Craig Mudaly

Craig has in excess of 24 years of experience within the risk, forensic audit and investigation disciplines. Craig is a Certified Fraud Examiner and holds a Certificate in Advanced Fraud Examination. He has been part of the planning and execution of numerous fraud and risk related engagements over the years.

His expertise includes extensive knowledge of South African legislation and regulations and the mechanisms of South African judicial system. He is proficient at understanding and managing client and stakeholder needs efficiently, focused on understanding and reporting within the spectrum of the forensic audit and risk environment. His expertise includes forensic audit and investigation, business risk advisory, fraud detection and prevention, internal control environment reviews, business systems’ process analyses, crisis management and dispute resolution.

He has been extensively involved in many large private and public sector forensic audits, including, national government departments, provincial government departments, municipal departments and both national and provincial state-owned entities. Craig is recognised as a highly trained and skilled professional within the forensic audit profession. His professional, interpersonal, intercultural and consideration of the politically sensitive environment within which forensic audit engagements are conducted ensures appropriate and risk-based delivery of forensic audit deliverables, which includes, attention to inherent forensic audit reporting risks which may lead to inadvertent and adverse consequences to the client.

His management approach is consequent on results-driven methodology, consideration of the commensurate cost-benefit effect to clients during the application of time and resources, resulting in the planning and development of constructive systematic goals and driving the forensic audit process for the purposes of efficient project management.

Director - FORENSIS - Johannesburg/Durban

(2016-07)

• Provide business risk advisory in terms of assessments that reduce risk of fraud, and to improve business control efficiency. Processes include among others:
• Review of business processes.
• Review of internal control environment and implementation of processes to mitigate/eliminate identified deficiencies.
• Implement fraud prevention policies that efficiently, effectively, and economically prevent, detect and investigate fraud and other financial crimes.
• Assessment of predication prior to pursuit of assignments.
• Assisting clients in restructuring and upskilling staff in internal forensic audit divisions.
• Developing forensic audit methodologies and procedures.
• Business development and client acquisition.
• Strategic planning and risk management planning.
• Client management and project oversight functions.
• Fraud investigation that includes planning, applying forensic audit procedures, preparing and presenting forensic reports, and liaising with police.
• Perform initial client assessment/analysis to begin research processes.
• Assisting law enforcement and legal counsel in civil and criminal application preparations.
• Provide financial audit assistance; assisting audit division in investigating identified risks or documented irregularities.

Senior Consultant - Deloitte - Johannesburg

(2010-03 - 2011-03)

• Conducting financial analyses (including payment analysis) to identify anomalies and determine eventual destination of misappropriated funds.
• Investigation of misappropriation of assets by employees; bribery and corruption; non-compliance with regulations or provisions of contracts; and fraud perpetrated by vendors/ suppliers and other third parties.
• Execution of information gathering and preservation.
• Conducting interviews of alleged suspects and relevant parties.
• Financial audit assistance.

Senior Associate - Crowe Southern Africa - Johannesburg

(2007-03 - 2010-03)

• Liaising with clients in order to understand to execute project plans in line with clients' needs.
• Application of data analytic techniques in order to detect possible fraudulent activity; identification of irregular transactions/suspicious trends and anomalies.
• Performing critical project management duties in the planning, scheduling, coordinating, reviewing and reporting of the work of teams.
• Planning, assigning and supervising the daily activity and work of other professionals.
• Developing and maintaining productive client and staff relationships.
• Developing procedures and methodology and programs in respect of achievement of specific objectives.
• Managing client relationships on a day-to-day basis.
• Contributing to the personal development of engagement team members.
• Review of the working papers throughout the duration of the assignment.
• Determine deficiencies within operational as well as support service business processes and advising on internal control issues.

Forensic Audit Trainee / Junior Consultant / Consultant - Ramathe Fivaz - Johannesburg

(2002-08 - 2007-03)

• Fraud investigation, including, applying forensic audit procedures, preparing forensic reports and assisting police in preparing cases for prosecution.
• Additionally, duties included:
• Conducting basic lifestyle audits of suspected perpetrators.
• High level business process and risk analysis.
• Desktop forensic investigations.
• Gaining a broad understanding of types of offences, accounting systems, employee responsibilities and business processes.
• Preserving records and other evidence.
• Developing a work plan for forensic investigations.
• Considering and carrying out basic data analytics, email review and review of records and transactions.
• Conducting information-gathering interviews.
• Conducting investigative interviews.

Advanced Certificate in Fraud Examination - FASSET (2010)

Certified Fraud Examiner - CFE - Association of Certified Fraud Examiners (2009)