It’s time for accountants to place less emphasis on “gut feeling” and let digital tools guide judgments in the fight against fraud.
Traditionally, accountants have prided themselves on building client relationships based on mutual trust and an informal assessment of character. They have often satisfied themselves that a new client is reputable partly based on the recommendation of another client or their own "gut feeling" or instinct.
However, it’s not unknown for those clients who seemed decent types and who passed paper-based checks to turn out to be involved in fraud or other criminal activity. White collar criminals are harder to spot than the cartoon ones who wear stripey jumpers and carry bags of swag.
In an age of increasing complexity and with developing c
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Comment: Negotiations to leave the EU have proved enormously complex and have exposed major fault lines in British politics. But the process has also been instructive about the challenges and principles of leadership. Our commentators discuss the lessons they take from events so far.
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