RISK24 Forensic
Fraud, leakage and irregularity detection across the full population.
For internal audit, compliance, the CFO
RISK24
AI risk, tax and deal intelligence.
Upload the company's financial and tax data once, then review it through a forensic, tax or transaction lens — on one shared foundation, with one evidence trail.
Five modules, not five products. The same ledger that reveals a fraud pattern also carries a withholding-tax exposure, a historical liability and an EBITDA adjustment — RISK24 is built to see all four in one transaction.
DomainForensic · tax · transactions
ModulesForensic · Tax Review · Tax DD · FDD · Deal Room
CoverageFull population, not samples
MethodsRules, statistics, ML, graph
OutputScored findings with evidence
PositioningAI workbench — a qualified professional signs the opinion
Data room→Foundation→Forensic→Tax→Deals→Unified report
The problem
The same data is extracted four times, by four teams, who never compare notes
Internal audit pulls the ledger for fraud testing. The tax team pulls it again for a health check. A buyer's adviser pulls it a third time for tax due diligence, and a fourth for quality of earnings. Each builds its own extraction, its own mapping, its own spreadsheet — and each sees one facet of the same transaction.
RISK24 does the ingestion, normalisation and evidence linking once. The lenses are what change.
One transaction, four findings
An unusually high management-service payment to a related party:
Forensic lens
Possible related-party conflict, or a service never rendered.
Tax lens
Deductibility challenge and withholding-tax exposure.
Tax DD lens
Historical liability across open years, plus penalty and surcharge.
Financial DD lens
A normalisation adjustment that moves EBITDA — and the price.
Four teams would each find one. The platform reports all four against the same transaction, with the same evidence.
The modules
Five workspaces on one data foundation
01
02
RISK24 Tax Review
A continuous tax health check — exposure found while it can still be corrected.
For the tax director, CFO, accounting firm
03
RISK24 Tax DD
Historical tax liabilities identified and priced before a transaction closes.
For buyers, investors, legal and financial advisers
04
RISK24 Financial DD
Earnings quality, working capital and net debt, tested against the ledger.
For PE funds, corporate buyers, advisers
05
RISK24 Deal Room
Requests, evidence, findings and reports managed in one place.
For the deal team and the target company
One data room, multiple reviews
The foundation is the product
Input
Company data room
Shared
Data foundation
Lens
Forensic review
Lens
Tax review & TDD
Lens
Financial DD
Output
Unified risk & deal report
What the foundation does once
So no module rebuilds the same ingestion and analysis.
OCR and document extraction
Chart-of-accounts mapping
Ledger normalisation
Entity and counterparty resolution
Contract-to-transaction matching
Reconciliation and data-quality testing
Evidence linking
Risk scoring
Audit trail and reviewer approval
What it reads
All four reviews draw on the same material.
Trial balance and general ledger
Financial statements
Tax returns and reconciliations
Sales and purchase invoices
Accounts receivable and payable
Payroll and employee data
Fixed assets
Contracts and related-party transactions
Bank statements
Corporate structure
Management accounts and forecasts
Inside the modules
Tax Review
A continuous health check, not a transaction-only exercise.
Corporate income tax reconciliation
VAT output and input matching
Withholding-tax testing
Payroll and personal income tax testing
Fixed-asset depreciation review
Deductible and non-deductible classification
Tax-loss and incentive validation
Related-party transaction review
BOI condition monitoring
Stamp duty and specific business tax
Filing-to-ledger reconciliation
Late filing, penalty and surcharge calculation
Reports exposure by tax type and year, with principal, penalty and surcharge, the supporting transactions, the legal basis, and an amended-filing plan.
Tax Due Diligence
Turns tax findings into transaction consequences.
