John Selwood considers some queries on COVID-19 federal government grant fraud.
In the course of the pandemic and subsequent lockdowns, governments around the globe have launched assist schemes to cut down the effects. Nevertheless, the blend of this sort of strategies with the raise in remote working and adjustments to command environments has produced new incentives and added possibilities for fraud. Auditors need to be vigilant.
When executing the fieldwork on a the latest audit, the senior identified that a variety of workforce were being doing work complete time though the employer was claiming underneath the Coronavirus Job Retention Plan (CJRS), as if they were being on furlough. Clearly, there is the situation of presenting this in the fiscal statements, but what are my wider obligations in this problem?