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Respond to allegations of fraud and illegal acts

The price of fraud

Fraud does more than dilute the bottom line: it betrays shareholder trust, erodes employee morale and mars public perception of your brand. Without mechanisms in place to counter financial wrongdoing by insiders, the fallout can give stakeholders serious, perhaps relationship-ending misgivings and jeopardize your business. But prosecuting isolated acts of malfeasance falls short of the mark. A superior strategy scrutinizes areas susceptible to exploitation from the ground up, identifies their inherent vulnerabilities and eliminates opportunities to exploit them.

An ounce of prevention

All too often, fraud is discovered too late. In some cases, its damage is irreversible. Managers should never take the entity's security for granted. Compliance with regulatory requirements is not enough, and internal controls, susceptible to collusion within the organization, can be circumvented, creating further vulnerabilities. PwC's Forensic Service professionals help neutralize such threats to keep fraud in check.

 

Contact us

Cyril Azobu

Cyril Azobu

Partner & Advisory Leader

Tel: +234 1 271 1700

Eyita Otudor

Eyita Otudor

Senior Manager

Kingsford Arthur

Kingsford Arthur

Associate Director, Ghana

Tel: +233 30 2761500

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