The scheme consists in bypassing the control system
Posted: Wed Jun 18, 2025 3:15 am
As a solution to this issue, a forensic procedure was applied to determine the real financial result for the last three years, all mutual settlements between partners were confirmed, the real value of the company's assets was derived, and the shares of each partner were assessed.
Conclusion: transparent accounting is a must-have for every business. If you neglect this, you will have to spend a significant amount of time conducting forensic procedures.
Trend #3:
Checkup of the internal control system, which includes: cybersecurity, financial security, legal security and physical security.
So, recently, one of the TOP-5 owners from the Forbes list approached me with a request to check the efficiency and potential risks in the procurement system. According to the results of the Forensic procedure, numerous risks were identified, for example:
A scheme was identified - (Salami is like cutting pieces of salami) - in terms of concluding special database contracts with a long chain of approval for material amounts, instead, the system of approval of amounts is simplified by concluding contracts for intangible amounts with the help of dozens of additional agreements, and so in the end the result is a significant amount, but the chain of approval is very small.
Or, for example, opaque accounting and procurement systems, where, for example, components that are in excess in the warehouse are constantly ordered: you ask, why?
And in order to get larger amounts of kickbacks from the supplier.
Therefore, the customer company suffers from such schemes, because the company's liquidity is diverted due to this.
And for the rest, procurement - where a tender is played in which the company with the best price wins, but only for several positions, where for one loan from the same company the price is quite high, which covers its low prices for other positions, and with the rest, plus on minus gives a big plus, but unfortunately in favor of the customer.
Conclusion: transparent accounting is a must-have for every business. If you neglect this, you will have to spend a significant amount of time conducting forensic procedures.
Trend #3:
Checkup of the internal control system, which includes: cybersecurity, financial security, legal security and physical security.
So, recently, one of the TOP-5 owners from the Forbes list approached me with a request to check the efficiency and potential risks in the procurement system. According to the results of the Forensic procedure, numerous risks were identified, for example:
A scheme was identified - (Salami is like cutting pieces of salami) - in terms of concluding special database contracts with a long chain of approval for material amounts, instead, the system of approval of amounts is simplified by concluding contracts for intangible amounts with the help of dozens of additional agreements, and so in the end the result is a significant amount, but the chain of approval is very small.
Or, for example, opaque accounting and procurement systems, where, for example, components that are in excess in the warehouse are constantly ordered: you ask, why?
And in order to get larger amounts of kickbacks from the supplier.
Therefore, the customer company suffers from such schemes, because the company's liquidity is diverted due to this.
And for the rest, procurement - where a tender is played in which the company with the best price wins, but only for several positions, where for one loan from the same company the price is quite high, which covers its low prices for other positions, and with the rest, plus on minus gives a big plus, but unfortunately in favor of the customer.