It is essential for businesses to secure their financial infrastructure as in a world fuelled by digitalization, there is always a riskelement that can jeopardize a company’s finances. At RMPS and Co, we have a team of experts that routinely studies all of your business practices to ensure that there is no liability and further, we establish protocols that mitigate the risks of fraud. Lastly, we also carry out timely audits to ensure that there aren’t any potential liabilities.
We Are RMPsco
Minimizing and neutralizing Threats to your business
Fraud Prevention & Forensic Audit and Investigation
Fraud Prevention and Preventive Assessment Services
The 3S of RSMP and Co’s
These collection of services expertly delivered by Team RMPS and Co helps our clients stay ahead of the curve when it comes to Forensic Audit and Preventive Assessment services.
Survey
Our team constantly identifies and surveys security trends across the world to identify potential fraud techniques. Further, we also understand if they can potentially damage our clients’ digital infrastructure.
Strategy
Based on the surveys we carry out and our client’s business operations, we strategize forensic audits and preventive assessments to ensure that we are continuously protected against such attacks that can compromise the company’s digital and financial infrastructure. Our team carries out routine audit and maintenance tasks.
Support
Lastly, we are also available for continuous support to our clients. In case they are facing any issues, our experts ensure they receive proper guidance, whether it is online or offline support!
Benefits
How Forensic Audits Protect Your Business
Fraud Detection
Risk Prevention
Financial Accuracy
Legal Protection
Business Integrity
Our Services
What We Bring You
At RMPS and Co, we have a collection of services that aims to prevent as well as investigate fraud to protect our clients. Here’s a brief understanding of what we do under this service module to add value to businesses:
Fraud Prevention
The first step we undertake is to develop procedures and establishing controls that allow businesses to take mitigate the risks posed by potential frauds.
Red Flags
Under this service, we keep a track of business activities and flag those that lead to an unfavorable outcome for the business that might indicate a process failure. We identify where it goes wrong and further, strive to control the damage caused.
Exceptional Reporting
For businesses that already have standard operating procedures, we track events that divert business actions from the existing protocols. Further, our team undertakes course correction strategies to prevent further diversion from SOPs.
Forensic Audit
We possess a collection of advanced, cutting-edge tools and technologies that allows us to carry out a detailed forensic audit and identify wrongdoing if any.
Investigation
In the worst-case scenario, if there is any malpractice or fraud, our team gets to the bottom of it through a comprehensive investigation. We also carry out a detailed analysis of the impact on the organization and how to mitage it.
Frequently Asked Questions
Have Questions? We’ve Got Answers
1. What is Forensic Audit?
A forensic audit is a detailed examination of a company’s financial records to detect, prevent, and investigate fraud, misconduct, or non-compliance with Indian laws and regulations.
2. Why is fraud prevention import for Indian businesses?
With increasing digitalization, businesses face risks of financial fraud, misappropriation, and regulatory violations. Fraud prevention safeguards assets, ensures compliance, and protects reputation.
3. Which Indian regulation are considered in forensic audits?
Forensic audits consider compliance with the Companies Act, 2013, Income Tax Act, GST laws, SEBI regulations, and other sector-specific statutory requirements.
4. When should a business conduct a forensic audit?
Forensic audits are recommended during suspected fraud cases, pre-investment checks, internal control reviews, or periodically for risk mitigation and compliance assurance.
5. What areas are covered in a Fraud Prevention & Forensic Audit?
Audits typically cover financial statements, internal controls, accounting processes, contracts, transactions, and regulatory compliance across departments.
6. Who should conduct a Forensic Audit in India?
Qualified professionals such as Chartered Accountants, certified forensic auditors, or consulting firms with expertise in Indian regulatory frameworks should perform the audit to ensure accuracy and legal compliance.