UHY Advisors FLVS is a premier financial advisory practice that has cultivated a reputation in the areas of forensic accounting, dispute advisory, and financial valuations for more than 40 years. We have differentiated our practice through both deep technical expertise and unparalleled client service.
Our practice is staffed with a dedicated team of professionals who have successfully worked with law firms, corporate counsel, insurance companies, banks, other professional advisors, corporate officers, boards of directors, and business owners to deliver a comprehensive scope of services.
Because many of our engagements can be both critical and time-sensitive, we pride ourselves on deliverables that are accurate, defensible, and flexible. That is one reason the practice was named leading Forensics firm in 2012 by a major publication.
The scope of our services listed to the left demonstrates the breadth of our offerings; that breadth is enhanced by our national footprint, and in the case of foreign investigations and international assignments, through our access to professionals in more than 80 countries worldwide through our membership in UHY International. Additionally, our litigation and valuation experience in specific industries has provided key insights to augment the work flow for our clients who seek practical advice, not just data.
Electronic banking transactions via the Automated Clearing House (ACH) network are commonplace for even the smallest businesses. As the volume of ACH transactions increases, so does the likelihood of fraud.
The risk of fraudulent activity within a company is nothing new. According to the Journal of Accountancy, losses from fraud can total approximately 5 percent of annual revenues for a typical company. Over the years, Sarbanes-Oxley (SOX) and the Dodd-Frank Act have encouraged employers to address fraud through the development of a company-wide whistleblowing program. The Association of Certified Fraud Examiners recently reported that most cases of internal fraud were discovered in 2014 through employee tips, ranging from 34 to 45 percent of instances, based on the size of the company.
Payment fraud continues to be a growing threat. This type of fraud occurs when unauthorized transactions are made through identity theft, forgery, counterfeiting or other criminal activity.