In this article, the limitations of financial evidence in investigations are examined, highlighting how hidden intent, informal dealings and missing business context can affect investigative outcomes. It emphasises the need to combine forensic accounting, behavioural insights and professional judgment to uncover the complete story behind financial transactions.

In this article, corporate fraud prevention is examined through seven practical ideas for boards, auditors and regulators. It highlights the importance of anonymous reporting, independent audit committees, regular fraud risk assessments, controls over management override, continuous monitoring through data analytics, job rotation and background verification to strengthen organisational resilience against fraud.

Over decades of helping foreign companies establish themselves in India, I saw many expensive problems originate in decisions taken before incorporation. Commercial enthusiasm moves faster than regulatory and financial planning! Undue spendings follow. Sharper initial insights are key.