ABS recently completed a forensic investigation for a Cleveland based house of worship. The ABS forensic team uncovered numerous unauthorized transactions of a suspicious nature. Included in the transactions were several payments that had the appearance of self-dealing. Tom Pratt led the team of investigators and authored a report for the board of directors which included several recommendations for strengthening internal controls and processes to avoid similar transactions being conducted in the future.
Applied Business Strategy (“ABS”) was retained to perform a forensic examination of a high-profile, Cleveland-based non-profit organization.
The ABS forensic accountants team assisted legal counsel to the non-profit in assessing the potential exposure of suspicious transactions, and interviewing key personnel to determine the extent of possible accounting irregularities.
ABS found that the suspicious transactions were not systemic in nature, but were the result of inadequate training.