Financial losses aren’t the only way in which businesses suffer as a result of corporate crime. The loss of reputation and business relations can do a great deal of damage indeed. PwC can support businesses in investigating criminal actions (fraud) through its constructive crisis and conflict management.
Corporate crime poses a real and substantial threat to the stability of any business. Often, an investigation starts with only an initial suspicion or an anonymous tip-off about a criminal act.
Investigatory bodies such as the Federal Financial Supervisory Authority (BaFin), the American Securities and Exchange Commission (SEC) or law enforcement agencies then independently continue investigations themselves.
The damage inflicted by corporate crime goes far beyond direct monetary loss. Intangible assets including business relationships, reputation and branding are essential elements of every business and can all be undermined by the occurrence or even the accusation of fraud.
When irregularities within the business are suspected it is important to act quickly, decisively and at the same time discreetly.
PwC's interdisciplinary teams of auditors, MBAs, lawyers, IT experts, civil and industrial engineers and former detectives and public prosecutors support businesses during internal investigations into criminal acts and provide constructive crisis and conflict management.
To raise employee awareness of the risk of corporate crime PwC runs training seminars with interactive software which are tailored to the specific needs of the business.
Years of experience and a global network aid PwC's experts in investigating problems efficiently. They support businesses in the prevention and disclosure of fraudulent acts and in processing claims.
PwC's approach to forensic investigations allows companies to concentrate on their core business, to recover lost assets and prevent losses in future. As auditors, PwC is fully committed to the principle of client confidentiality.
Leader Forensics PwC Europe
Tel: +49 69 9585-5552