Forensic Accounting & Investigation – On Payroll Costs

Forensic Accounting & Investigator’s (FAI) Report is invariably used to support legal cases. FAI can provide expert testimony in courts, trial support in the direct or cross examination, evidence under BSA 2023 (Bharatiya Sakshya Adhiniyam), dispute settlement scenarios in arbitration and insolvency litigations. FAI work involves (a) gathering of documents, records, information & facts and (b) in-depth examination of evidence and correlation of events. FAI is not just an audit and it is a more detailed verification to provide evidence on irregularities & its impact. FAI work in payroll process is narrated in this article.