John Selwoods question corner | ICAEW

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

During the pandemic and subsequent lockdowns, governments worldwide have released assist strategies to lessen the effects. However, the mixture of these strategies with the enhance in distant doing the job and adjustments to command environments has established new incentives and additional prospects for fraud. Auditors have to have to be vigilant.

When performing the fieldwork on a recent audit, the senior determined that a number of staff were doing work whole time though the employer was claiming beneath the Coronavirus Position Retention Scheme (CJRS), as if they had been on furlough. Clearly, there is the difficulty of presenting this in the fiscal statements, but what are my wider tasks in this situation?