Nancy Waung is a Director at FRA, and has over 13 years of experience in investigations and accounting matters. Her expertise includes anti-bribery/anti-corruption, asset misappropriation, accounting fraud, money laundering investigations, and compliance assessments for clients across North America, Europe, Africa, and Asia.

Nancy’s industry experience includes healthcare, medical devices, pharmaceuticals, government/public sector, aerospace/defense, and financial services. Nancy has provided forensic accounting support for FCPA and fraud related deferred prosecution agreements for Fortune 500 companies. She also recently led an investigation centered on a public company’s cash position and related party transactions, uncovering a web of fraud across the organization and billions in undisclosed debt.

She has conducted complex forensic reviews of sovereign entities, third-party audits, and private joint ventures in emerging markets including the Middle East, Africa, China and Russia. Nancy also spent two years assisting a foreign government’s campaign to increase transparency and control over its finance and treasury functions while also preventing corruption.

Prior to joining FRA, Nancy worked at Ernst & Young’s Forensic & Integrity Services conducting forensic audits, investigations, and regulatory compliance reviews. Nancy was also an external auditor at Ernst & Young where she provided financial statement audit services to clients. She worked on a variety of financial statement audits and attestation engagements, testing internal controls and performing substantive procedures to evaluate the risk of misstatement.

Nancy is a Certified Fraud Examiner (CFE) and holds a Bachelor of Business Administration degree in Accounting.