The primary purpose of financial transaction investigation is to identify and document specific evidence involving the movement of money, usually as part of a broader investigation into misconduct, irregularities, bribery, corruption, fraud, embezzlement, money laundering or other criminal activity that revolves around money.
Financial transaction investigations require a multidisciplinary approach involving forensic accountants, financial investigators, litigation experts, digital forensic, cyber investigation and intelligence analysts. These types of investigations are typically document-intensive, involving the meticulous examination of hundreds, thousands or even tens of thousands of records, files, receipts, logs, accounts, books, agreements and documents in order to:
Determine what really happened
Answer specific questions about the flow of money, such as:
Where did the money came from? (tracing it back to its original source)
Where is the money now?
Where has the money been?
Where is the money going?
Recreate or reconstruct complex financial and transactional data
Assess internal control and remediation
Formulate an asset recovery plan
Identify, secure, collect and collate additional evidence