Additional Details
Investigation Audit is challenging assignment conducted using Astral's Special Internal Audit process with focus on Fraud Investigation methodology. We use a structured interview technique process and audit reviews based on a random sampling.
Broad overview of Audit Review Processes performed
- Gain an understanding of and perform a review the Client's internal policies and procedures.
- Gain an understanding of and perform a thorough review of the business process which needs to be investigated s, including flow of data, timing of data flow, etc and analysis of the same.
- Perform a critical review of process to highlight possible red flags and potential areas of revenue leakages.
- Perform a thorough screening documents and signatures to evaluate and identify the fraudulent documents, if any.
- Perform Field investigations including visits to end- user customer to evaluate the level of financial loss incurred by the company.
- Conduct structured Interviews with the process owners and process members to ascertain the level of their involvement in the alleged fraud. These were Classified as "unknown", "knowledge", "involvement" and beneficiary.
Audit Procedures in the form of Audit Programs developed, to focus on the following areas:
- Assessment of logical correctness of documents.
- Physical verification and comparison with reports in ERP system.
- Detection of any forged signatures.
- Identification of the writers of signatures, handwriting and hand printing appearing on various documents.
- Detecting any altered documents.
- Detecting and restoring erasures and eradications.
- Determining when a document was or was not prepared.
- Detecting counterfeited documents and examining printed documents.
- Detecting and restoring faint indented writings.
- Comparisons of paper and inks.
- Determining whether two sheets of paper came from the same table or pad of papers.
- Examinations of paper folds and sequence of folds.
- Comparisons of torn or cut paper edges.
- Restoration of charred and partially burned documents.
- Identifying the machine that made a photocopy and whether two copies were made on the same machine.
- Examinations of facsimile(Fax) copies.
- Identifying the source of, alterations to notary seals, wax seals and cachets.
- Detecting the opening and resealing of sealed documents and examining adhesives.
- Detecting inserted text in typewritten, printed or handwritten documents.
- Determining the sequence of handwritten text, signatures and typewriting.
- Identifying rubber stamp impressions.
