Displaying 1-10 of 25 results
Bounce Back Loan data pilot examines sole trader fraud
- Article
- 17 Jan 2024
The government is setting its sights on unincorporated businesses that fraudulently took out Bounce Back Loans during the pandemic.
Exclusive
Fraud brainstorming sessions and interviews in a remote world: Initial evidence
- Article
- 01 Jul 2023
This study provides initial evidence of how the sudden transition to remote work during the pandemic in March 2020 affected auditors' fraud risk assessment processes. The authors explore how auditors performing fraud-related interviews perceive the virtual process in comparison to pre-pandemic processes. The interviews also suggest that the remote environment is enhancing auditors’ personal flexibility but impairing the training of newer auditors.
Lost homes, lost hope: tackling tenancy fraud
- Article
- 10 May 2023
A new Fraud Advisory Panel report finds that tackling fraud in social housing has stalled since the pandemic. Alan Bryce explains why it’s important that action ramps up.
How the government could better tackle fraud
- Article
- 07 Feb 2022
The pandemic saw a sharp rise in financial scams and online fraudulent activity targeted at government schemes and consumers, with around £290bn lost to economic crime
Fraud risks a “colossal problem”
- Article
- 02 Feb 2022
Sir David Green CB QC, the new chair of the Fraud Advisory Panel, on why weaknesses in counter-fraud systems and enforcement are making London an attractive place for fraudsters
HMRC’s power to issue joint and several liability notices explained
- Article
- 01 Dec 2021
HMRC can issue notices to transfer tax liabilities of companies and limited liability partnerships to directors, shadow directors and other individuals connected with managing the business
European Anti-Fraud Office finds €293m misused public funds in 2020
- Article
- 18 Jun 2021
In addition to traditional investigations of misused public monies, EU anti-fraud activity last year had to tackle COVID-19 related fraud, from counterfeit personal protective equipment to raising awareness of the risk of fake vaccines.
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Fraud and COVID-19 support
- Article
- 27 May 2021
Government support schemes related to COVID-19, including the Coronavirus Job Retention Scheme (CJRS), the Self-Employment Income Support Scheme (SEISS) and the Bounce Back Loan Scheme (BBLS) will contribute to heightened fraud risks in many entities. Auditors assessing and responding to these risks will find ICAEW guidance helpful.
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Tax, ethics and fraud
- Article
- 04 May 2021
Sophie Wales explains the application of ethics to tax work, including how to approach fraudulent COVID-19 support claims.
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John Selwood question corner
- Article
- 31 Mar 2021
John Selwood focuses on some of the many questions around audit reports, going concern and COVID-19 issues.
Displaying 1-10 of 25 results