There are many fraud prevention solutions to choose from, but are RSM audit services a legitimate way to fight fraud? Many have been duped into believing that the answer is yes.
While it is indeed a good choice for banks, other businesses, and even governments to have a firm check on the results of their outsourcing, it does not always work out as well as it was promised. It is vital that when a business hires an RSM Thailand company to audit its performance it does so with discretion. Otherwise, the value of the services may be compromised.
Most businesses are put off by the RSM audit services fees, which can be exorbitant. It is also possible to find a credible RSM audit services company in Thailand, however. This means that business owners should keep their eyes open for reputable consulting firms that offer affordable and legitimate RSM audit services.
What are some of the top firms that can help provide businesses with reliable and consistent audits? I spoke with a couple of them about their service. Here is what they had to say.
White Hat Consulting is a reputable RSM audit services company that focuses on non-existent incidents and provides customized solutions that can meet your business needs. The RSM consultancy team includes highly trained experts who work closely with the client to ensure that he/she is not caught in a situation that could lead to fraud. The objective of the consulting company is to assure clients that all transactions are conducted in the correct way.
“We understand the challenge you are facing with regard to fraud. We take the challenges as a great opportunity to educate our client about how to prevent it. We provide the best solutions in order to reduce risks and make your company’s processes and IT systems more secure and effective.”
As far as fraud in Thailand goes, C-EI Consultancy is known for their ability to provide ethical and competitive advice. The company’s research and development department is well equipped to provide the legal and regulatory authorities with up-to-date statistics on RSM practices in Thailand. They provide business clients with low-cost services as well as advanced cyber security measures.
E-Trust Consultancy offers both expert and general advice on information security in Thailand. The consultancy firm provides services that go beyond basic data integrity, risk assessment, auditing, and support. By educating the client about the complexities of e-commerce systems, the consultancy company helps them understand the threats and to guard against them.
The Foundation for Auditing the Thai Public Sector consists of Thai and international experts who can provide credible and ethical RSM audit services. Based in Bangkok, the foundation has been in operation since 2020 and is accredited by the United Nations Department of Economic and Social Affairs.
“We aim to create a secure environment where governmental services can be delivered, and where the public can remain informed about the workings of the government and other institutions. Our goal is to make the Thai public more safe and secure.” It seems that when RSM audit services are used correctly, they can help businesses in Thailand to remain as profitable as possible.
However, it is important to note that there are firms that provide such services without the necessary credentials. A legitimate RSM consultancy company in Thailand should be seen as offering the most accurate results and should include strong and evidence-based methodologies. One more thing, be wary of any claim that the company is only an auditing firm.
Don’t get fooled into thinking that RSM audit services are only to protect Thailand. Fraudulent consultants and companies in the country are looking to steal as much money as possible through fraudulent claims. While RSM audit services may offer the best solution to provide reasonable protection against fraud, keep an eye out for other services being offered that do not.