It is estimated that fraud costs businesses in the US billions of dollars annually.  Many organizations are not equipped to detect fraud, and are quite susceptible to losses due to the lack of sufficient business controls that help deter and detect theft.  The Intelligence Group has investigated numerous instances of suspected fraud and financial crimes within organizations.  As a result of this experience, we have developed a unique understanding of how fraud occurs, and the controls necessary to minimize the opportunity(s) for fraudsters to do damage.  

The types of business controls reviews conducted by The Intelligence Group include:    

• Operational and Financial Controls such as Sales/Accounts Receivable, Purchasing/Accounts Payable, Accounting and Financial Reporting, Cash Receipts and Disbursements, Operations, Payroll, etc.

• Financial Information Systems including data integrity, data security, access controls and application controls.

• Management Systems including organizational structure, style and culture, staffing procedures and background screening, competitive positioning as well as the role of internal and external auditors, legal counsel and other oversight functions.

• Security Systems providing Physical and Information Security including access controls, monitoring and detection capabilities, asset management systems and investigative response procedures.

Whether in response to a loss, or part of a pro-active strategy to contain fraud and related crimes, our experience can pinpoint vulnerabilities and create controls that mitigate your risk without minimizing operational efficiencies.