A member of the AICPA | California Society of CPAs | The Association of CFEs
We can add value to your litigation involving accounting and financial matters. Feel free to reach out with questions on topics:
When you suspect there is a fraud happening, we can help with:
Is your business ready to improve your processes?
We come alongside you on:
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.
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:
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.
The Cost of Occupational Fraud & Abuse
Hot off the press! The Association of Certified Fraud Examiners issued their 2020 Report to The Nations, which highlighted that the average loss from a single incident of occupational fraud was $1,509,000.
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' 2020 Report to the Nations, there is a 33% 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!"
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!