ITR has developed extensive expertise in the accounting practices of the U.S. and more than 30 foreign countries through over 25 years of experience in international trade litigation support. Our financial experts are highly skilled in examining the books and records of U.S. and foreign entities and can perform in-depth analysis of complex accounting transactions and audits. Our computer systems experts are specialists in the statistical analysis of data. These technical investigators can capture digital evidence preserving the chain of custody and manipulate large databases to identify anomalies and suspicious transactions. Our accountants and computer specialists work closely together to provide expertise in the following areas:
- Foreign Corrupt Practices Act (FCPA)
- Fraud Investigation and Misconduct
- Damages Assessment
Foreign Corrupt Practices Act
At Grant Thornton
1, we assisted law firms in investigating foreign payments made by a company prior to the passage of the FCPA. In FCPA matters, our team of experts can assist law firms in:
- Developing effective compliance programs designed to prevent and detect improper payments by employees and agents.
- Conducting investigations of companies whose Boards of Directors are concerned about FCPA compliance.
- Reviewing internal accounting controls to determine if weaknesses exist in a company's books and records and to ensure they accurately reflect transactions and disposition of assets.
- Developing effective internal accounting controls aimed at preventing and detecting FCPA violations.
Fraud Investigation and Misconduct
ITR's Forensic Accountants can combine their accounting, auditing and investigative skills with their experience in working across multiple global industries to conduct fraud investigations. Working closely with our computer specialists, we can review accounting ledgers and financial reports and rapidly identify suspicious transactions. Equally critical is our ability to act as an expert witness in the courtroom. We can look beyond the numbers and deal with the reality of the situation - who, what, where, when, why and how. Investigative accounting assignments include:
- Investigation of employee theft.
- Securities fraud.
- Fictitious transactions.
- Insurance fraud.
- Kickbacks.
- Proceeds of crime investigations.
Damages Assessment
ITR assists clients in quantifying and analyzing liability and damages claims. We can calculate lost profits or contractual damages due to bankruptcy, transaction and contract disputes, business interruption or simply failure to perform. Our accounting experts have the ability to explain complex accounting issues and transactions clearly to non-accountants in written reports or expert witness testimony.
