Displaying 1-50 of 73 results
What ‘Know Your Customer’ best practice should look like for accountants in 2026
- 26 May 2026
- ICAEW Insights
Major consultancies and finance firms cite 'perpetual Know Your Customer (pKYC)' as the future of customer authentication, but ICAEW’s Head of Anti-Money Laundering, Michelle Giddings, says it may not translate to accountancy.
What the government’s new fraud strategies mean for business
- 16 Apr 2026
- ICAEW Insights
The government’s new £250m anti-fraud strategy signals a new approach in tackling the rising incidents of fraud-related crime. Find out the key actions and their implications for the work of accountants.
Exclusive
CORPORATE GOVERNANCE
Companies House reform and developments in Economic Crime regulations and associated good practice
- 15 Apr 2026
- ICAEW
Experts outlined the latest developments in UK economic crime related regulations, sanctions and Companies House reforms. This session included Laura Hough and Mike Miller from ICAEW's Ethics Team and Sam Tate, Global Head of Regulatory & Investigations at Clyde & CO LLP.
Supply chain fraud: how to spot the signs
- 10 Apr 2026
- ICAEW Insights
Supply chain fraud is quite common, and notoriously difficult to spot. Here are the steps you need to take to minimise the risks.
How to spot a fake AI-generated invoice
- 30 Mar 2026
- ICAEW Insights
Businesses deal with invoice fraud every day. As more criminals turn to AI as part of their attempts to defraud businesses, it’s getting harder and harder to spot.
Practical support on how to comply with ‘failure to prevent fraud’
- 13 Mar 2026
- ICAEW Insights
ICAEW has published new advice to help members prepare for the UK’s new corporate offence of failure to prevent fraud. The practical framework outlines steps organisations can take to ensure compliance.
Telltale signs of expenses fraud
- 25 Feb 2026
- ICAEW Insights
Expenses fraud is nothing new but modern technology has made it far more sophisticated. With new AI-powered tools, it’s never been easier to pull off a scam, or more convincing.
How to identify and deal with fake invoices
- 19 Feb 2026
- ICAEW Insights
While most of us are becoming well versed in spotting the clumsy fabricated Paypal invoices littering our personal inboxes, for businesses fake invoices are posing an increasingly significant threat.
Can you spot these signs of fraud?
- 11 Feb 2026
- ICAEW Insights
Fraud is more common than people realise. Businesses of all sizes need to be alive to the signs and proactively manage the risks. ICAEW’s Laura Hough outlines what to look out for and actions to take.
How the UK government plans to tackle corruption
- 19 Dec 2025
- ICAEW Insights
ICAEW welcomes the government’s new Anti-Corruption Strategy for its ambition to strengthen the UK’s resilience to illicit finance, but identifies three key areas where it must go further.
Extending deemed reseller rules to combat VAT fraud – can it work?
- 26 Nov 2025
- ICAEW Insights
Amazon proposes a change to the rules for online marketplaces that would mean the marketplace collects VAT on all third-party sales. Ed Saltmarsh analyses the practicality of the proposal ahead of the Budget.
Employers warned to avoid payroll tax credits schemes
- 18 Nov 2025
- ICAEW Insights
HMRC has published a briefing warning employers and recruitment agencies against using “fraudulent” schemes that claim to reduce employment taxes.
Expenses fraud: how to spot an AI-generated receipt
- 13 Nov 2025
- ICAEW Insights
AI-powered expenses fraud is on the rise. How can businesses protect themselves?
Failure to prevent fraud: reasonable defence
- 15 Oct 2025
- ICAEW Insights
An outline of what businesses need to demonstrate to defend against a failure to prevent fraud charge.
Failure to prevent fraud: who's liable
- 15 Oct 2025
- ICAEW Insights
The failure to prevent fraud offence, part of the Economic Crime and Corporate Transparency Act 2023 (ECCTA), came into force in September 2025, bringing organisations into liability.
New support to help businesses avoid fraud
- 30 Sep 2025
- ICAEW Insights
The newly launched Business Fraud Alliance offers free, practical resources for businesses of all sizes to help strengthen their resilience against fraud.
Should lone judges replace juries in complex fraud trials?
- 15 Sep 2025
- ICAEW Insights
A major review recommends that juries should be eliminated from complex fraud trials. The Chair of ICAEW’s Forensic and Expert Witness Community provides his thoughts on the proposal.
