Fraud & Forensic Accounting
Fraud examinations, transaction analysis, financial reconstruction, fraud risk assessments, and anti-fraud controls.
Independent advisory · Fraud · Forensics · Risk
Complex Matters.
Evidence-Based Answers.
Independent, senior-level expertise for organizations and counsel navigating fraud allegations, financial complexity, investigations, litigation, and critical governance challenges.
Explore Our ServicesConfidential InquiryAbout the firm
Judgment shaped by experience. Findings grounded in evidence.
Intell Risk & Advisory Group is an independent advisory practice focused on complex financial, investigative, governance, and risk matters. We bring a disciplined approach to fact-finding, financial analysis, and actionable recommendations.
Our work is designed for decision-makers who need clarity, defensible analysis, and direct access to experienced leadership.
Founder & Managing Director
Ray Romero, CPA, CIA, CFE, MBA
Ray brings more than two decades of leadership experience spanning internal audit, enterprise risk, financial governance, compliance, investigations, and advisory engagements.
His background includes Big Four and national advisory experience, corporate leadership, Audit Committee reporting, and international investigative interviewing across the United States, South Africa, Japan, South Korea, Brazil, and France.
20+ yearsAudit, risk, financial governance, and advisory leadership
CPA · CIA · CFE · MBAComplementary financial, audit, and fraud credentials
Our capabilities
Specialized advisory services
Engagements are scoped to the facts, the risks, and the decisions at stake.
Investigations
Internal and independent investigations, investigative interviewing, evidence evaluation, and reporting of findings.
Litigation Support
Financial analysis, document review, damages-related accounting analysis, and expert-witness support where appropriate to engagement scope and qualifications.
Internal Audit & Risk Advisory
Internal audit transformation, quality assessments, dynamic risk-based audit planning, continuous auditing, and governance support.
Complex Accounting
Complex transaction review, financial reporting issues, accounting investigations, and independent analysis of financial records.
Due Diligence & M&A
Targeted financial and operational due diligence, transaction-risk reviews, integration risks, and control assessments.
Fraud Awareness Training
Risk-based programs tailored to Boards, executives, finance, procurement, payroll, management, and employees.
Data Analytics & Monitoring
Red-flag testing across general ledger, payables, cash disbursements, payroll, and assets; continuous monitoring design.
Governance & Board Advisory
Clear reporting, independent assessments, and practical recommendations for senior management and Audit Committees.
Our approach
Evidence first. Conclusions that withstand scrutiny.
A rigorous process from initial allegation or risk signal to clear findings and practical next steps.
01 — DefineEstablish the questions, scope, stakeholders, and evidence needs.
02 — ExamineEvaluate records, transactions, controls, interviews, and corroborating information.
03 — CommunicateDistinguish facts from inferences; document limitations and communicate defensible findings.
04 — StrengthenRecommend targeted remediation, monitoring, and governance improvements.
Intell insights
Perspectives on fraud, evidence, and risk
Research, analysis, and editorial drafts developed for the INTELL publication library. These are working drafts, not previously published articles or completed interviews.
Predictive Analytics to Help Prevent Fraud
From historical signals to preventive intervention
Read the full draft →Dynamic Risk-Based Internal Audit
From annual planning to continuous risk intelligence
Read the full draft →A 90-Day Continuous Auditing Pilot for Accounts Payable
A focused path from periodic sampling to exception monitoring
Read the full draft →Financial Misstatement or Fraud? Why Intent Matters
Distinguishing errors, aggressive accounting, and intentional deception
Read the full draft →The Financial Cost of Occupational Fraud
Turning benchmark data into a practical prevention agenda
Read the full draft →From Fraud Red Flags to Defensible Evidence
A disciplined chain from anomaly to substantiated finding
Read the full draft →Textual Analytics in Fraud Investigations
Using unstructured records without losing context
Read the full draft →Corporate Fraud Awareness Training That Changes Behavior
Tailored learning for Boards, executives, and frontline teams
Read the full draft →Five High-Value Areas for Fraud Data Analysis
A starter testing library for finance and internal audit
Read the full draft →Statistics, Anomalies, and Investigative Evidence
An interview and research series in development
Read the full draft →Predictive Analytics and Medicare Claims: A Governance Case Study
Lessons from CMS and GAO reporting
Read the full draft →Contact
Discuss a complex matter in confidence.
For prospective engagements, litigation-related inquiries, or independent advisory support, contact the Founder & Managing Director directly.
Ray Romero, CPA, CIA, CFE, MBA
Founder & Managing Director
INTELL RISK & ADVISORY GROUP
Confidential inquiry
For initial inquiries, contact us by email at inquiries@intellriskadvisory.com.
Please do not transmit sensitive, privileged, or confidential case materials through an unverified channel. An initial inquiry does not establish a client relationship.
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