At ExeSTAT, We help organizations to implement checks and balances along with a method of culture creation to deter unethical behavior like fraud and corruption; and prevent any negative impact of fraud by detecting and mitigating the action or such behavior. With tools like methodic assessments, historic data analysis, advance fraud detection techniques and industry best practices from associations like ACFE, we help organizations in planning their fraud prevention and management controls. With our inspections and surveys we review and investigate suspicions of fraud by employees or third parties. A preemptive attitude towards early response towards fraudulent conduct can reduce reputational damage and financial loss.

Fraud Risk Management

We help you assess fraud vulnerabilities to your organization, with given instances in your industry to mitigate variety of misconduct and fraud. These focused risk assessments help the decision makers understand the unique business risks, relevant gaps and requisite on-going internal controls and plans to mitigate such risks with effectiveness. ExeSTAT’s forensics encourages the fraud deterrence controls with clearly defined roles and responsibilities that requires board’s tone and senior management support, to take prompt preventive and corrective action against Bribery, Corruption and Fraud Risk.

Our advisory covers a broad range of unethical behavior related-matters including:

• Implementation of prevention and detection programmes, like:

        – IT systems and operational processes

         – Assessment and detection of corruption and fraud risk sources and loopholes in the system

        – Review and update of existing anti-fraud, corruption deterrence policies, SOPs and controls

        – Industry associated benchmarking of currently observed best practices

• Investigations and checks of corrupt and fraudulent practices
• Organization’s regulatory compliance reviews for enterprise-wide adherence establishing the compliant behavior with the legal requirements and statutory guidelines, and sanctions in case of non-conformity.
• Compliance with the Sarbanes-Oxley Act of 2002 (Section 404 compliance), The Public Company Accounting Oversight Board’s (PCAOB) AS2, UK Bribery Act, Foreign Corrupt Practices (FCPA), COSO ERM and SAS 99 and other relevant regional legislative and regulatory requirements
• Checks, Investigations and Surveys for organizational Integrity Due Diligence for enterprise value protection.
• Forensic Accounting Investigations of alleged violations of anti-corruption legislation
• M&A Forensic Due Diligence
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Fraud Risk Assessments & Audits

Any acts of deception from money laundering, corruption, frauds, tax evasion, etc., we help companies across industries to understand and unfold their internal fraud risk scenario. Our services from  assessment and audits to inspection to surveys give our clients resilience and preparedness, to confront operational and regulatory challenges.

Anti-Curruption and Anti-Fraud Services

• Anti Fraud Programme Evaluation
• Fraud Investigation
• Asset Tracing
• Third Party Due Diligence and checks

Anti-money Laundering and Countering Financing of Terrorism

We help your organization with governing obligations with regard to:

• Extracting relevant compliances from regulatory circulars and legislative bills
• Providing advisory and technology consult for meeting regulatory obligations
• Gap analysis, effectiveness assessment of your organization’s current SOPs and internal controls
• Updating and Upgrading current tools and processes to adapt to new and existing obligations

We offer our clients an end-to-end approach to the approach and resolution of issues related to money laundering. Our experts have in-depth knowledge and extensive experience of regulatory investigations and of the most suspectable industries for money laundering, enabling an effective risk mitigation and avoidance plan in favor of our customers.

 We help our clients in implementing foremost “Know Your Customer” practices, Customer Due Diligence and Risk Based Approach for the recommended transaction cycles. This keeps check on transactional operations for regulatory control and maintain quality and integrity of your KYC compliance.