Anti-Corruption and Compliance
Doing business in the global marketplace presents a multitude of financial and operational challenges and can expose companies to a variety of risks including bribery and corruption activity. Companies that run in conflict of the Foreign Corrupt Practices Act and of other similar laws in foreign jurisdictions face challenging and potentially costly impacts on their business. Our professionals have assisted several clients with reactive anti-corruption investigations and proactive compliance matters. Our professionals assist clients in defending against government enforcement inquiries. We have significant expertise with high-profile and high-stakes government enforcement matters.
- Bribery and corruption investigations
- Monitor support
- Pre-acquisition due diligence
- Risk assessments
- Internal controls assessment and remediation
Asset Tracing
Gemean’s asset tracing specialists follow the full trail across financial accounts, corporate entities, and cryptocurrency wallets. Our asset tracing expertise spans more than 60 global jurisdictions, with hidden asset investigation capability covering traditional financial structures and digital assets. As asset tracing investigation professionals, we structure every engagement to support the legal remedies being pursued, including freezing orders, receivership appointments, and judgment enforcement.
We use tools to quickly identify and trace bad actors who can use more than 800 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, on the internet to conceal illicit activities. Our capability spans more than 80% of global virtual assets.
- Asset tracing and recovery
- Support receiverships
- Complex cross-border investigations
- Cash flow of funds and asset tracing methodologies
- Cryptocurrency tracing
- Analysis and reporting
Internal Controls & Risk Assessments
Internal controls play a critical role in public and private companies because they establish safeguards to an organization’s assets and minimize the opportunities to commit fraud and allow errors to go undetected. The ability to identify, assess, and test the effectiveness of critical internal controls is an integral part of assessing the overall compliance program. Internal controls are foundational to reliable financial reporting, and deficient controls can lay the groundwork or create the opportunity for future misstatement or misconduct.
- Regulatory investigations
- Independent monitorships
- Process improvement and remediation
- Information governance
- Periodic testing of controls through transaction testing
- Design of automated red flag routines
Internal Investigations
Organizations responding to crisis or allegations of misconduct are subject to intense scrutiny from regulators. In response, organizations are increasingly conducting proactive and reactive internal investigations to mitigate exposure, inform decision-making, and engage with stakeholders. Gemean supports clients with these investigations by combining forensic accountants, and data analysts provide a unique streamline process required for any particular investigation. Our professionals assist companies, governments, and regulatory authorities worldwide with legal counsel in conducting internal investigations related to the accuracy of financial reporting, accounting re-statement exercises, corruption investigations, and culture, conduct, and ethics issues.
- Fraud
- Embezzlements
- Ponzi schemes
- Bribery
FAQs
What does a forensic accounting consultant do?
A forensic accounting consultant applies specialized accounting, auditing, and investigative skills to analyze financial data in the context of disputes, fraud investigations, regulatory inquiries, and litigation. This includes reconstructing transactions, asset tracing, identifying misstatements, and presenting findings in a format suitable for legal proceedings. Gemean’s forensic accounting consultants have supported company boards, senior management, legal counsel, and government agencies across some of the most complex financial forensic investigation matters in recent years, integrating digital forensics and investigations capability into every engagement where the evidence trail extends beyond financial records.
What is the difference between forensic accounting and fraud investigations and a standard financial audit?
A standard financial audit is designed to verify the accuracy of financial statements and assess whether they conform to accounting standards. Forensic accounting and fraud investigations, by contrast, are conducted when fraud, misconduct, or financial crime is suspected. Forensic accounting and investigation work is adversarial in nature, designed to produce evidence that can withstand legal scrutiny. It involves deeper transaction analysis, data reconstruction, interviews, and findings structured for court presentation. A forensic accounting audit and investigation combines elements of both but is driven by a legal or investigative mandate rather than a compliance objective. Gemean’s forensic accounting consultants and forensic consultants structure every engagement to meet the evidentiary standard the matter requires from day one.
What types of matters do Gemean's forensic consultants handle?
