Forensic & Risk Advisory Services

Key stakeholders want to know that an organization is on sound financial footing. Many require assurances that industry best practices regarding governance are being followed and internal controls are designed appropriately and are operating effectively. Calibre CPA Group can provide that assurance to your members, donors, board members and other key stakeholders with our forensic and risk advisory solutions. Our full spectrum of forensic and internal auditing services allow tax-exempt clients to effectively mitigate fraud and design and implement their organization’s fraud prevention processes and procedures.

Forensic and Risk Advisory Services

Every organization will be exposed to fraud at some point, making it critical to design controls and procedures to inhibit it. Calibre CPA Group’s experienced Certified Fraud Examiners provide fraud risk assessments that will identify and mitigate internal control vulnerabilities before they happen. In the event of a potential fraud, our team utilizes specialized forensic techniques, including those listed below, to uncover evidence of fraud and quantify the loss:

• Analyzing and investigating financial statements and reports for signs of irregularities
• Reconstructing events and activities involved in financial wrongdoing
• Auditing records, investigating inconsistencies and tracing assets
• Interviewing individuals who created, contributed to or reviewed records under analysis
• Analyzing income tax returns

Internal Audit Services

Calibre CPA Group uses a phased approach to our internal audit services. We help tax-exempt organizations of any size evaluate and improve their governance, risk management and internal controls with tailored, cost-effective solutions.

During the internal audit process, our experienced internal auditors will:

• Assist you in developing your internal audit plan
• Plan your initial steps for conducting an internal review
• Assess your current state of operations
• Document your critical processes
• Identify and design solutions for internal control gaps
• Develop and implement whistleblower programs
• Implement improvements and report on change
• Assist with the training of your internal auditors