Forensic Accounting for Manufacturing Companies

At Turning Numbers, we help manufacturing businesses protect their operations through detailed forensic accounting services.

Our team uncovers fraud, resolves financial discrepancies, and investigates issues like inventory misstatements, vendor kickbacks, embezzlement, and inflated costs.

Call: 1-866-825-0342

Signs of Fraud in Manufacturing

At Turning Numbers, we analyze complex financial systems unique to the manufacturing industry—such as raw material purchasing, production expenses, and supply chain payments—to identify irregularities and improve financial accuracy.

Here are common signs of fraud in manufacturing that may indicate financial misconduct or internal control weaknesses:

1. Inventory Discrepancies

Unexplained shrinkage, inflated inventory levels, or mismatches between physical counts and records.

2. Unusual Vendor Activity

Duplicate or suspicious vendor payments, payments to unknown or related parties, or excessive sole-source contracts.

3. Employee Lifestyle Red Flags

Staff members living beyond their means or refusing to take vacations (which may conceal ongoing fraud).

4. Inflated Cost of Goods Sold (COGS)

Unusual spikes in production costs without corresponding volume increases, potentially used to hide theft or embezzlement.

5. Manipulated Financial Statements

Irregular revenue recognition, backdating transactions, or aggressive end-of-quarter accounting adjustments.

6. Unrecorded Liabilities or Off-the-Book Transactions

Missing documentation or off-ledger payments that suggest attempts to hide financial obligations or fraud.

7. Resistance to Audits or Oversight

Lack of transparency, delayed financial reporting, or denial of access to financial systems.

Identifying these red flags early can help prevent significant financial losses and reputational damage in manufacturing operations.

Book a Forensic Accounting Consultation

What to do if you suspect manufacturing fraud?

If you suspect fraud in your manufacturing operation, Turning Numbers can help you act quickly and decisively.

Our forensic accounting team will investigate financial records, vendor relationships, and inventory systems to uncover the source of discrepancies.

We provide clear, evidence-based findings that support internal decisions or legal action. The sooner fraud is addressed, the better your chances of minimizing financial loss and restoring operational trust.

With Turning Numbers, you get more than a report—you get peace of mind.

Why Choose Our Forensic Accounting Firm?

As a fully licensed forensic accounting firm, Turning Numbers brings a collaborative, methodical approach to every engagement. Our firm combines the precision of accounting with the critical thinking of investigation, delivering results that stand up in arbitration or court.

Let's get to the truth...

Contact Turning Numbers and Get to the Truth.

Schedule your confidential consultation with our expert forensic accountants today.

📞 Call: 1-866-825-0342

Numbers don’t lie—but they need a good interpreter.

Let’s turn your numbers into power.