Anti-Fraud Consulting

The high profile frauds of the past decade remind us of the need for ongoing vigilance, fraud risk assessments, tighter monitoring of internal controls and the importance of ongoing anti-fraud training.

Toronto forensic accounting firm nagel + associates inc. brings first-hand knowledge and insight about how internal controls are overridden or fail and complex frauds are perpetrated, based on experience conducting forensic investigations.  We are a boutique forensic accounting firm with experience interviewing countless witnesses, suspected fraudsters and fraudsters themselves who have disclosed the methods and motivations used to carry out the fraudulent acts.  We have also identified and reviewed the documentation that provides the paper trail confirming/dispelling allegations, including electronic evidence obtained through computer forensics.

Prevention–rather than detection–is the best deterrence against fraud

Drawing from those experiences, Toronto forensic accounting firm nagel + associates inc. advises companies about their exposure to fraud.   Whether an organization is comprised of 5 or 5,000 employees, we work closely with our clients to perform fraud framework assessments to assess the existence and effectiveness of an organization’s entity-wide elements that prevent/detect fraud;  we implement measures such as employee surveys to gauge commitment to the company (as a non-committed employee may be more likely to commit fraud).

We work closely with clients to perform fraud risk assessments, which identifies areas exposed to fraud that are not mitigated by controls; we assist clients to develop anti-fraud policies to define fraud, set management/board expectations of employees and implications, should fraud be discovered; and we work with organizations to develop a fraud response plan that outlines steps to take when fraud is discovered.

Click Project Experience for representative anti-fraud consulting engagements involving Edward Nagel.