A member of the AICPA | California Society of CPAs | The Association of CFEs
Professional Services specializing in forensic accounting
Forensic Accounting
Forensic Accounting
Forensic Accounting
We can add value to your litigation involving accounting and financial matters. Feel free to reach out with questions on topics:
- Accounting record analysis
- Business disputes involving accounting and financial matter
- Complex financial record tracing
- Accounting record inspection
- Divorce consultation
Fraud Examination
Forensic Accounting
Forensic Accounting
When you suspect there is a fraud happening, we can help with:
- Embezzlement
- Kickback and skimming
- Ponzi scheme
- Securities fraud
- Insurance fraud
- Payroll fraud
- Financial elder abuse
- Tax evasion
- Financial statements fraud
Consulting
Forensic Accounting
Consulting
Is your business ready to improve your processes?
We come alongside you on:
- Fraud risk assessment
- Internal control assessment
- Accounting processes review
- Cybersecurity policies & procedures documentation
- IRS Form W-12 PTIN Application & Renewal, Box 11, Data Security Responsibilities
- Firm training
- Guest speaking
About Forensic Accounting
Additional Information
What is Forensic Accounting?
According to the Association of Certified Fraud Examiners’ Manual, forensic accounting is “the use of professional accounting skills in matters involving potential or actual civil or criminal litigation.” It does not necessarily have to begin with an element of fraud. However, it may often result in finding fraud.
The Value of Forensic Accounting
Commonly utilized in complex business litigations that involve accounting or financial matters, a seasoned forensic accountant understands and addresses the complexities of accounting, financial records and processes to help you successfully litigate or defend your case.
Why Choose Our Team
At Kenny Kang CPA, I have over 18 years of public and industry experience. As an experienced auditor from Deloitte & Touche, LLP (a Big 4 accounting firm), I have the necessary insights ranging from public companies to small privately held corporations. As an expert, I have the essential skills to frame complex issues into simple terms that people can relate to. This experience allows me to be a credible expert in your litigations. I am “the bridge” between you and your client in litigations that involve accounting and financial matters.
More Questions?
About Fraud Examination
Additional Information
What is Fraud Examination?
It starts with a predication of fraud. Fraud examination refers to a process of resolving fraud allegations from inception to disposition, and it is the primary function of the anti-fraud professional, such as a Certified Fraud Examiner (CFE). The process includes obtaining evidence, reporting, testifying to findings, and assisting in fraud detection and prevention.
The Value of a Fraud Examination
A properly conducted fraud examination can address a number of organizational objectives, including:
- Identifying improper conduct
- Identifying the persons responsible for improper conduct
- Stopping fraud
- Sending a message throughout the organization that fraud will not be tolerated
- Helping facilitate the recovery of losses
- Stopping future losses by strengthening internal control weaknesses
Why Choose Our Team
Over the past decade, I have dedicated my professional services to forensic accounting and fraud examination. I have accumulated a wide range of experience from criminal, civil and investigative cases that gives me the insight to pinpoint and assess fraud allegations. At Kenny Kang CPA, your concerns over allegations of fraud would be thoroughly investigated.
More Questions?
About Consulting
Internal controls assessment
Accounting processes review
Transformation to paperless environment,
Microsoft Office training
About Fraud Risk Assessment
Additional Information
The Cost of Occupational Fraud & Abuse
Hot off the press! The Association of Certified Fraud Examiners issued their 2022 Report to The Nations, which highlighted that the average loss from a single incident of occupational fraud was $1,783,000.
Why a Fraud Risk Assessment?
As a business owner, you have limited resources, and you trust your employees. A typical question that we hear is: "I know that I am working hard, but I don't see it on my bank statements. Can you help?"
The Value of Fraud Risk Assessment
According to the Association of Certified Fraud Examiners' 2022 Report to the Nations, there is a 45% reduction in median loss and duration when a formal fraud risk assessment is in place.
Our FRA team will also work with your external auditors on their AUC-240 “Consideration of Fraud in a Financial Statement Audit” (formerly SAS 99).
Our Fraud Risk Assessment (FRA) is a comprehensive three-phase approach totaling over 500 questions. Our FRA is customized and includes an extensive 15-module assessment of your business. Having a Certified Fraud Examiner reviewing your processes provides a significant deterrence for potential fraud.
We believe in the concept: "Trust, but verify!"
More Questions?
About Cybersecurity Policies & Procedures
Additional Information
Why Have Cybersecurity Policies & Procedures?
Hackers are targeting small professional firms with the knowledge that your business has valuable information, such as Personal Identifiable Information in tax returns, confidential agreements, etc., that they can sell for a profit on the dark web.
What are Cybersecurity Policies & Procedures?
A well-documented Cybersecurity Policies & Procedures (CP&P) identifies the critical data that your business is collecting, processing, and storing. Through this documentation, we help you identify risks and exposures that you may not have known before.
The Value of Cybersecurity Policies & Procedures
The ultimate goal of a well-written CP&P is to identify security gaps, reduce risk, and devise an Incident Response Plan (IRP). It may also help you reduce the premium of a Cybersecurity Insurance Policy.
With the ever-increasing data privacy laws, take the first step in protecting your valuable data!