ACFE Calgary - Intercompany Transfers and the Movement of Value

Intercompany Transfers and the Movement of Value

The presentation explores how intercompany transfers within closely controlled corporate groups can obscure the true movement of value among entities. We discuss how fraud examiners can assess these patterns using financial-statement information when detailed ledgers or transaction level data are unavailable. Drawing from forensic accounting experience, the session outlines practical indicators related to direction of value, authorization and oversight, stated purpose versus transactional behavior, and timing around periods of financial stress.

Speakers:

Destin Di Giovanni, CPA, CA, CBV, CFE

Destin Di Giovanni is a Senior Manager in Deloitte Canada’s Disputes and Claims practice in Toronto. His work focuses on forensic accounting, business valuation, and the quantification of economic losses in litigation and claims. Destin is a member of the Chartered Professional Accountants of Ontario, the Canadian Institute of Chartered Business Valuators, and the Association of Certified Fraud Examiners.

Omar Metwali, CPA, CFE

Omar is a Senior Consultant in Deloitte Canada’s Disputes and Claims practice in Toronto. His work focuses on forensic accounting, business valuation, and the quantification of economic losses in litigation and claims. Omar is a is a member of the Chartered Professional Accountants of Alberta and the Association of Certified Fraud Examiners.

Stacey Greenbaum, CPA, CA, CIRP, LIT

Stacey Greenbaum is a Director in Deloitte Canada’s Restructuring and Turnaround practice in Toronto. Her work focuses on formal insolvency proceedings through the Bankruptcy and Insolvency Act, as well as large scale operational turnaround projects and other out of court restructuring matters. Stacey is a member of the Chartered Professional Accountants of Ontario and is a Licensed Insolvency Trustee.