{"id":23497,"date":"2022-10-16T20:52:10","date_gmt":"2022-10-16T15:22:10","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=23497"},"modified":"2022-12-31T17:45:24","modified_gmt":"2022-12-31T12:15:24","slug":"forensic-audit","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/forensic-audit\/","title":{"rendered":"What is the forensic Audit?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d013343ddef\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d013343ddef\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#All_about_the_Forensic_Audit\" title=\"All about the Forensic Audit\">All about the Forensic Audit<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#What_is_the_forensic_Audit\" title=\"What is the forensic Audit?\">What is the forensic Audit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#History_Background_of_Forensic_Audit\" title=\"History &amp; Background of Forensic Audit\">History &amp; Background of Forensic Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#Why_Forensic_audit_is_important_nowadays\" title=\"Why Forensic audit is important nowadays\">Why Forensic audit is important nowadays<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#Who_can_do_the_Forensic_Audit\" title=\"Who can do the Forensic Audit?\">Who can do the Forensic Audit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#What_Elements_of_Forensic_Audit\" title=\"What Elements of Forensic Audit?\">What Elements of Forensic Audit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#Why_Elements_of_Forensic_Audit\" title=\"Why Elements of Forensic Audit?\">Why Elements of Forensic Audit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#When_Elements_of_Forensic_Audit\" title=\"When Elements of Forensic Audit?\">When Elements of Forensic Audit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#What_are_the_Fraud_incidences\" title=\"What are the Fraud incidences? \">What are the Fraud incidences? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#What_are_purpose_of_Forensic_Audit\" title=\"What are purpose of Forensic Audit? \">What are purpose of Forensic Audit? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/forensic-audit\/#What_are_the_basic_benefits_of_Forensic_Audit\" title=\"What are the basic benefits of Forensic Audit?\">What are the basic benefits of Forensic Audit?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"All_about_the_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong><u>All about the Forensic Audit<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23500\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit...jpg\" alt=\"Forensic Audit\" width=\"825\" height=\"413\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit...jpg 687w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit..-300x150.jpg 300w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p>When we discuss about the Forensic Audit Few Questions are used to come in our mind. Few are mention here under:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>What is the forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The procedure used to examine a person&#8217;s or a company&#8217;s financial information for use as evidence in court is known as forensic audit. It helps in the detection of financial fraud, wilful defaults, and financial statement window dressing. The two main purposes of financial forensics are to apply financial theories and principles to the facts or hypotheses at issue in a legal dispute. Kind of Common Fraud<\/p>\n<table style=\"height: 395px;\" width=\"772\">\n<tbody>\n<tr>\n<td width=\"339\">\u00b7\u00a0 \u00a0Bank<\/p>\n<p>\u00b7\u00a0 \u00a0Asset<\/p>\n<p>\u00b7\u00a0 \u00a0Overseas Corporate Bodies (OCB)<\/p>\n<p>\u00b7\u00a0 \u00a0Tax<\/p>\n<p>\u00b7\u00a0 \u00a0Technology<\/p>\n<p>\u00b7\u00a0 \u00a0Wire fraud,<\/p>\n<p>\u00b7\u00a0 \u00a0Securities fraud,<\/p>\n<p>\u00b7\u00a0 \u00a0 Bankruptcy fraud<\/td>\n<td width=\"267\">\u00b7\u00a0 \u00a0Forgery<\/p>\n<p>\u00b7 Management \/ Internal \/Workplace \/ Employees.<\/p>\n<p>\u00b7\u00a0 \u00a0Valuation<\/p>\n<p>\u00b7\u00a0 \u00a0Financial Management<\/p>\n<p>\u00b7\u00a0 \u00a0Tax fraud,<\/p>\n<p>\u00b7\u00a0 \u00a0Credit card fraud,<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"History_Background_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong><u>History &amp; Background of Forensic Audit<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Kautilya\u2019s Arthashastra was written in ancient India around the fourth century BC. The accounting rules and practises in use now are comparable to those from the fourth century BC.<\/p>\n<p>Both fraud detection and prevention have been emphasised in the Kautilya\u2019s Arthashastra described a number of fraudulent methods for stealing public cash, which auditors at the royal treasury has to be constantly on the lookout for.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_Forensic_audit_is_important_nowadays\"><\/span><span style=\"color: #000080;\"><strong>Why Forensic audit is important nowadays<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23498\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Picture1.png\" alt=\"Forensic audit is important nowadays\" width=\"844\" height=\"421\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Picture1.png 443w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Picture1-300x150.png 300w\" sizes=\"(max-width: 844px) 100vw, 844px\" \/><\/p>\n<p>An extensive range of investigative procedures are covered by <a href=\"https:\/\/carajput.com\/publications\/all-about-the-forensic-audit-and-its-approach.pdf\">forensic audits.