John Selwood considers some queries on COVID-19 government grant fraud.
Through the pandemic and subsequent lockdowns, governments around the world have released aid strategies to cut down the impact. Nevertheless, the mix of this sort of strategies with the improve in distant functioning and modifications to regulate environments has created new incentives and added possibilities for fraud. Auditors need to be vigilant.
When doing the fieldwork on a new audit, the senior determined that a variety of personnel had been doing the job complete time when the employer was saying underneath the Coronavirus Occupation Retention Plan (CJRS), as if they were being on furlough. Of course, there is the problem of presenting this in the economical statements, but what are my broader duties in this scenario?