Exclusive
AUDIT AND ASSURANCE FACULTY
Auditing revenue – dealing with the risks
- 12 Sep 2025
- Andrew Paul
The audit of revenue offers opportunities for many firms to improve the quality of their audit work. Andrew Paul shares reminders on some key themes and considers what a good approach to auditing revenue might look like.
PROFESSIONAL STANDARDS DEPARTMENT
Audit monitoring insights: larger audit firms and complex audits – webinar highlights
- 12 Aug 2025
- Professional Standards Department
In the second webinar of our audit monitoring insights series, our Quality Assurance Department explored the challenges and common findings from audit monitoring reviews of larger firms handling more complex audits. The session offered practical insights and regulatory updates to help firms enhance audit quality.
SFO chief heralds more dynamic era of fighting fraud
- 18 Jul 2025
- ICAEW Insights
Corporates put on notice as Nick Ephgrave outlines a far more proactive future for the Serious Fraud Office, underpinned by tougher anti-fraud laws, smarter technology – and a thirst for casework.
Businesses face uphill battle on cyber threat awareness
- 26 Jun 2025
- ICAEW Insights
The vast number of companies affected by ransomware attacks highlights the urgent need to ramp up educational work on cybercrime, according to a Fraud Advisory Panel trustee.
HMRC loses £47m in fraudulent tax repayments
- 05 Jun 2025
- ICAEW Insights
HMRC says that 100,000 taxpayers have been targeted by criminals and that it will contact the affected individuals by letter to explain how they can restore access to their online accounts if needed.
The forensic accountant righting wrongs for sub-postmasters
- 02 May 2025
- ICAEW Insights
ICAEW member and forensic accountant Dr Kay Linnell OBE explains why she continues to fight for justice for the victims of the Post Office Horizon scandal.
Cyber security: fake payments, receipts and invoices on the rise
- 30 Apr 2025
- ICAEW Insights
April cyber round-up: new technologies are creating new threats. Here’s how accountants can guard against them.
New fraud techniques accountants must watch out for
- 21 Mar 2025
- ICAEW Insights
ICAEW is sponsoring and hosting this year’s Fraud Advisory Panel Annual Conference, addressing the latest emerging fraud threats in AI, ESG and more.
Exclusive
The new 'Failure to Prevent Fraud' offence: A compliance and accounting perspective
- 14 Mar 2025
- Luke Firmin and James Fox, Forvis Mazars - Corporate Members of the Financial Services Faculty
Luke Firmin - UK Head of Financial Crime and James Fox - Forensics Associate Director at Forvis Mazars, explore the UK government guidance and provide insights into the implications for organisations and auditors.
FINANCIAL SERVICES FACULTY
The evolving landscape of fraud protection and payments
- 20 Feb 2025
- ICAEW Insights
New developments to combat fraud across the financial services industry are likely to be good news for consumers, but the impact on business and banks could be significant. ICAEW’s Andrew Boardman explains.
Protecting public funds: tackling procurement fraud
- 24 Jan 2025
- ICAEW Insights
Valued at trillions of dollars per year, public procurement spending is a magnet for fraud. At a recent ICAEW event, leading experts shared insights on how to combat the problem.
Exclusive
The fight against APP scams: How new measures protect consumers
- 23 Jan 2025
- ICAEW Financial Services Faculty
What is an APP scam? Why do consumers need to be protected?
November cyber round-up
- 28 Nov 2024
- ICAEW Insights
This month we look at criminals’ latest techniques, the 10th birthday of Cyber Essentials, fraud risk in the utilities sector, and how an artificial intelligence grandmother has joined the fight against cybercrime.
Accountants must rally together to combat corruption
- 25 Nov 2024
- ICAEW Insights
ICAEW is contributing to the battle against procurement fraud and is sharing best practices to combat corruption, which costs the global economy £2trn annually. Discover how you can make a difference.
The role of the accountant in tackling economic crime
- 07 Nov 2024
- ICAEW Insights
At ICAEW’s ethics event, Serious Fraud Office Chief Investigator hails accountants’ “critical role” in fighting against wrongdoing, as an expert panel weighs implications of the Economic Crime and Corporate Transparency Act.
