Our Services

Overview

Fraud can cause financial ruin to any company, destroying even the strongest business. Proctor & Associates is a premier forensic accounting firm based in Zimbabwe. For years, we have provided clients with high-level forensic accounting and fraud investigation services. Our clients include top law firms, public corporations, and private companies seeking expert support on a variety of litigation matters for both plaintiffs and defendants.

We rely on decades of experience and powerful analytical tools to expose hidden transactions, detect manipulated information, and identify inconsistencies in relevant business records. We work with trial counsel to build compelling forensic analyses that are understandable to judges and juries, backed by extensive professional certifications and thorough research.

Fraud Prevention

The best defence against fraud is a proactive one. Our experts work with businesses to build layered prevention frameworks before fraud ever takes root. Prevention protocols we implement include:

• Global and Facilitated Fraud Risk Assessments
• Anti-Fraud programme assessment and/or implementation
• Due diligence on suppliers, contractors and new employees (including internet searches)
• Contract reviews for fraud, waste and abuse
• Internal controls consulting, cost saving and process improvements
• Fraud and ethics training for management, staff, company auditors and investigators

Fraud Investigation

When fraud is suspected, we are available to conduct a thorough, evidence-led investigation. Our methodology is systematic, defensible, and built to support legal proceedings:

• Analysing all relevant documents, emails and computer records — including cash-register tapes, credit-card receipts, deposit tickets, inventory records and financial transactions
• Reviewing the company's internal controls and accounting systems
• Separating legitimate charges from fraudulent ones
• Tracing the flow of funds and identifying fund diversions
• Interviewing witnesses, employees and potential co-conspirators
• Preparing comprehensive investigative reports suitable for court

Fraud Examination Services

Once an investigation has helped determine the origin of the fraud, we work with the impacted business to correct the breach and establish a new system of internal controls. We are also available to periodically review business records, controls and processes to aid in ongoing fraud-prevention efforts.

Comprehensive Examination Services Include:

• Fraud and employee misconduct investigations
• Anti-fraud consulting (detection and preventive measures)
• Fraud risk assessments (global and facilitated)
• Fraud brainstorming process implementation for audit, compliance or investigation departments
• Continuous monitoring implementation or process strengthening
• Contract assessment for fraud, waste and abuse
• Proactive risk identification services
• New hires — internet profiles and background summaries
• Vendor / contractor due diligence
• Cost-saving / process-improvement audits
• Corporate-wide anti-fraud programme implementation
• Contract Recovery Audits
• Fraud, ethics and controls training for new supervisors
• Fraud, ethics and compliance training for new employees
• Investigation assessment (reviewing previous investigations)
• Policy / procedure development
• Tracing illicit funds
• Employee Background Checks
• Employee Lifestyle Audit
• Due Diligence Advisory
• Risk Management
• E.R.M. implementations
• Salary payroll audit — ghost employees

Forensic Audit Investigations

A forensic audit goes beyond a standard financial audit to gather evidence that is admissible in legal proceedings. Our forensic audit team examines financial records with the precision of an investigator and the analytical rigour of an accountant.

• Contract Fraud Audits
• Money Laundering Investigations
• Misappropriation of Funds
• Securities Fraud
• Fraudulent & Misleading Financial Statements
• Insurance Fraud
• Embezzlement Schemes
• Ponzi Schemes
• Bankruptcy Fraud Investigation
• Tracing of Fraudulent Funds
• Real Estate Fraud
• Inventory Fraud
• Expert Witness Testimony
• Financial Statement Analysis
• Bank Reconciliation Investigations
• Asset Misappropriation Reviews

Proactive Forensic Assessment

Rather than waiting for fraud to occur, our proactive forensic assessment services identify vulnerabilities and risk exposures before they escalate into costly crises. These engagements are ideal for board-level governance, internal audit teams and compliance departments seeking an independent, expert perspective.

• Fraud Risk Assessments (global and facilitated)
• Employee Lifestyle Audit
• Salary / Payroll Audit — Ghost Employee Detection
• Vendor / Contractor Due Diligence
• Enterprise Risk Management (E.R.M.) Implementations
• Risk Management Consulting
• Internal Controls Review and Gap Analysis
• Policy and Procedure Development
• Fraud Brainstorming Facilitation for Audit Teams
• New Employee Background Profiling
• Proactive Risk Identification Services
• Continuous Monitoring Programme Design

Economic Damage Analysis

When financial losses must be quantified for litigation, insurance claims, or business disputes, Proctor & Associates provides expert economic damage analysis. Our reports are built to withstand the scrutiny of opposing counsel and the court.

• Contract Damages
• Lost Profits Analysis
• Fraud Damages
• Lost Goodwill
• Compensatory Damages
• Out-of-Pocket Damages
• Mitigation Analysis
• Rescission Damages
• Benefit of the Bargain Damages
• IP Infringement Damages
• Construction Damages and Delay Claims
• Business Interruption Damages
• Reputational Damages
• Employment Damages
• Business Valuation (Corporate, Partnership & Shareholder Disputes)
• Expert Witness Testimony

Litigation Services

In addition to our accounting and finance credentials, our litigation consulting experience substantially strengthens the accounting and financial aspects of an attorney's case. Our services may be required for a myriad of purposes — bankruptcy, business valuations, damage calculations, shareholder disputes, insurance claims, lost profits analysis, marital dissolution, tax-related issues, malpractice and more.

The professionals at Proctor & Associates provide credible, defensible insights to support your case — insights that counsel will rely on. Our high standards of professionalism, combined with extensive experience and personal service, deliver expert witness and consulting services you can count on… in and out of the courtroom.

Purposes for Our Litigation Services: