Forensic Services
Forensic Accounting finds its origin in the investigation of the transactions of infamous gangster Al Capone by Frank Wilson working as CPA for the US Internal Revenue Service wherein Wilson’s diligent analysis of the financial records of Al Capone indicted him for Federal Income tax evasion and thus Frank Wilson is credited with the birth of Forensic Accounting in the 1930s.
Forensic Services of accounting and audit comprise of a blend of accounting and legal expertise with Investigative skills. In today’s business environment the corporate and financial frauds keep on surfacing which are being perpetrated by the higher management personnel with the connivance and skills of trained professionals to erase the investigation and audit trail. At the back drop of such fraud risk in businesses and corporates, the forensic services to investigate and trace out the perpetrated frauds require an integrated expertise of accounting, audit, data analytics and legal nitty- gritties of inquiry and evidence. In such scenario of volatile business environment with increased risk and vulnerabilities of various frauds, misconduct, breach of trust, conspiracy, funds embezzlement, employee frauds and money laundering, the role of forensic services cannot be over emphasized.
VGNC is well equipped with its expert team comprising of Chartered Accountants, Advocates, Retired Bureaucrats, Finance Professionals and Retired Judicial Officers to provide all forensic services in the area of investigation and inquiries of such corporate business frauds. We also provide forensic services to the respective stake holders including regulating authorities to conduct forensic audit and investigation into bank loan frauds, tax frauds, public scams and to investigate insolvency and bankruptcy cases as per law.