Mr. Kapoor is expert in assessing the anti-fraud controls for a construction company that has experienced several incidents of fraud related to the quality of raw materials supplied. These frauds have led to substandard

The forensic auditor will plan their investigation to achieve objectives such as: Identify what fraud, if any, is being carried out Determine the time period during which the fraud has occurred Discover how the fraud has been concealed Identify the perpetrators of the fraud Quantify the loss suffered due to the fraud Gather relevant evidence that is admissible in the court Suggest measures that can prevent such frauds in the company in future. Further after understanding the possible type of fraud that has been carried out and how it has been committed, the auditor is required to support the evidence collected with adequacy, enough to prove the identity of the fraudster(s) in court, reveal the details of the fraud scheme, and document the amount of financial loss suffered and the parties affected by the fraud. With this, Forensic auditors are required to take precautions to ensure that documents and other evidence collected are not damaged or altered by anyone. Henceforth the forensic audit need be done with specialized method of investigation so that the audit could rear the objective results.