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Investigations

When allegations of fraud or other misconduct arise, or if your business is exhibiting signs of financial distress, you need answers quickly. BRI’s Investigation services leverage our core restructuring expertise, data analysis and modelling skills to uncover the source of misconduct and root causes of business under-performance and value destruction.

We conduct our investigations with discretion and in a manner that minimises disruption to your business. We also work with you to develop strategies designed to mitigate the risk of misconduct from recurring and optimise value creation opportunities.

Investigation services

We have been involved in a range of investigation engagements, including:

Data modelling and analysis
Financial reviews
Providing expert reports for civil or criminal proceedings
Quantifying fraud-related losses
Reconstructing financial records
Solvency reviews
Transactional reviews, asset tracing and recovery

PAST EXPERIENCE

Inquiry into Events at Earle Haven Retirement Village

We were appointed to to assist the Department of Health with its Inquiry into Events at the Earle Haven Retirement Village and their aftermath, following the retirement village’s collapse. We investigated and reported on the management and operational structure of the retirement village, the financial arrangements it had with a key outsourced service provider and the adequacy of controls it had in place to meet certain of its regulatory obligations. The majority of our recommendations for improved management of potential solvency issues in retirement villages were included in the Department of Health’s report to the Federal Minister.

Financial modelling

Our client, which operated multi-storey car-parking stations across Australia, was concerned with the accuracy of the information used to calculate the occupancy payable under the Parking Space Levy Act 2009. The investigation required Paul to first analyse and test the data being collated by the automated and manual car parking systems, understand the nature of the data collected and form a view as to the accuracy and reliability of that information. Given a number of observed errors in the data collected from the company’s car parking systems, Paul developed a series of complex financial models to replicate the parking levy calculation.