<\/a> A party who is suspected of fraud, embezzlement, or other financial crimes may be subject to a forensic audit. The auditor could be asked to take part in a forensic audit in order to testify as an expert witness in court. There are many reason of Forensic audit is important nowadays are listed below :<\/p>\n<ul>\n<li>Strict governance and regulatory framework for businesses<\/li>\n<li>Increasing Non-performing asset accounts with lenders<\/li>\n<li>banking sector in India being under stress<\/li>\n<li>Regular update &amp; the Change in guidelines &amp; regulations by Reserve Bank of India.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Who_can_do_the_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>Who can do the Forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>To become a forensic auditor, we must have a\u00a0specialist Qualification like Chartered Accountants, Certified Fraud Examiner (CFE), Certified Public Accountant (CPA) certification, Certified in Financial Forensics (CFF).<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_Elements_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>What Elements of Forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-23499\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit-in-india...png\" alt=\"Forensic-Audit in India.\" width=\"1000\" height=\"398\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit-in-india...png 1000w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit-in-india..-300x119.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit-in-india..-768x306.png 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2022\/10\/Forensic-Audit-in-india..-800x318.png 800w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<ul>\n<li>A forensic audit is an examination and evaluation of a firm&#8217;s financial records for good governances and to establish an incidence of fraud and diversion of funds, if any. Places, frequency, Amount, Time, Parties of unusual transactions and\/or related party transactions\u00a0are factors to be considered during forensic audit.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Why_Elements_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>Why<\/strong> <strong>Elements of Forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>To ensure timely detection of Asset misappropriation, Financial Statement Fraud, Diversion of funds &amp; assurance to lenders &amp; investors, All the Important factors to be considered during forensic audit process.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"When_Elements_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>When<\/strong> <strong>Elements of Forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Non-performing asset, Wilful attempts, Liquidation, Restructuring, Mergers &amp; Acquisitions (M&amp;A), Takeovers, Frauds,<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Fraud_incidences\"><\/span><span style=\"color: #000080;\"><strong>What are the Fraud incidences? <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Fraud is an intentional act of deception intended to give the offender an unauthorised advantage or to deny the victim of a privilege.<\/p>\n<table style=\"height: 201px;\" width=\"802\">\n<tbody>\n<tr>\n<td width=\"291\">\u00d8\u00a0 Overstated values<\/p>\n<p>\u00d8\u00a0 Sales Schemes<\/p>\n<p>\u00d8\u00a0 Payroll<\/p>\n<p>\u00d8\u00a0 Suspense Accounting<\/p>\n<p>\u00d8\u00a0 Purchasing schemes<\/p>\n<p>\u00d8\u00a0 Shell Company<\/td>\n<td width=\"315\">\u00d8\u00a0 Improper disclosures<\/p>\n<p>\u00d8\u00a0 False Sales<\/p>\n<p>\u00d8\u00a0 Asset transfer<\/p>\n<p>\u00d8\u00a0 Ghost employee<\/p>\n<p>\u00d8\u00a0 Skimming of Receipts<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"What_are_purpose_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>What are purpose of Forensic Audit? <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A forensic audit is an evaluation and analysis of the financial records of a company or an individual. An auditor tries to gather information during a forensic audit that might be used as evidence in court. A forensic audit is performed to find unlawful behavior like theft or fraud.<\/p>\n<p>In the corporate sector, Forensic audits are needed to verify &amp; prove the following crimes in an form\/ company\/ Business. forensic audits are conducted for a variety of reasons. The following is the reason:<\/p>\n<ul>\n<li>Corruption or Fraud<\/li>\n<li>Asset Misappropriation<\/li>\n<li>Financial Statement Fraud<\/li>\n<li>Cases of corruption<\/li>\n<li>Mishandling of funds<\/li>\n<\/ul>\n<table style=\"height: 1247px;\" width=\"832\">\n<tbody>\n<tr>\n<td width=\"366\"><strong>\u00a0CBI \/ EOW<\/strong><\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Availing facility through false documentation<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Misutilization of Funds<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Financial Statement Manipulation<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Sale\/Transfer of Assets<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 False public notices<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Excess payments to Management\/Promoters<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Siphoning of funds<\/td>\n<td width=\"342\">\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Resolution Professional<\/strong><\/p>\n<p>\u2022 Transaction related to