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Funds missing from accounts? Suspicious
withdrawals? |
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Quantitative
AnalysisQuantitative analysis
can be performed to determine if there is a likelihood of fraud or
suspicious financial activity levels, or to calculate damages for
either a tort or breach of contract.
Features :
Fraud or
suspicious financial activity
Our fraud
examiners perform such procedures as:
Benford's Law Analysis - known as the DNA of financial analysis, there is a distribution of the
likelihood that the first digit of a number, within a large group of
numbers, has the numbers one thru nine: the lower the
digit, the higher the likelihood (the
probability that the first digit of a number is a 1 is 30.103% (0.30103), whereas the
probability that the first digit of a number is a 9 is only 4.576%
(0.04576). This can also be extended to subsequent digits.
Duplication of incoming or outgoing amounts of money:
determine if there is a reasonable explanation.
Rounding
of numbers: determine if an extraordinary quantity
of numbers seem to be rounded off.
Torts/Breach
of Contract
Examples of
this includes:
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Tort Examples |
Breach Of Contract Examples |
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Theft/Conversion
of Funds |
Employment/Insurance Contracts |
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Professional
Malpractice |
Failure to Pay or
Provide Services |
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Fraud |
Stock Sales or
Sales of a Business |
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Simple or Gross
Negligence |
Sale of Inventory |
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Slander/Libel/Defamation Of Character |
Real Estate or
Construction Contracts |
Our examiners are able to calculate damages relating to any of the above examples.
To request more information
click here,
or call 603-769-2017 or 1-800-644-0886
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