CONTACT US

WayPoint, Inc.
4760 White Bear Parkway, Suite 201
White Bear Lake, MN 55110
651.702.0138
contact@waypointinc.com

We have worked for seven of the top ten law firms in Minneapolis as well as numerous mid and small size law firms as clients. We have been engaged by multi-national companies with billions in revenue and by numerous privately held companies. Below are brief case studies of some of our engagements:

• A public company that operated nationally was notified by its auditor that they had concerns over executive expense accounts. A review of the expenses for a four year period uncovered hundreds of thousands of dollars in improper personal expenses. The executive left the company, a SEC and federal law enforcement investigation followed in which we assisted the company.
  
  
• A County Probate Court retained us to perform a financial review of a professional conservatorship organization. As a result, we identified financial issues. More importantly, however, we identified an opportunity for the paper based financial reporting system to be replaced by a much more effective and efficient web based system. At the Court's request, we developed a white paper with a design for the web based reporting system that the Court is currently implementing. This has attracted national attention and the Judge recently spoke at a national American Bar Association and AARP sponsored symposium about the web based reporting system.
  
  
• At a multi-national company we performed a forensic review of expense reports of selected individuals. We identified numerous irregularities and then were asked to review the expense reporting and auditing system, to identify opportunities for improvement, which we did in a report to the company.
  
  
• A private equity firm retained us to investigate why an acquired company was not achieving the anticipated financial results. This included reviewing the prior financials for any possible misstatements as well as current operations and accounting.
  
  
• A privately held multinational company that was subject to a court imposed integrity agreement was required to have compliance audits of its business intelligence unit as well as its unclaimed property program. We were retained and prepared reports on both programs that were submitted to the monitor.
  
  
• An attorney defending a director of a corporation charged with criminal fraud requested us to provide forensic analyses to help him understand the financial realities of the situation. This involved analyzing entries through the general ledger, loan transactions and returns on investments.
  
  
• A credit union noticed irregular behavior by one of its senior loan managers. We performed a forensic review of the loan portfolio. Several fraudulent loans were identified but because of the timeliness of actions taken, no losses were suffered.
  
  
• A bank's external auditors identified a financial irregularity by one of the bank's trust department managers. A forensic review of the accounting records and operations was conducted, which was required by the auditors before they would complete their audit.
  
  
• At a multi-national corporation we performed a forensic review of an internal procurement operation. Evidence was developed of procurement fraud by a vendor leading to the identification of a multi million dollar loss. Numerous irregularities were uncovered and recommendations for the improvement of internal controls were noted.