Bounce Back Loan data pilot examines sole trader fraud
The government is setting its sights on unincorporated businesses that fraudulently took out Bounce Back Loans during the pandemic.
Source: icaew.com
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Getting audit back on track
LGC explores what has caused the local audit backlog and what is being done about it It is no understatement to describe local audit as in crisis. Just
Source: lgcplus.com
NAO criticises governance at new health body
Agency responsible for Test and Trace criticised by NAO for “lack of adequate governance, oversight and control” exposing it to a “high level of risk”.
Source: icaew.com
Auditing backlog 'seriously undermines' sector with hundreds of opinions late
Just 12% of the audits for local government accounts were completed on time with warnings that this is “beginning to seriously undermine” the sector.
Source: lgcplus.com
How COVID grant-making drove councils' fraud vulnerabilities
Starved of counter-fraud funding for a decade, local councils were left dangerously exposed to financial wrongdoing at the height of the pandemic, says new report.
Source: icaew.com