John Selwood considers some questions on COVID-19 governing administration grant fraud.
During the pandemic and subsequent lockdowns, governments globally have launched support schemes to reduce the influence. Having said that, the mixture of these strategies with the maximize in distant operating and adjustments to control environments has designed new incentives and supplemental prospects for fraud. Auditors require to be vigilant.
When accomplishing the fieldwork on a the latest audit, the senior discovered that a selection of workforce ended up working comprehensive time although the employer was professing less than the Coronavirus Career Retention Scheme (CJRS), as if they had been on furlough. Certainly, there is the situation of presenting this in the fiscal statements, but what are my broader responsibilities in this condition?