We have performed several special audits, both prior to purchasing a company and in order to ascertain the facts related to fraud. Ascertaining fraud-related facts does not necessarily take much time, but addressing the court for finding a solution, is long-term and time-consuming process. We recommend avoiding the latter where possible, because producing evidence of more complex fraud cases is rather difficult in court.
Upon assumption of partnerships or purchase of shares the parties wish to gain more information about the company than specified in official annual report. The opinion of an independent expert is also necessary upon risk of fraud or disputes. In many cases auditor is used as such independent expert who inspects important issues.