Carmen is an Associate Director in FRA’s forensic accounting team in London, with over 16 years of experience in forensic accounting and external audit. She has worked on cases involving monitorships, compliance reviews, investigations and disgorgement and penalty calculations.
Carmen has been involved in several global compliance monitorships and anti-bribery and corruption reviews across the oil and gas, banking technology, financial services, aeronautical and medical devices industries. The reviews involved entities based in Latin America, Asia, Africa, Europe and the Middle East. Key monitorship projects she has been involved with include:
– Supporting the FRA partner appointed by the U.S. Department of Justice (DOJ) to serve as independent compliance monitor for a German automotive engineering firm, as a result of its involvement in the Dieselgate scandal. Carmen is conducting detailed evaluation of the company’s compliance controls, as well as assessing the implementation and enforcement of its corporate compliance and ethics program.
– Providing accounting support to independent Co-Monitors related to an enforcement action by the Public Company Accounting Oversight Board (PCAOB) for a member firm of a global accounting firm, including the review and assessment of the audit firm’s design and execution of its system of quality control. Carmen’s role involved the review of corporate culture and tone at the top, ethics and compliance reporting channels and investigation protocols.
Carmen also has experience assisting with the preparation of project profitability analyses used in disgorgement and penalty calculations negotiated with the UK Serious Fraud Office (SFO) and the DOJ.
Prior to joining FRA, Carmen worked at two big four accounting firms (KPMG and EY) in their audit practices in the UK and Portugal. Carmen’s client portfolio included large multinational companies mainly in the media, entertainment and technology sectors.
Carmen is a qualified accountant and a member of the Association of Chartered Certified Accountants (ACCA) and Association of Certified Fraud Examiners (ACFE). She earned a degree in Economics from the University of Porto in Portugal. In addition to her native Portuguese language, Carmen speaks English fluently and Spanish to an intermediate level.