Is the mafia helping the OFT’s audit inquiry?

Is the mafia helping the OFT's audit inquiry?

Is the mafia behind the OFT's ability to keep everyone schtum on its audit enquiry decision?

TS WOULD LOVE to know how the Office of Fair Trading is getting on with its audit inquiry, but the watchdog is remaining characteristically tight-lipped.

Notorious for its reluctance to let media in – those press officers are harder to bypass than Nadal on clay – it is redefining the word ‘schtum’.

Even TS’ faithful firm contacts are reluctant to spill the beans about the top-secret talks that have been going on over the last few weeks, after which the OFT will decide whether to refer audit to the Competition Commission.

TS doesn’t know what leverage the watchdog is using to keep people quiet, but we like to think it’s mafia related.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource