PwC’s Forensic Services team uses global methodology to closely manage the risks associated with business fraud, financial crimes and other irregularities
In today's increasingly complex business environment, organisations face numerous challenges and risks – often when they can least afford to deal with them.
The ever-growing use of the internet, fully automated accounting systems and electronic funds transfers have all dramatically increased the likelihood of corporate fraud. Equally, and by its very nature, the amount of electronically stored evidence is also growing at the same rate.
The detection and minimisation of fraud is now an integral part of protecting business. We’re more aware of the risk of fraud, after seeing recent, high-profile examples in the not-so-distant past with the likes of Enron and WorldCom. Today, many regulatory authorities and companies – both inside and outside New Zealand – are looking to continuously improve fraud risk management procedures as well as vigorously pursue instances of fraud.
Similarly, in almost all modern dispute resolution, and in particular employment and regulatory disputes, computer forensic specialists play a fundamental role. While historically most requirements were to identify and locate a specific piece of evidence, we are increasingly seeing a more general and perhaps onerous request for electronic discovery being made, often with the results needed in a very short timescale.
Our team is dedicated to meeting the challenges caused by:
We come from a wide variety of backgrounds, such as law enforcement, accounting and IT – both in New Zealand and overseas. Skills developed from these diverse backgrounds have been integrated to produce methodologies that focus on the particular needs of the client.
This approach includes the use of experienced investigators, forensic accountants, computer forensic specialists and background researchers. And with representation in over 140 countries, we can call upon the support and resources of PwC worldwide. That means we benefit from lessons learnt worldwide and are able to apply tried-and-tested global methodologies and practices here in New Zealand. We are globally organised, yet locally based.