John Selwoods question corner | ICAEW

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John Selwood considers some inquiries on COVID-19 federal government grant fraud.&#13

Throughout the pandemic and subsequent lockdowns, governments worldwide have introduced help strategies to lessen the impact. However, the mix of this kind of strategies with the raise in remote doing the job and improvements to handle environments has established new incentives and further chances for fraud. Auditors need to have to be vigilant.

When doing the fieldwork on a recent audit, the senior identified that a selection of staff were being working full time when the employer was proclaiming under the Coronavirus Occupation Retention Plan (CJRS), as if they ended up on furlough. Clearly, there is the challenge of presenting this in the economical statements, but what are my broader obligations in this scenario?