Menendez & Company works with organizations to help them in their effort to achieve the highest level of integrity. At the same time organizations integrity is being challenge through improper behavior by its employees as well as the market it operates in. We can help clients discover the facts underlying concerns about fraud and misconduct, but we can also assist our clients in assessing and mitigating the vulnerability to such activities.
Fraud can be devastating to a business, especially as fraud schemes and financial transactions are becoming more complex and sophisticated with technology advancements. Recognizing the wide variety of threatening internal and external fraud schemes, including asset misappropriation schemes, fraud by vendors and corruption is essential to detecting and deterring fraud
Combating fraud before it occurs is vital to the survival of any business. Organizations should take the opportunity to consider, enact and improve measures to detect, deter and prevent fraud before it occurs. A combined effort must be made by the board of directors, the audit committee, internal and external auditors, risk management personnel, investigators, operations personnel and others to manage the risk of fraud
Fraud examination and investigation provide the essentials for resolving fraud allegations from inception to deposition. The proper procedures, techniques and skills must be used to conduct an effective fraud examination or investigation.