DesaiHaribhakti announces alliance with FTI Consulting

MUMBAI: Domestic accounting and audit firm DesaiHaribhakti today said it has entered into a strategic alliance with FTI Consulting, a global business advisory firm, to enhance forensic and litigation consulting offering in the country.

Under the alliance, FTI Consulting will leverage DesaiHaribhakti's forensic accounting resources for their clients and enable DesaiHaribhakti to provide their clients with a range of investigations services in India and globally through FTI Consulting's worldwide network of offices, a release issued here said.

"We are confident that this will change the landscape of the forensic services offering in India," DesaiHaribhakti Group Chairman Shailesh V Haribhakti said.

As a combined offering, DesaiHaribhakti and FTI Consulting aim to help organisations minimise regulatory inquiries and proactively control fraud risk within the business through the prevention, detection, and investigation of fraud and misconduct and by avoiding and resolving disputes efficiently.

"Companies not only face fraud risks from within, but also when entering into business relationships with new parties, when acquiring another existing business entity or, investing in capital projects, especially those operating in different jurisdictions where local regulations may not be as explicit or tangible," FTI Consulting Managing Director, Global Risk and Investigations practice, Anuj Bugga said.