From battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...
View articleEY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...
View articleImprovements in the corporate governance code and a new regulator could provide the impetus for auditors to take a bigger role in fraud detection, tho...
View article40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...
View articleThe Economic Crime and Corporate Transparency Bill aims to tackle the abuse of UK companies’ registration and removals by reforming the powers of Comp...
View articleThe total value of R&D claims in the UK fell by 4% between 2019/20 and 2020/21 Read More...
View articleThe taxpayer’s trust was abused using accountancy knowledge and expertise, HMRC said Read More...
View articleExperts believe action plans are needed to tackle rising umbrella company fraud Read More...
View articleWhile the responsibility of auditors is often misinterpreted, the capabilities of the profession must still improve, according to market participants ...
View articleFRC’s revised ISA (UK) 240 standard draws mixed response Read More...
View articlePossible legislation would be like “trying to close a paper door against a herd of wild elephants” Read More...
View articleBounce Bank Loan Scheme fraud of particular interest Read More...
View articleImproving the quality of information on Companies House can’t happen soon enough, says John Edwards, CEO, Institute of Financial Accountants Read More...
View articleFor the audit profession, the risks of fraud are substantial, and fraud detection must become a priority. Traditionally, many auditors haven’t conside...
View resourceFraud is costing organisations $2.1 trillion globally per year. At the same time, the world’s data—including your own organisation’s—is exploding, mak...
View resourcePresident and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...
View articleAfter a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for Read More...
View articleHMRC’s draft legislation shows ambition to tackle furlough scheme frauds – but money overpaid to employers will likely be difficult to regain Read Mor...
View articleThe value of alleged cybercrime cases reached over £1 billion in UK Courts in 2019, according to research by KPMG – showing fraudsters are becoming mo...
View articleSir Donald Brydon’s report into the quality and effectiveness of audit was published at the end of 2019, and in it, Brydon tackles the issues of the a...
View articleUK accounting industry under scrutiny after recent fraud scandals at Patisserie Valerie and Carillion Read More...
View articleRoger Isaacs - Forensic Partner at Milsted Langdon - talks about the Patisserie Valerie collapse and what its impact has been and the role of forensic...
View articleThe results acquired through a Freedom of Information Report (FOI) showed that HMRC's yield from investigations exceeded £610 million since the year 2...
View articleMike Ashely’s high street giant is now turning to mid-tier firms, and has reportedly approached BDO and Mazars about a possible tender process. Read M...
View articleRoy Waligora, KPMG UK head of investigations said: “We are noting a worrying move from criminals simply hacking as a means to an end to being industri...
View articleMarc McAuley, Counter Fraud Services Lead at CIPFA, discusses the issue of cross-border fraud and the implications Brexit may have on it. Read More...
View articleAccording to the data obtained by RSM from the UK’s national fraud and cyber-crime reporting centre, businesses lost a total of £99,283,213 to mandate...
View articleR&D tax credit specialists say the claims process should be kept simple, as they encourage HMRC's attempts to clamp down on fraud Read More...
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