Forensic Audit
Matara has accompanied some of the leading business entities in Israel with branches worldwide, assisting with consulting and supervision on projects dealing with internal audits, information leakage offenses, fraud, theft from employers, bribery, and the like.
For years, Matara has specialized in assisting, accompanying, supervising, and consulting internal auditors of leading companies in the Israeli economy regarding their various branches overseas. In practice, Matara personnel assist internal auditors in “translating” the question marks and/or suspicions that arise during audits into a professional investigation and evidence collection process.
Often, during an audit, an internal or external auditor raises a suspicion—sometimes only in its initial stage—regarding offenses committed by company personnel (employees, suppliers, managers, etc.); however, they lack the tools to translate these suspicions into clear findings.
At this stage, Matara personnel, in full cooperation with the auditors and responsible parties in the company, formulate a course of action for questioning and collecting the necessary evidence. Matara’s activity includes: preliminary intelligence gathering on the suspect(s), covert investigations, frontal interrogations, and/or any investigative/intelligence activity required to translate the suspicion into findings and evidence.
This stage of the investigation is conducted in continuous consultation with other parties in the company to ensure that no direct and/or indirect damage is caused to the company’s ongoing operations as a result of this investigative process.
Cooperation between an external/internal auditor and a high-quality investigation firm effectively upgrades the audit, both in translating question marks into clear evidence and findings, and in the quality of the recommendations submitted to the company’s management at the conclusion of the audit.
Matara Agency Operations Argentina – 2017-2019 – Forensic Audit
An internal forensic audit conducted at one of the branches of an international technology company (a NASDAQ-traded company) raised initial suspicions of irregularities and a lack of clarity regarding the conduct of local managers. At this stage, the accountants did not know how to interpret the signs.
› The lack of clarity led Matara personnel to accompany the company’s internal auditors on a comprehensive audit across all company branches, including: Argentina, Mexico, Slovakia, and several other destinations.
› Matara’s operations were conducted undercover and “under the cover” of the internal audit activity, while maintaining full and coordinated cooperation with the audit staff.
› During the operation, which lasted approximately 17 months, Matara investigators effectively translated the suspicions into solid evidence. Numerous cases were exposed involving irregularities that bordered on criminal activity, including: theft from an employer, information leakage, fraud, and even bribery. The suspicious findings reached the highest levels of the local branches.
› The findings and evidence were transferred to the company’s management for damage control.
Forensic Audit
Matara Agency Operations Argentina – 2017-2019 – Forensic Audit
An internal forensic audit conducted at one of the branches of an international technology company (a NASDAQ-traded company) raised initial suspicions of irregularities and a lack of clarity regarding the conduct of local managers. At this stage, the accountants did not know how to interpret the signs.
› The lack of clarity led Matara personnel to accompany the company’s internal auditors on a comprehensive audit across all company branches, including: Argentina, Mexico, Slovakia, and several other destinations.
› Matara’s operations were conducted undercover and “under the cover” of the internal audit activity, while maintaining full and coordinated cooperation with the audit staff.
› During the operation, which lasted approximately 17 months, Matara investigators effectively translated the suspicions into solid evidence. Numerous cases were exposed involving irregularities that bordered on criminal activity, including: theft from an employer, information leakage, fraud, and even bribery. The suspicious findings reached the highest levels of the local branches.
› The findings and evidence were transferred to the company’s management for damage control.
Forensic Audit
Matara has accompanied some of the leading business entities in Israel with branches worldwide, assisting with consulting and supervision on projects dealing with internal audits, information leakage offenses, fraud, theft from employers, bribery, and the like.
For years, Matara has specialized in assisting, accompanying, supervising, and consulting internal auditors of leading companies in the Israeli economy regarding their various branches overseas. In practice, Matara personnel assist internal auditors in “translating” the question marks and/or suspicions that arise during audits into a professional investigation and evidence collection process.
Often, during an audit, an internal or external auditor raises a suspicion—sometimes only in its initial stage—regarding offenses committed by company personnel (employees, suppliers, managers, etc.); however, they lack the tools to translate these suspicions into clear findings.
At this stage, Matara personnel, in full cooperation with the auditors and responsible parties in the company, formulate a course of action for questioning and collecting the necessary evidence. Matara’s activity includes: preliminary intelligence gathering on the suspect(s), covert investigations, frontal interrogations, and/or any investigative/intelligence activity required to translate the suspicion into findings and evidence.
This stage of the investigation is conducted in continuous consultation with other parties in the company to ensure that no direct and/or indirect damage is caused to the company’s ongoing operations as a result of this investigative process.
Cooperation between an external/internal auditor and a high-quality investigation firm effectively upgrades the audit, both in translating question marks into clear evidence and findings, and in the quality of the recommendations submitted to the company’s management at the conclusion of the audit.
For a discreet consultation with the team of experts at Matara, contact us.
Note: The selection of cases, projects, and clients at Matara is selective and rigorous, and we do not commit in advance to handling every case.