Auditor obligations on fraud in the spotlight
- 29 Aug 2024
- ICAEW Insights
Recent regulatory action highlights the importance of remaining alive to the risks of fraud. Auditors must be aware of how legal requirements and auditing standards guide obligations when reporting suspicions of fraudulent activities.
AI ‘will turbocharge cybercrime and fraud’
- 26 Jun 2024
- ICAEW Insights
Chief internal auditors are worried that AI is likely to fuel a surge in cyber, fraud and economic crime, according to a new poll.
Community boosts joint effort on fraud prevention
- 29 Apr 2024
- ICAEW Insights
Fraud Advisory Panel initiative facilitates cross-sector collaboration – helping organisations with risk mitigation and highlighting career opportunities in the counter fraud field.
HMRC warns of VAT bank details fraud
- 26 Apr 2024
- ICAEW Insights
Form VAT 484 has been used in fraudulent attempts to gain access to businesses’ VAT repayments.
How business should approach fraud risk
- 02 Apr 2024
- ICAEW Insights
Fraud volumes and values are rising annually. But new rules and governance regulations hope to help prevent business fraud before it happens and detect it when it does.
UK fraud makes massive leap to £2.3bn
- 28 Feb 2024
- ICAEW Insights
Reported cases of fraud are rising and the amounts involved are getting larger – but still fewer than one in seven fraud offences are reported to the police.
Exchange of payment data to fight VAT fraud
- 20 Dec 2023
- ICAEW
EU rules set to transform VAT fraud detection in e-commerce come into effect from 1 January 2024.
Exclusive
AUDIT AND ASSURANCE FACULTY
Stay positive under pressure
- 17 Nov 2023
Planning and preparation are key when it comes to surviving any audit busy season.
Reinforcing the prevention and detection of fraud
- 15 Nov 2023
- ICAEW Insights
In International Fraud Awareness Week, ICAEW Economic Crime Manager Mike Miller outlines the current fraud landscape in the UK and the importance of remembering to have a robust framework in place to prevent fraud.
Brewdog case shines light on procurement fraud
- 12 Oct 2023
- ICAEW Insights
Beer brand CEO’s frank LinkedIn post lifts lid on actions of rogue sales agent who almost cost company 100,000 cans. Here, experts weigh in with thoughts on the wider lessons.
AI fraud and accountants
- 08 Sep 2023
- ICAEW Insights
Many predictions about AI taking our jobs have not yet materialised, but the threat of AI-driven fraud is a much more worrying development.
Fighting fraud: how the FAP is gaining ground
- 02 Aug 2023
- ICAEW Insights
Head of the Fraud Advisory Panel, Matthew Field explains how the organisation is stepping up the fight against business fraud and why collaboration is one of the most powerful weapons in its armoury.
Exclusive
EXCEL COMMUNITY
Fraudulent Numbers
- 25 Jul 2023
- Liam Bastick
Sometimes, things aren’t what they seem. Like false advertising, optical illusions and hidden agendas, on occasion numbers in Excel may appear “fraudulent”. And that can cause issues for spreadsheets, whether you are using them for data manipulation / reporting, forecasting, budgeting or modelling.
Exclusive
AUDIT AND ASSURANCE FACULTY
Addressing corporate fraud risks
- 07 Jul 2023
- ICAEW
Audit committees share their knowledge, experience and concerns around fraud risks in ICAEW’s second report on sharpening the focus on corporate fraud. Katharine Bagshaw shares some insights.
EU Council reaches agreement on exchange of information for crypto assets and advance tax rulings for high-net-worth individuals
- 26 May 2023
- ICAEW
The unanimous agreement paves the way for greater co-operation between member states to reduce opportunities for tax avoidance and tax fraud using crypto assets, by amending the directive on administrative co-operation in the area of taxation (DAC).
Exclusive
AUDIT AND ASSURANCE FACULTY
Risk assessments in 2023
- 12 May 2023
- ICAEW
ICAEW resources can help auditors to assess risks faced by their firms and by entities they audit.
How do audit committees perceive corporate fraud risks?
- 04 May 2023
- ICAEW Insights
ICAEW’s Audit and Assurance Faculty considers audit committee perspectives on corporate fraud and how it can be better prevented and detected.
Enforcement
- 09 Mar 2023
- ICAEW
How rules are enforced, how breaches are investigated, the sanctions available and who adjudicates.
Displaying 1-50 of 73 results