Israeli forensic investigator, Yehudah Barlev, said criminals were passing smaller amounts of money through the system to prevent arousing suspicions in accountants, banks and law firms, and avoid getting caught by fraud experts.
He told the Times: ‘The authorities are looking for big sums but how do you spot the small $1000 transactions? The system is not built for that.’
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton