Automatic exchange of information handbook

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A practical guide to the automatic exchange of information rules legislation within the UK, covering the requirements of the OECD Common Reporting Standard (CRS) and the US Foreign Account Tax Compliance Act (FATCA).

Anti-money laundering

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A chapter covering the law and associated practical matters concerning anti-money laundering compliance for tax professionals.

Ethical failure led to the FTX scandal

Analyzing aspects of the cryptocurrency exchange FTX's fraud and money laundering scandal highlights the importance of ethics, corporate governance, and internal controls, says Daniel Butcher. Some of the failures at the company included unreliable financial statements, mishandling of confidential data, diversion of corporate funds, poor or no recordkeeping and a lack of control of company cash.

Poirot, Pacioli, and Pedagogy: Using accounting history to build an introductory forensic accounting course

This article suggests an approach for introducing students to forensic accounting areas such as occupational fraud, corruption, cybercrime, money laundering, the Fraud Triangle, whistle-blowing, and giving testimony. A list of compelling 20th century fraud and cybercrime cases is provided, which can be used to capture students' imaginations and illustrate forensic accounting concepts.

Is Scotland a safe haven for fraud?

Recent months have seen an increasing prevalence of Scottish Limited Partnerships in fraudulent activity. Reportedly, 20 SLPs were involved in a Moldovan bank fraud with losses estimated at $1 billion. This article discusses the sudden popularity of SLPs and their potential role in money laundering operations.