Economic investigations and expert opinions
Owners, members of supervisory and management boards may ask themselves the following questions:
- is there any risk of embezzlement or any other irregularities in the organisation?
- are operational and financial procedures sufficient to uncover dubious transactions and prevent them?
- have any accounting or reporting problems occurred making the financial result different from the planned one?
- does the transaction of takeover of a business entity that you have just finalised contain joker clauses that may put the company at risk of incurring unforeseen costs?
- why one specific supplier is always awarded contracts in the most important tender procedures?
- can an exceptionally strong personality of the company managing director have a negative influence on the internal control environment and create a potential for irregularities?
- does the procurement manager maintain too close contacts with suppliers?
- is the standard of living of the director responsible for tender procedures better than his potential income would allow?
- are the incurred capital costs getting out of control?
- can the company that has just been taken over lose its major customers?
If you reply positively to any of the aforementioned questions or if the company contend with other problems of legal or financial nature, PricewaterhouseCoopers can offer its expertise and experience required to solve them.
How can we help your Company?
The Polish team is an integral part of the world economic investigation team consisting of 1,300 specialists.
Our consultants include engineers, economists, lawyers, insurance specialists, former employees of law enforcement bodies as well as accountants and financial advisors. So we combine financial accountancy expertise with investigation skills and specialist industry competence, thus creating an international network of experts knowing local legal and financial systems.
The economic investigation team provides their support focusing on three elements:
- investigation being a process of thorough gathering of data and information about a potential source of the problem. We collect all the essential financial and non-financial data (e.g. connections between suspects, conflicts of interests, testimonies of employees and informers, surveys about persons or companies). We use modern techniques and technologies (e.g. recovery of data deleted from discs).
- analysis of the gathered evidence taking legal and financial issues into consideration that results in reports presenting key problems and our opinions about issues in question (e.g. explaining the crime mechanism and naming responsible persons)solutions optimum for a given situation that may include taking appropriate measures against the responsible persons, instituting a civil or criminal proceedings, recovering the lost assets and also presenting recommendations in order to protect the organisation against malpractice and crimes in the future.
