News
Serious Fraud Office launches criminal investigation into Tesco's accounting

Friday 31st October, 2013

In a further blow to the embattled retailer, The Serious Fraud Office (SFO) has announced that it will be making a criminal investigation into the reasons why there was a £263m shortfall in Tesco's profits.

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Local govt fraud at 25 year high

Thursday 30th October, 2014

Fraud valued at £188 million was detected by England’s councils in 2013/14, a ten-fold increase since 1990. The figure beats all records for the past 25 years, the Audit Commission revealed in its latest report on fraud in local government.

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E-invoicing to help reduce EU VAT Gap losses

Wednesday 29th October, 2014

According to the latest VAT Gap study by the European Commission, an estimated €177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012. This equates to 16% of total expected VAT revenue by the 26 EU Member States.

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Survey finds growth in accountancy jobs posts

Tuesday 28th October, 2014

According to figures compiled by Robert Walters a specialist recruiter, the number of advertised accountancy jobs has grown by 10% since 2013.

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Financial Fraud Action UK reports a surge in Invoice Fraud

Monday 27th October, 2014

A report in This is Money, has highlighted the dangers small businesses face from a  surge in invoice fraud in which conmen try to dupe firms into handing over hundreds of thousands of pounds.

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