Follow the question without prejudging the answer.
An unusual pattern, unexplained payment or inconsistent record may justify closer examination. Each is a starting point for an investigation, rather than proof of a particular explanation.
A defined financial question helps focus the records to preserve and review. The work should keep documented events, possible explanations and unresolved issues clearly separated.
Questions this analysis can address
Which transactions require closer examination?
How do the records explain the movement of funds?
What remains uncertain or unsupported?
Scope may include
Transaction review
Examine entries relevant to the concern, including their timing and supporting documents.
Pattern analysis
Look for connections and exceptions while considering ordinary business explanations.
Document assessment
Assess what the records establish and which additional material could clarify the issue.
Findings and limitations
Record findings with their evidence, qualifications and unanswered questions.
How the analysis develops
The initial scope identifies the concern, relevant period, available systems and appropriate arrangements for handling information. Records can then be organised, reconciled and examined for transactions that require explanation.
An analytical pattern needs context. Conclusions should remain proportionate to the evidence and should not treat a missing document or unusual entry as proof of intention.
Before an engagement
What should an initial enquiry contain?
Describe the concern, the approximate period and the kinds of records available. Arrangements for preserving and securely exchanging relevant material should be agreed separately.
How is the scope established?
The initial discussion defines the question, the records available and the intended use of the analysis. Suitability, independence, responsibilities, fees and deliverables are agreed before work begins.
What should I send first?
Begin with a short description of the background, the question and any relevant dates. Arrangements for sharing confidential source records should be agreed separately.