A forensic audit is a specialized examination of financial records to detect, investigate, and prevent fraud, embezzlement, or other financial misconduct. Unlike standard audits that focus on verifying financial accuracy, forensic audits are investigative in nature and often support legal proceedings.
These audits are typically triggered by suspicions of irregularities such as financial statement manipulation, asset misappropriation, or bribery. Businesses may also commission forensic audits during mergers, litigation, or when dealing with regulatory investigations.
In Malaysia, forensic audits are essential for companies facing internal disputes, regulatory scrutiny, or allegations of financial misconduct. The findings of a forensic audit can be used as evidence in court or during arbitration.
Key components of a forensic audit include:
- Transaction tracing
- Digital evidence analysis
- Interviews and document review
- Identification of red flags and anomalies
At Jamal, Amin & Partners has experienced forensic auditors who understand both the legal and financial aspects of investigations. We conduct thorough, discreet, and defensible audits that withstand legal scrutiny.
In conclusion, a forensic audit is a powerful tool for uncovering fraud, resolving disputes, and strengthening internal governance. It’s not just about finding problems—it’s about protecting your company’s integrity and future.