Tag: fraud
How to prepare for the new fraud law
Defending your company against failure to prevent fraud means getting ‘reasonable procedures’ in place now.
An uncomfortable U-turn on audit reform
The government’s bonfire of the regulations expected for audit reform creates a source of uncertainty for business.
How to prepare for conducting an internal investigation
Here are some key questions for board directors to consider in advance of embarking on an internal investigation.
Record fine for KPMG over Carillion audit
In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.
News round-up: this week in governance
ClientEarth pursues FCA over Ithaca Energy listing; DeSantis goes for woke—again; Covid-19 support scheme fraud.
News round-up: this week in governance
FRC to pursue exam cheats; Porsche Volkswagen disagreement over Blume; FRC sets out stall for 2023 inspections; are you in ‘goblin mode’?
Into the mind of white-collar criminals
It is estimated that high-level fraud costs the global economy over US$5trn every year. What can be done to prevent corporate crimes?
News round-up: this week in governance
Twitter uses ‘poison pill’ on Musk; Deloitte fined over Mitie audit; rise in investor activism; more women on boards; PwC fraud findings.
Fraud vigilance should be bolstered with the aid of technology
It’s time for accountants to place less emphasis on “gut feeling” and let digital tools guide judgments in the fight against fraud.
Auditors on notice to reject ‘expectations gap’ consultation
Advisory body PIRC considers recommending shareholders vote against auditors if they fail to “publicly repudiate” the consultation document.