Gemean’s forensic consultants handle anti-bribery and corruption compliance investigations, asset tracing and recovery, complex cross-border investigations, forensic accounting and fraud investigations, Ponzi scheme matters, internal misconduct inquiries, regulatory investigations, and independent monitorships. The firm also supports pre-acquisition due diligence and provides expert testimony in legal proceedings. As experienced forensics consultants, the team brings both investigative depth and courtroom credibility to every engagement. Gemean’s forensic accountant consultants work alongside digital forensics experts and data analytics professionals to ensure the financial analysis and the digital evidence trail are developed together rather than as separate tracks.
What is a financial forensic investigation and when is one needed?
A financial forensic investigation is a structured inquiry into financial records, transactions, and systems to identify evidence of fraud, misstatement, misappropriation, or other financial misconduct. Organizations need a financial forensic investigation when they face allegations of financial irregularity, are responding to a regulatory inquiry, are involved in litigation with a financial component, or are conducting pre-acquisition due diligence. Gemean’s forensic accounting consultants bring advanced data analytics and forensic data mining capabilities to accelerate the investigation process and surface relevant evidence efficiently, combining forensic accounting investigations expertise with AI driven investigation tools where applicable.
How does Gemean approach forensic accounting investigations involving cryptocurrency?
Gemean’s forensic accounting investigations in the crypto space leverage cutting-edge blockchain consulting and analysis tools capable of tracing activity across more than 800 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The firm’s blockchain advisory services and forensic capabilities span more than 80% of global virtual assets, enabling it to follow funds across complex cross-chain transactions, identify bad actors, and produce analysis suitable for regulatory submissions and legal proceedings. Gemean’s integrated approach combines forensic accounting and investigation methodology with blockchain consultancy expertise and asset tracing investigations capability in a single engagement.
What are forensics fundamentals and investigations and how does Gemean apply them?
Forensics fundamentals and investigations refer to the foundational principles that govern the collection, preservation, analysis, and presentation of evidence in legal and regulatory contexts. These include maintaining chain of custody, ensuring repeatability of methodology, applying defensible analytical techniques, and presenting findings clearly for non-technical audiences. Gemean applies these fundamentals across every engagement, whether the matter involves forensic accounting and fraud investigations, digital forensics and investigations, or complex organizational misconduct. The same principles that govern Gemean’s computer forensics consultant engagements govern its forensic accounting audit and investigation work, defensible methodology from the first collection decision to the final expert report.
Does Gemean provide forensic investigation audit services for compliance matters?
Yes. A forensic investigation audit combines forensic investigative methodology with compliance program review to assess the effectiveness of internal controls, identify weaknesses that may have enabled misconduct, and recommend remediation measures. Gemean conducts forensic investigation audit engagements for organizations responding to regulatory scrutiny, emerging from enforcement actions, or seeking to strengthen their compliance infrastructure proactively. These engagements draw on Gemean’s internal controls consulting, forensic accounting consultants, and GRC advisory services capabilities simultaneously, ensuring that the audit findings are tied directly to actionable compliance improvements rather than just identifying what went wrong.
What is forensic accounting and investigation?
Forensic accounting and investigation is the discipline that combines forensic accounting, digital forensics, and investigative methodology to reconstruct financial transactions, identify misconduct, and produce findings suitable for legal proceedings. Forensic accounting investigations cover fraud, embezzlement, asset misappropriation, bribery, and financial statement manipulation. Gemean’s forensic accounting consultants integrate digital forensics and data analytics into every forensic investigation engagement, ensuring that the financial analysis and the digital evidence trail are developed together rather than as separate tracks.
What is asset tracing and how does it work?
Asset tracing is the process of identifying, locating, and documenting the movement of assets that have been fraudulently transferred, misappropriated, or concealed. Gemean’s asset tracing services cover the full process from entity mapping and transaction reconstruction through cryptocurrency tracing and cross-jurisdictional asset investigation. Our asset trace investigation methodology is structured from the outset to support legal remedies including freezing orders, attachment orders, and receivership appointments.