In an increasingly complex business environment, fraud, misconduct, and financial irregularities can strike without warning — damaging reputation, value, and stakeholder confidence. Forensic Audits provide an in-depth, objective examination of financial records and transactions to detect, investigate, and prevent such threats.
At LBC, we deliver Forensic Audit Services that go beyond detection. We help you uncover the facts, establish accountability, and implement corrective measures to safeguard your business.
What is a Forensic Audit?
A forensic audit is a specialized examination of financial and operational data, aimed at uncovering fraud, embezzlement, regulatory breaches, or other misconduct. It combines auditing, investigative techniques, and legal insight to support civil, regulatory, or criminal proceedings if required.
Our Forensic Audit Solutions:
Fraud Detection & Investigation
- Identification of suspicious transactions, fund diversion, or misappropriation
- Review of financial records, contracts, invoices, and bank statements
- Data analytics to detect anomalies and patterns indicative of fraud
Financial Irregularities & Misstatement Reviews
- Examination of accounting entries, journal vouchers, and adjustments
- Detection of false reporting or manipulation of financial statements
- Assessment of impact on stakeholders and regulatory reporting
Employee Misconduct & Vendor Collusion Audits
- Investigation of insider threats, unauthorized approvals, or kickbacks
- Review of vendor contracts and procurement practices for collusion
- Evaluation of third-party and related-party transactions
Asset Misappropriation & Inventory Verification
- Physical verification of assets and inventory
- Detection of ghost assets, overstatement of stocks, or pilferage
- Reconciliation with financial records and ERP systems
Regulatory Non-Compliance & Ethical Breach Investigations
- Identification of violations of corporate governance standards, ethics codes, or statutory requirements
- Assistance in responding to regulatory bodies and law enforcement
- Support in preparing evidence for legal or disciplinary proceedings
Forensic Reporting & Expert Witness Support
- Preparation of detailed, legally defensible forensic reports
- Presentation of findings to Boards, regulators, and law enforcement
- Support in litigation, arbitration, or settlement processes
Why Choose LBC for Forensic Audit?
- Independent and objective investigations — free from internal influence
- Cross-disciplinary expertise — combining audit, legal, regulatory, and data analytics skills
- Tailored forensic plans — focused on your specific risk profile, sector, and concern
- Actionable outcomes — helping you close gaps, recover losses, and prevent recurrence
Who Can Benefit from Our Forensic Audit Services?
- Companies suspecting fraud, misconduct, or financial irregularities
- Investors, lenders, and boards seeking assurance during disputes or restructuring
- Startups and SMEs requiring vendor or employee fraud investigations
- Organizations in regulated industries subject to external scrutiny
When trust is at risk, facts matter. With LBC’s Forensic Audit Services, you gain the clarity and confidence to act decisively, protect value, and restore integrity.