Fraud cases involving sums of more than £100,000 rose to 277 in 2006, from
222 in the previous year, according to
KPMG Forensics Fraud
Barometer – an increase of almost 25%.
This is the highest number of cases brought to trial since KPMG started its
Forensics Fraud Barometer twenty years ago.
The firm said new and more widely used technology was helping managers and
teenage Internet wizards cheat the government and the companies they work for.
‘The figures produce a picture of a country where fraud is becoming
Jeremy Outen, a partner at KPMG’s forensics unit.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements