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Financial Fraud Investigation Techniques in Turkey: A Critical Approach to Combating Fraudulent Activities
As the Turkish economy continues to grow, so does the threat of financial fraud. With recent increases in security and privacy breaches, as well as the implementation of new laws and corporate governance requirements, it has become essential for organizations to focus on professional fraud investigation and prevention services.
Deloitte Turkey’s Fraud Management Solutions
Deloitte Turkey has emerged as a leading provider of fraud management solutions, boasting a team of certified professionals with extensive knowledge and expertise in their respective areas. The Deloitte Turkey fraud team consists of:
- Certified Fraud Examiners
- Certified Internal Auditors
- Certified Ethical Hackers
- Certified Information Technology Specialists
This multidisciplinary approach enables the team to tackle complex financial fraud cases from multiple angles, utilizing a range of techniques and legal evidence to gather critical information.
Investigation Techniques
In conducting investigations, Deloitte Turkey’s fraud team employs valid techniques and legal evidence, gathering:
- Documentation
- Electronic evidence through advanced technological tools
- Conducting suspect and witness interviews
The team ensures that all relevant parties are interviewed and all potential leads are explored to gather critical information.
Proactive Approach
Deloitte Turkey’s professionals have an in-depth knowledge of internal controls and expertise, allowing them to:
- Identify control deficiencies that may lead to fraud
- Provide recommendations on areas needing improvement
This proactive approach enables organizations to take necessary measures to prevent fraudulent activities from occurring in the first place.
Fraud Risk Management Services
Deloitte Turkey offers a range of services designed to help companies mitigate potential risks, including:
- Creating fraud management policies and procedures
- Performing fraud risk reviews
- Defining roles and responsibilities for fraud management
- Increasing fraud awareness through training programs
- Building business and ethics values within the organization
- Providing support for the development of tip-off mechanisms
Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) Services
Deloitte Turkey offers AML/CFT services designed to help financial institutions and other professional organizations comply with national and international obligations. These services include:
- Developing processes and creating checkpoints
- Formulating scenarios
- Assessing the efficiency of existing processes
Conclusion
In a statement, Kıvanç Çidam, Partner and Financial Advisory Services Leader at Deloitte Turkey, emphasized the importance of fraud investigation techniques in combating fraudulent activities.
“Our team is committed to providing top-notch fraud investigation services that not only identify fraud but also minimize its adverse effects on organizations,” he said.
Contact Information
For more information about Deloitte Turkey’s financial fraud investigation techniques and AML/CFT services, please contact:
- Kıvanç Çidam, Partner and Financial Advisory Services Leader
- Özlem Ulaş, Partner