Fraudulent trading<\/p>\n<p>\u2022\u00a0\u00a0 Sale\/Transfer of assets<\/p>\n<p>\u2022\u00a0\u00a0 Excess payments to related parties<\/p>\n<p>\u2022\u00a0 \u00a0Transactions with respect to section 43, 45, 46, 49, 50 and section 66 of the Insolvency and Bankruptcy Code 2016<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"366\"><strong>SEBI<\/strong><\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Insider trading<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cash flow movement<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Price Rigging<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Manipulation of the books of accounts<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Misappropriation of assets<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 False public notices<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Transaction with group concerns<\/td>\n<td width=\"342\"><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 SFIO<\/strong><\/p>\n<p>\u2022\u00a0\u00a0 Sale\/Transfer of assets<\/p>\n<p>\u2022\u00a0\u00a0 Monitory misappropriation<\/p>\n<p>\u2022\u00a0\u00a0 Excess payments to related parties<\/p>\n<p>\u2022\u00a0\u00a0 Transaction related to Fraudulent trading<\/p>\n<p>\u2022\u00a0\u00a0 Transactions with respect to section 43, 45, 46, 49, 50 and section 66 of the Insolvency and Bankruptcy Code 2016.<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"708\"><strong>\u00a0 Lender \/ Banks <\/strong><\/p>\n<p>\u2022 Misutilization of Funds<\/p>\n<p>\u2022\u00a0 Financial Statement Manipulation<\/p>\n<p>\u2022 Sale\/Transfer of Assets<\/p>\n<p>\u2022 Availing facility through false documentation via non fund based facilities like:<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Bank guaranty<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Letter of credit<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 BOE\u00a0Mortgage<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Pre-shipment \/ Packing Credit<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Letter of Undertaking<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_basic_benefits_of_Forensic_Audit\"><\/span><span style=\"color: #000080;\"><strong>What are the basic benefits of Forensic Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Let us a know more on the advantages of forensic auditing in the India.<\/p>\n<ul>\n<li>Tracking and CuRiserve Bank Of india ng Malpractices<\/li>\n<li>Legal Assistance<\/li>\n<li>Simplifies Litigation<\/li>\n<li>Disputes Resolution<\/li>\n<li>Increased brand Reputation<\/li>\n<\/ul>\n<p>A company is dealing with ongoing issues with its contracts when working with clients and vendors. If so, it&#8217;s time to implement forensic accounting and employ forensic auditing at your workplace, which can support businesses in resolving disputes and improve the quality of its services and products in order to increase business profits.<\/p>\n<table style=\"height: 592px;\" width=\"794\">\n<tbody>\n<tr>\n<td width=\"378\">\u00d8 <strong>Promoters\/Shareholders<\/strong><\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Litigation<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Decision for mergers and acquisition<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Avoid contract disputes<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Inheritance Disputes<\/p>\n<p>\u00d8 <strong>Benefits to the company<\/strong><\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Build Robust internal controls<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Growth &amp; Expansion<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Detecting fraud<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cost Saving<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Capital Safeguarding<\/p>\n<p>\u2022\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Ensure good governance<\/p>\n<p>&nbsp;<\/td>\n<td width=\"294\">\u00d8 <strong>Lenders<\/strong><\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Monitor cash flow<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Reduce Non-performing Asset\u2019s<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Red Flag safeguarding<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Pin down accountability<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Avoid financial discrepancies<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Take appropriate action<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Post Non-performing asset action with law enforcement agencies<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All about the Forensic Audit When we discuss about the Forensic Audit Few Questions are used to come in our mind. Few are mention here under: What is the forensic Audit? The procedure used to examine a person&#8217;s or a company&#8217;s financial information for use as evidence in court is known as forensic audit. It &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10021,10083,10089],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/23497"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=23497"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/23497\/revisions"}],"predecessor-version":[{"id":23833,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/23497\/revisions\/23833"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=23497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=23497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=23497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}