John Selwoods question corner | ICAEW

John Selwood considers some concerns on COVID-19 governing administration grant fraud.
All through the pandemic and subsequent lockdowns, governments worldwide have introduced assistance strategies to minimize the affect. However, the combination of this kind of techniques with the boost in remote functioning and variations to regulate environments has developed new incentives and added possibilities for fraud. Auditors need to have to be vigilant.
When executing the fieldwork on a new audit, the senior determined that a number of workers were performing full time while the employer was claiming under the Coronavirus Position Retention Plan (CJRS), as if they were on furlough. Naturally, there is the problem of presenting this in the monetary statements, but what are my broader duties in this condition?
