Levels of fraud in companies remain unchanged since 1998 and management is failing to implement the necessary measures to avoid fraud, according to a survey published today by Ernst & Young. The findings demonstrated that of the 739 organisations from 15 countries involved in the survey, 60% had suffered a fraud in the last 12 months. Of the financial services and banking institutions interviewed for the survey, almost five per cent had experienced more than fifty incidences. David Sherwin, head of the Ernst & Young fraud investigation group, criticised organisations for burying their heads in the sand and ignoring early warning signs. – News analysis, p12.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.