Reduce Risk

By identifying areas vulnerable to fraud, you can address the issues before they become a large problem.

Cost Savings

Protect your assets and let us help you maximize your annual revenue by assessing whether fraud exists.


We help you put safeguards in place to protect your assets by reducing the opportunity for fraud to occur.

How can we help?

While many people recognize that fraud is a serious and costly problem for its victims, the full extent of the issue is not as prevalent. A routine audit seldom uncovers fraud and the majority of deception goes undetected for a long period of time. Surprisingly, when discovered, it is not typically reported or prosecuted. Fraud, by its very nature, involves scheming, concealment and falsehood. It is limited only by the opportunities and imagination of the fraudster. A Report to the Nations on 2020 Occupational Fraud and Abuse issued by the Association of Certified Fraud. Examiners indicated that a typical organization loses 5% of its annual revenues due to fraud. Most fraud investigations are initiated based on suspicions that a certain type of fraud is being perpetrated or a certain individual may be participating in wrongdoing. It is prudent to engage the expertise of a trained fraud examination specialist to gather supporting data needed to substantiate these suspicions.

Piccerelli, Gilstein & Company, LLP has trained professionals who specialize in the detection and prevention of fraud. Through various investigative and analytical procedures used to gather evidence, our certified examiners look for fraud, estimate the extent of monetary loss or damages if discovered, and make recommendations has as to how the fraud was committed. We can also support the litigation process by assisting attorneys in evaluating evidence obtained in a fraud investigation and by providing expert testimony.

For more information, please contact Laura Da Fonseca or Doryanne Hamel.

  • Identify weaknesses in internal controls that leave your organization vulnerable to fraud
  • Design or enhance cost-justified internal controls to reduce risk of fraud
  • Perform forensic investigation of red flags of fraud identified in your organization
  • Calculate and quantify losses sustained to support litigation, insurance claims and tax deductions

Ready to connect?


“PG& Co. has provided us valuable accounting and tax services on a personal and business basis for over 25 years.  I highly value their advice and counsel for tax planning and analysis.”

Robert J. Maccini
Founder & CFO
Drive Time Metrics
Jamestown, RI

“… their advice and strategic tax-planning has allowed us to eliminate waste and put our money to work - developing critical projects, expanding our business, and adding jobs.  It is no exaggeration to say that we absolutely would not be here right now without their infallible guidance.”

Jay Colgan
Colgan Development Group
A Child's University
Smithfield, RI

“We have grown; expanded our markets; invested substantially in new equipment and technology; purchased companies; sold companies and survived many challenges.  At each point in this successful journey we have had the professionals from PG&Co at the table with us assisting in not just the accounting but being a sounding board asking those smart questions and helping us build the right strategy."

Dan Shedd
Taylor Box Company
Warren, RI

“We have been a client of Piccerelli Gilstein & Company, LLP for over 15 years.  They provide us with expert advice with our annual tax engagement and throughout the year as needed in a prompt and efficient manner. The staff is very professional, and they are always available.”

Domenic Lapati
Key Container Corp
Pawtucket, RI

"They provide prompt, professional, and consistent services. They leave us with confidence that the business exposure and risks are low. They offer support to management and the financial team. I would highly recommend them for any accounting needs.”

Justine Johnson
Ocean State Veterinary Specialists 
East Greenwich, RI

“We have been using PG&Co. for literally decades. Not only does our CPA firm provide us with a high level of service for standard accounting and reporting requirements but PG&Co. had also provided unique services as well."

Michael A. Akkaoui
President/ CEO
Tanury Industries
Lincoln, RI

"As the President of our company, I am always confident that a recommendation of Piccerelli, Gilstein & Company to a client will in fact be exceeded by the service and professionalism with which PG&Co. delivers.”

Gregory A Paolino, Jr.
Paolino Insurance Agency, Inc. and The Paolino Group LLC
Providence, RI

“Working with PG&Co is like having the best of two worlds; the level of expertise expected from a top five firm, and the personal and affable attention you’d expect from a small town shop."

Mike Twist
Director of European Markets
Avid Products, Inc.
Middletown, RI

"They are responsive, deliver their work on time and are always helpful throughout the year not just during audit/tax time. Their client service is simply exceptional."

Catherine Spicka
VP, Accounting & Tax
Haley Residential (formerly known as DEI Communities):

"While I find my accounting relationship with PG&Co. superb in all aspects, the best part is the rapid response for time sensitive issues that arise outside of tax filing season."

Arnold-Peter C. Weiss, M.D.
Vice Chairman & Professor of Orthopaedics
Alpert Medical School of Brown University

"The partners are fully engaged and extremely capable. The staff evolves and changes but the quality of service remains excellent."

E. Niles Wilcox
Leonard Valve Company
Cranston, RI

"I always check with them first, before making any major financial decision. PG&Co. has taught me over the years that planning pays, because it saves.”

Joseph Gallagher
Managing Director
Angel Street Capital