Richard H. Girgenti, the Forensic National Practice leader for KPMG LLP, suggests the following tips to improve international fraud investigations:
Assess investigation protocols and ensure that your board and audit committee are informed of all critical issues.
Have a single, global point of accountability for reporting fraud and misconduct.
Develop a written incident response document that includes a comprehensive set of protocols.
Evaluate legal requirements and the ability of your IT department to promptly retrieve data from systems in global locations.
Source: KPMG International’s Cross-Border Investigations: Effectively Meeting the Challenge , www.kpmg.com/Services/Advisory/Other/CrossBorder.htm.