28/09/2022

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John Selwoods question corner | ICAEW

1 min read

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

All through the pandemic and subsequent lockdowns, governments throughout the world have released assistance strategies to lower the influence. Even so, the mix of this kind of strategies with the boost in remote performing and adjustments to manage environments has created new incentives and extra alternatives for fraud. Auditors need to have to be vigilant.

When accomplishing the fieldwork on a new audit, the senior identified that a range of workforce were being doing work whole time though the employer was proclaiming below the Coronavirus Position Retention Plan (CJRS), as if they had been on furlough. Of course, there is the situation of presenting this in the fiscal statements, but what are my wider responsibilities in this predicament?

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