neeraj aarora cyber_lawyer_forensic audit
TRANSCRIPT
3/12/2015 n e e r a j a a r o r a 1
By Neeraj AaroraFCMA, CEH, CCNA, CFCE, LLB, MBA (IT)
Traditional Auditing fails to unearth financial
irregularities;
Complex Trade Pattern with Transnational Nature;
Corporate Frauds in India;
Enhanced Compliance Requirement;
Transparency Requirement;
Risk Management
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Effective Governance
Compliance
Third Party Obligations
Litigation Support
Investigation
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Forensic Auditor as Expert Witness:
Section 45 Evidence Act
Admissibility of Report:
Admissible Evidence
Computer Evidence
o Section 65B Evidence Act;
o Section 2 A Bankers Book of Evidence Act.
Standard Procedures:
Standards as Benchmark
Acceptable Practices
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Anvar P.V. Vs. P.K. Basheer and Others [MANU/SC/0834/2014]
The Supreme Court held:-
o Original electronic record admissible as primary evidence.
o Certificate U/S 65B Evidence Act shall ensure safeguard asto the source and the authenticity of the electronicevidence.
o If no certificate U/S 65B, no expert opinion is notadmissible.
o If no certificate U/S 65B, no oral evidence can be resorted.
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Debit & Credit
Business Method
Bit & Byte Admissibility
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Multi-Disciplinary Specialization
Knowledge of Information System Audit like Law,
CISA etc.
Knowledge of Forensic Audit Process, CFE
Computer Forensic/Network/Server
Domain Knowledge/Exposure
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Specific Methodology
Accounting & Industry Standard
Legal Framework
Information System Standard
Adherence to Standards:-
Fyre Vs. United States
Daubert Vs. Merrell Dow Pharmaceuticals
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Define Objective
Formulation of Strategy
Discovery
Understanding Business Process
Information System Analysis
Collection of Documentary/Electronic Information
Analysis
Finding the Gaps
Interpretation of Business Transactions
Systematic Review and appraisal of factors to meet the objective of the audit
Reporting
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Audit
Law & Standard
Information System
Business Method
Investigation Analysis
Reporting & Proving
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Complex Transactions/Process
Information System Audit/Cyber Forensic/Cloud
Computing.
Dynamically Changing Technology
Digital Evidence-Admissibility Issues
Cross Border Transactions
Humongous Data/Methods
Privacy Issues
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In Demand
Excellent Rewards
Multinational Firms Vs Domestic Firms
Expert Witness
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•Effec•Effec
Prevention of Money Laundering (PMLA)
Central Bureau of Investigation (CBI)
Enforcement Directorate (ED)
Serious Fraud investigating Organization (SFIO)
Economic Offences Wing (EOW)
SEBI/FMC/Banks/Financial Institutions
MNCs/Corporate Action
Courts
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E-mails: [email protected]
Websites: www.forensicveda.com, www.neerajaarora.com
© HAZEN LEGAL ASSOCIATES, 2013 All Rights Reserved