Using Data Analytics to Combat Fraud
The Metro reported this morning that a “church-going” mum has stolen £34,000 from her employer over five years in overtime expenses. As a wages processor, she had access to the systems and would know what would be acceptable as an overtime payment.Read more
Charity Finance Chief stole £250K
Last week the Evening Standard carried an article on page 9 about a finance chief who stole £250,000. There is nothing surprising in this report, it was not earth shattering so not worthy of page 3, nor was it surprising that the organisation was a Charity. The sad reality is that in many organiRead more
Abuse of Public Funds
Yet again our elected representatives have fallen short of expected professional and moral standards. Part of the problem is the concept of “allowances” and the confusion between allowances and expenses. Strictly speaking an “allowance” is an amount which may be claimed within aRead more
Right to Work: Are you sure your employees have the Right to Work in the UK?
Employers have an obligation to ensure that a job applicant is allowed to work in the UK before they are employed. Failure to complete Right to Work checks can result in a £20,000 penalty
Are you sure your employees have the Right to Work in the UK?Read more
It just got easier!
The plan to raise the limit for independent external audits from a turnover of £6.5 million to £10.2 million will increase the risk of fraud, or will it?Read more