February 21, 2024


The business lovers

John Selwoods question corner | ICAEW

John Selwood considers some inquiries on COVID-19 government grant fraud.&#13

In the course of the pandemic and subsequent lockdowns, governments around the world have released aid techniques to minimize the effects. Even so, the mix of these schemes with the increase in remote doing work and variations to control environments has developed new incentives and supplemental prospects for fraud. Auditors need to be vigilant.Question corner with John

When executing the fieldwork on a latest audit, the senior identified that a variety of workforce were functioning total time while the employer was boasting underneath the Coronavirus Career Retention Scheme (CJRS), as if they were on furlough. Obviously, there is the issue of presenting this in the money statements, but what are my broader obligations in this predicament?