Recognized Forensic Audit Firm in Mumbai
In an era of increasing regulatory scrutiny and rising stakeholder expectations, fraud and financial misconduct pose a significant threat to organizations whether initiated internally or externally. As one of the most trusted forensic audit firm in Mumbai, we specialize in delivering discreet, data-driven, and multidisciplinary Forensic Audit & Investigation Services to help clients prevent, detect, and respond to fraud, misconduct, and control breaches.
Our seasoned forensic professionals combine deep expertise in forensic accounting, regulatory compliance, digital forensics, KYC/AML, and fraud risk assessment. Whether you’re addressing a whistleblower complaint, investigating financial anomalies, or developing enterprise-wide fraud prevention frameworks, we equip your leadership, legal, compliance, and audit teams with actionable insights and evidence-based findings.
From rapid response investigations to long-term remediation strategies, our fraud risk management firm builds services around confidentiality, legal defensibility, and alignment with global best practices. As a trusted Fraud Risk Management Firm, we deliver actionable insights, sustainable risk controls, and expert guidance ensuring your organization is prepared, protected, and positioned for compliance and resilience.
Key Regulations & Frameworks Reference:
- Companies Act, 2013 (Sections 134, 143, 177 – Fraud Reporting & Vigil Mechanisms)
- SEBI LODR (Whistleblower, Related Party Transactions, Risk Management)
- Prevention of Corruption Act, 1988 (as amended)
- Prevention of Money Laundering Act (PMLA), 2002
- ISO 37001 – Anti-Bribery Management Systems
- Institute of Internal Auditors’ (IIA) IPPF – Fraud Risk Management
- COSO Fraud Risk Management Guide
- OECD Guidelines for Responsible Business Conduct
Our Expertise Includes
Our forensic accounting services involve a meticulous investigation into financial records, transactions, journal entries, and underlying documentation to identify suspicious patterns
When fraud is suspected—be it misappropriation, collusion, embezzlement, or manipulation of business records—swift, discreet, and expert intervention is essential. At JVB, we lead complex fraud
When a whistleblower raises concerns—whether anonymously or through internal channels—it is imperative to act with integrity, confidentiality, and independence. We provide objective
n today’s digital age, critical fraud evidence often resides in emails, hard drives, mobile devices, or cloud-based systems. We partner with leading digital forensic specialists to collect, preserve
We help organizations identify potential reputational, regulatory, or financial risks associated with third parties—including vendors, agents, intermediaries, and customers—before and during their
Rather than wait for fraud to happen, leading organizations invest in prevention. We assess your organization’s fraud risk posture, identify vulnerable processes, and design frameworks that promote
JVB’s Fraud Risk Management Program empowers organizations to proactively identify, prevent, and respond to fraud risks. With our forensic expertise, we help establish a culture of integrity
Forensic Accounting & Transaction Reviews
Our forensic accounting services involve a meticulous investigation into financial records, transactions, journal entries, and underlying documentation to identify suspicious patterns, anomalies, or possible fraud. This service is especially critical in cases of financial misreporting, fund diversion, asset misappropriation, or vendor fraud.
We go beyond surface-level audit techniques leveraging deep financial analysis, ledger scrutiny, and advanced forensic tools to pinpoint manipulation, concealment, or misclassification of data. Whether driven by whistleblower alerts, audit findings, or regulatory concerns, our work provides actionable insights and supports legal recourse where needed.
What We Do:
Analyse general ledgers, trial balances, and transactional records for anomalies
- Identify fictitious entries, round-tripping, revenue inflation, or suspicious write-offs
- Trace flow of funds to detect hidden beneficiaries or off-books transactions
- Review vendor/customer accounts for duplications, ghost entities, or conflict of interest
Deliverables:
Forensic accounting report with supporting documentation
- Quantification of suspected irregularities with source level analysis
- Timeline reconstruction of key financial events or manipulations
- Recommendations for accounting process and control improvements
Fraud Investigation & Misappropriation Analysis
When fraud is suspected be it misappropriation, collusion, embezzlement, or manipulation of business records swift, discreet, and expert intervention is essential. At JVB, we lead complex fraud investigations with a multidisciplinary approach combining forensic accounting, interviews, evidence analysis, and legal preparedness.
Our scope includes both employee-level and management-level fraud, including expense falsification, payroll manipulation, siphoning of funds, unauthorized approvals, and misuse of company assets.
What We Do:
- Conduct detailed tracing of financial flows and recovery analysis
- Identify fraud modus operandi (scheme mapping, document alteration, collusion)
- Collaborate with HR, Legal & Audit Committees to structure investigations
- Provide post-incident recommendations for control redesign and process tightening
Deliverables:
- Investigation report admissible in legal, regulatory, or disciplinary forums
- Timeline of events with evidence references (emails, approvals, logs)
- Statement matrices (based on interviews and documentation review)
- Recommendations for recovery, legal action, and control strengthening
Whistleblower Allegation Investigation
When a whistleblower raises concerns whether anonymously or through internal channels it is imperative to act with integrity, confidentiality, and independence. We provide objective and professional investigation support for whistleblower complaints that relate to financial misconduct, conflict of interest, harassment, or control override.
We design frameworks to evaluate the credibility of complaints, collect evidence without alerting the implicated parties, and ensure whistleblower protection as per regulatory expectations.
What We Do:
- Review complaints and categorize risks (financial, ethical, operational)
- Conduct discreet interviews and process walkthroughs
- Perform digital or physical evidence reviews (e.g., approvals, logs, transactions)
- Recommend disciplinary or remedial actions where applicable
Deliverables:
- Investigation summary with substantiation ratings (credible / unsubstantiated / partial)
- Audit trail of actions taken with legal documentation
- Root cause analysis and policy alignment review
- Recommendations for policy, control, or training interventions
Digital Forensics & Device Investigation
In today’s digital age, critical fraud evidence often resides in emails, hard drives, mobile devices, or cloud-based systems. We partner with leading digital forensic specialists to collect, preserve, and analyse digital evidence using industry-standard tools and protocols.
This service is crucial in cases involving IP theft, unauthorized access, email manipulation, misuse of official devices, or data leaks.
What We Do:
- Image capture and forensic analysis of employee systems or devices
- Email header and conversation trail reconstruction
- Metadata review to identify unauthorized downloads or file deletions
- Mapping of data flow from device to external storage or recipients
Deliverables:
- Forensic chain-of-custody report
- Device access logs and email evidence summaries
- Screenshot logs and file modification histories
- Recommendations for IT access control strengthening and digital risk mitigation
Third Party Risk Assessment Service
We help organizations identify potential reputational, regulatory, or financial risks associated with third parties including vendors, agents, intermediaries, and customers before and during their engagement. Our due diligence services include both onboarding and periodic reviews, aligned with global KYC/AML standards and India-specific requirements (RBI, SEBI, PMLA).
This is especially valuable in regulated industries or large vendor ecosystems where shell companies, related party transactions, or sanction risks are possible.
What We Do:
- Perform legal ownership and background checks (ROC, MCA, litigation databases)
- Validate KYC documents, PAN/GST registration, and address verifications
- Screen against global watchlists, adverse media, PEPs, and AML risks
- Review third-party compliance history, ESG risk flags, and financial stability
Deliverables:
- Due diligence report with KYC/AML flags and risk ratings
- Sanctions screening logs and beneficial ownership identification
- Conflict of interest analysis (where applicable)
- Ongoing monitoring framework and periodic update logs
Fraud Risk Assessment & Prevention Frameworks
Rather than wait for fraud to happen, leading organizations invest in prevention. We assess your organization’s fraud risk posture, identify vulnerable processes, and design frameworks that promote integrity, detect red flags early, and strengthen overall governance.
This includes aligning with frameworks such as the COSO Fraud Risk Management Guide, IIA Standards, and regulatory expectations from SEBI, RBI, and Companies Act.
What We Do:
- Conduct fraud risk workshops with business and compliance stakeholders
- Prepare fraud risk heat maps and process vulnerability matrices
- Design or upgrade ethics frameworks, whistleblower policies, and fraud SOPs
- Train key personnel on fraud indicators, escalation protocols, and deterrence strategies
Deliverables:
- Fraud Risk Register linked to processes and controls
- Preventive control design blueprints with RACI alignment
- Red flag indicator library tailored to your business/industry
- Fraud training decks, ethics policies, and communication strategies
Fraud Risk Management Program
JVB’s Fraud Risk Management Program empowers organizations to proactively identify, prevent, and respond to fraud risks. With our forensic expertise, we help establish a culture of integrity through well-defined policies, awareness initiatives, and embedded risk controls ensuring that fraud prevention becomes a part of day-to-day operations, not just a reactionary measure.
What We Do:
- Develop fraud and ethics policies, including whistleblower frameworks
- Conduct fraud risk assessments with risk-control mapping
- Integrate fraud risk into audit plans and SOP
- Provide support on fraud detection, monitoring, and investigation
Deliverables:
- Tailored Fraud Risk Framework and Policy Set
- Risk Control Matrix (RCM) for fraud scenarios
- Red flag indicators and awareness tools
- Investigation support protocols