Diana Sheltra, EA, CFE and Mary Hall, Esq. provide fraud prevention and detection services to companies from small to large.
Certified Fraud Examiners have a unique set of skills that are not found in any other career field or discipline; they combine knowledge of complex financial transactions with an understanding of investigative techniques, law and how to resolve allegations of fraud. Those who earn the CFE credential demonstrate expertise in fraud prevention, detection and investigation, and are committed to continuing professional training and education.
No company from small to large is immune from escaping serious losses of money and reputation that fraudulent activity can inflict. Fraudsters act for many different reasons such as fear, greed, and ego. There are many different schemes used by fraudsters. Some of these schemes can be very complex and difficult to detect.
We review the flow of your accounting data from bookkeeper entries to the creation of financial statements. The numbers do not lie – many fact patterns can be determined by reviewing the financial statements, bank statements and the control procedures that are in place.
Our goal is to put procedures in place to prevent fraud and to detect if fraud has happened.
According to the ACFE (Association of Certified Fraud Examiners), a typical organization loses 5% of its revenues each year due to fraud.
ACFE research shows that organizations with Certified Fraud Examiners on staff uncover frauds 50 percent sooner and have losses of 55 percent lower.