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
Explore eleven articles on fraud, forensic accounting, investigations, internal audit, and evidence-based risk management.
Predictive Analytics to Help Prevent Fraud
How historical transaction patterns can help identify emerging fraud risks before losses occur.
Read article →Financial Misstatement or Fraud? Why Intent Matters
Why evidence of intent distinguishes accounting errors from deliberate financial deception.
Read article →From Fraud Red Flags to Defensible Evidence
A disciplined approach to turning suspicious activity into substantiated investigative findings.
Read article →The Financial Cost of Occupational Fraud
What occupational fraud benchmarks reveal about financial exposure and prevention priorities.
Read article →A 90-Day Continuous Auditing Pilot for Accounts Payable
A practical 90-day framework for monitoring accounts payable transactions and investigating exceptions.
Read article →Investigating Allegations of Corporate Fraud: From Initial Assessment to Defensible Findings
From the first allegation through evidence preservation, interviews, and defensible conclusions.
Read article →The Evolution of Internal Audit: Building a Dynamic, Risk-Based Operating Model
A modern internal audit model driven by continuous risk indicators and responsive audit priorities.
Read article →Fraud Risk Assessment: Connecting Schemes, Controls, and Financial Exposure
Connecting plausible fraud schemes, control effectiveness, and targeted analytical procedures.
Read article →Fraud Awareness That Works: Moving Beyond Annual Compliance Training
Building risk-based fraud awareness programs that change decisions and reinforce accountability.
Read article →Textual Analytics in Corporate Fraud Investigations: Uncovering Evidence in Unstructured Data
Using emails, interviews, and unstructured evidence to support corporate fraud investigations.
Read article →From Financial Evidence to Defensible Expert Opinions
Developing transparent, well-supported forensic accounting analyses for complex disputes.
Read article →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
Call (408) 782-4131 or email inquiries@intellriskadvisory.com to discuss a prospective engagement.
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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