Multi-year historical exposure analysis
Statute-of-limitation tracking
Change-of-control tax analysis
Tax-loss usability assessment
Tax incentive continuity
Related-party and transfer-pricing exposure
Permanent-establishment risk
Uncertain tax-position register
Probability-weighted exposure estimation
Warranty and indemnity recommendations
SPA tax-clause assistant
Post-acquisition remediation plan
The output is a deal decision, not just a list of problems: exposure range, recommended retention, and the matters needing a specific indemnity.
Financial Due Diligence
Earnings quality tested against the ledger, not the deck.
Quality of earnings
Reported-to-adjusted EBITDA bridge
Non-recurring item detection
Revenue recognition and cut-off testing
Customer and supplier concentration
Gross-margin analysis
Working-capital normalisation
Net debt and debt-like items
Cash conversion analysis
Monthly trend and seasonality
Budget-versus-actual reliability
Forecast stress testing
Delivers adjusted EBITDA, the working-capital target, a net debt schedule, a deal issue register, price-adjustment scenarios and questions for management.
Signature capabilities
What only a shared foundation can do
01
Cross-Lens Finding Engine
One issue analysed for fraud implication, tax consequence, EBITDA and working-capital impact, valuation effect and the SPA protection it warrants.
02
AI Deal Investigator
Ask why EBITDA rose while operating cash fell, or which expenses are both non-deductible and non-recurring. Every answer links to the ledger entries, invoices, contracts and calculations behind it.
03
EBITDA–Tax–Cash Bridge
Reported EBITDA to adjusted EBITDA to taxable profit to tax paid to operating cash flow. Differences that cannot be explained become investigation targets.
04
Dynamic Exposure Calculator
Principal, penalty, surcharge, likelihood, maximum and probability-weighted exposure — then the EBITDA effect, the valuation effect and the retention it implies.
05
Automated DD Request List
The platform reads the initial data room, works out what evidence is missing, and issues a prioritised request list that updates itself as documents arrive.
06
Evidence-Backed Report Generator
Every paragraph in the report ties to its source documents, transactions, calculations, applicable rules and the reviewer's conclusion. Review and defence both get easier.
Illustrative output: potential exposure THB 18–27 million; recommended purchase-price retention THB 22 million; specific indemnity required for VAT and withholding-tax matters.
An example of the form an output takes, not a client result. figures illustrative
How we position it
An AI workbench for professionals — not a replacement for them
Tax advice, audit and financial due diligence carry professional judgment, legal interpretation and real liability. RISK24 does the ingestion, reconciliation, testing, calculation, drafting and evidence organisation. A qualified professional approves the opinion.
That boundary is deliberate, and it is the same rule the rest of our platforms follow: AI assists, a deterministic engine calculates, a person signs. Standardised SME reviews may become more autonomous later — we will say so when they do, not before.
Build sequence
01
Tax Review
Rule-driven, recurring, and closest to the transaction testing already built.
02
Tax DD
Historical exposure, deal materiality, indemnities and report templates.
03
Focused FDD
Quality of earnings, adjusted EBITDA, net debt and working capital first.
04
Unified deal intelligence
Forensic, tax and financial findings combined into price and SPA recommendations.
Module availability by date to be confirmed — we do not list a module as live before it is
Data security and auditability
Read-only ingestion — RISK24 never writes back to source systems.
Per-engagement isolation, so a deal team and the target see only what they should.
Every test version-stamped, so a historic finding can be reproduced exactly.
Full activity log, suitable for supporting disciplinary, legal or SPA process.
Certifications and independent assurance to be confirmed
Integration
ERP and general ledger extracts, scheduled or event-driven.
Procurement, payment, payroll and expense systems for end-to-end coverage.
Virtual data rooms and document repositories for deal material.
Shared tax positions with CIT24, entity data with TP24 and GMT24, and legal due-diligence evidence with LAW24.
Named system connectors to be confirmed
Give us one data room. Take back four reviews.
A scoped diagnostic on one year of real data shows what the forensic, tax and transaction lenses each find — and where they find the same thing.
Request a Demonstration