better financial results, individual greed and the pursuit after exorbitant lifestyles, have all contributed to increased fraud, in terms of scale and occurrence, threatening the stability and sustainability of any business.
We have a dedicated team of trained auditors and Certified Fraud Examiner (CFE) specialising in fraud investigation. The team has experience in investigating fraud cases across different industries and countries. Our investigative approach is dynamic and thorough. We always approach a case in phases; we assess and deploy the right skill sets and tools on a case by case basis.
Our team can be mobilised and deployed locally or regionally within 48 hours (subject to flight availability).
Accounting fraud is a deliberate manipulation of accounting records to create a false impression of financial performance or position.
Examples of Accounting Fraud are:-
We have a team of qualified and experienced Chartered Accountants (CA) who are trained to identify, quantify and address a variety of financial irregularities.
Most corporate frauds committed by shareholders and employees are done through electronic devices/channels such as computer, mobile phone, social media and etc. However, most people do not realise that everything they do on computers leave a trace. Internet history, instant messaging chat logs, deleted emails and documents, just to name a few.
We have a team of Certified Forensic Examiners with decades of experience in examining over several thousand devices and testifying in court. We provide Forensic Technology and Litigation Support via the following services:
Knowing who we deal with is essential in any business dealings. Someone you plan to engage or who is already your employee/business partner maybe a fraudster, criminal or sanction person/company in a country or globally.
Our due diligence service is based on trusted sources. We provide the following forms of screening:-
Scope of screening is customised to clients’ needs and subjected to local privacy law; this extend to areas such as embargo, sanction, financial, reference check, past history, criminal records etc.
Knowing how your business partners are performing is essential. For example, “Are they cheating on me?”, “Are they compliant with my contracted terms?”, “Are they breaking the law?”. These are key areas of concern in a partnership.
We have a team of legally trained staff to provide vendor management audit at your partner’s site to investigate if they are pricing you unreasonably and compliant with the contract terms agreed by both parties. Such arrangement can be ad-hoc or recurring, depending on the Scope of Work (SOW) our clients wish us to embark on.
Our Monitoring Trustee services team acts as Independent Auditor (Monitoring Trustee) on remedies arising out of mergers and antitrust investigations. We can also assist companies in developing antitrust compliance programme.
Our teams from Singapore and UK have acted on behalf of the Competition Commission of Singapore (CCS), European Commission (EC) and the Competition and Markets Authority (CMA), and have worked with corporates across a broad range of industry sectors.
Regulatory Compliance is a key to business success in today’s context where governments are constantly reviewing and implement laws to address terrorism, fraud, business ethics and social issues. We work with clients’ in-house Legal Counsels, Compliance Officers, Security team and Internal Auditors to help them, through Processes Review, identify key risks and integrate the necessary controls into easy to understand/manage workflows for their business. We also provide outsource support in the subject matter.
We are legally trained and experience among others, regulation such as US Foreign Corrupt Practices Act (FCPA), UK Anti Bribery Act (UKBA), Privacy Laws such as General Data Protection Regulation (GDPR) and Personal Data Protection Act (PDPA).
Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) are increasingly required to combat money launderers who abuse the financial system between countries. In recent times, terrorism funding has also been a course of concern globally.
As punitive measures increase against abusers of the financial system, businesses need to safeguard against rogue parties abusing their systems to launder funds. We have a team of qualified and experienced Certified Anti-Money Laundering Specialists (CAMS) who can review your existing processes and work on developing a robust AML program.
We act as the quantum expert on claims needing financial analysis, assessment of damages, valuation or quantification of loss. Our experts have acted on disputes involving many sectors across multiple jurisdictions and have access to major international resources through our membership of Nexia International.