Forensic Audit Services In Dubai
At Kloudac, our forensic accountants combine deep audit expertise with investigative skills to support litigation, dispute resolution, and arbitration.
Our expert reports are regularly used in court proceedings, and we provide confidential, personalised feedback to clients on a consistent basis.
What is a Forensic Audit?
A forensic audit is a detailed examination of financial records to determine their accuracy and legality. Often used in tax and fraud investigations, it uncovers misconduct by internal or external parties.
While forensic accounting investigates fraud by employees, vendors, or customers, a forensic audit targets internal fraud involving management, partners, or shareholders.
Steps in Conducting a Forensic Audit
[1] Planning the Investigation
- Define the investigation’s scope and objectives.
- Determine methods and techniques to be used.
- Identify the time frame of the suspected fraud.
- Quantify the financial loss.
- Pinpoint system and control weaknesses that enabled the fraud.
[2] Collecting Evidence
- Gather evidence that clearly identifies the perpetrator(s).
- Organize evidence chronologically for clarity.
- Ensure evidence reveals details of the fraud and the associated loss.
- Use tamper-proof and reliable evidence.
- Safeguard all evidence against damage or manipulation.
[3] Reporting
- Clearly define the scope and findings of the audit.
- Summarize the fraud, the evidence collected, and how it was executed.
- Include recommendations to prevent future fraud.
[4] Court Presentation
- Present and explain the evidence in court.
- Simplify complex financial details for legal understanding.
- Support the court with all necessary information from the investigation.
Contact Us
