Judges and forensic accountants appear to be the professionals to watch for when it comes to keeping a close eye on business expenses, according to an article in the Irish Times on the latest consumer gadgets. It describes one expenses tracking app for iPads and iPhones in particular and calls on the consumer to […]
A row has broken out over allegations by former Irish Prime Minister Bertie A’Hern that an anti-corruption tribunal report “..had been arrived at without deploying the services of a forensic accountant..” The fomer Taoiseach’s statement came after a panel of enquiry investigating allegations of financial mismanagement concluded that Mr A’Hern had failed to give […]
The early origins of forensic accountancy have come to light from an unexpected source, the latest recruitment drive by the FBI to boost the number of investigators employed to follow the money and unearth evidence of modern crimes from terrorism to espionage, large-scale corporate frauds to the investigation of other complex financial schemes. It […]
Forensic accountants are set to check out the financial impact of allegations that expert witnesses have made false claims that could add up, said a senior judge, to perjury ‘on an industrial scale’. The allegations come amid a long-running battle between insurers and the credit hire companies who supply replacement vehicles to drivers involved […]
Forensic accountants, working with police and officers from industry regulator Marine Scotland, have caught a fish scam on a grand scale. In what has been described by investigators as a widepsread and sophisticated fraud, forensic accountants followed the money trail and discovered tens of millions of pounds were unaccounted for. Over three years, seventeen skippers […]
In the latest crackdown on suspected money laundering, officers from HM Revenue and Customs have raided a canal boat moored in the centre of Leeds and arrested a sixty four year old man in a joint operation with police and the UK Border Agency. The man, named as Richard Williams, has been bailed to return […]
A BBC investigation has alleged that ‘technical wizardry by clever accountants’ is helping the super rich to dodge tax. The investigation by Radio 4 consumer programme ‘You and Yours’ centred on a call by Prime Minister David Cameron for HM Revenue and Customs to get tough with rich people and companies who employ, in his […]
The Crown Prosecution Service is to experiment with ‘paperless’ criminal trials as lawyers in selected Courts are given laptops and electronic tablets. The plan could mean expert witnesses including forensic accountants giving evidence electronically rather than being questioned using large bundles of documents. The moves comes as the CPS tries to cut its budget by […]
A forty-seven year old woman has been arrested on suspicion of fraud after a forensic accountant found around ten thousand pounds of parishioners’ money had gone missing from a Devon church. Devon & Cornwall Police have launched an investigation into the allegations which relate to incidents between 2005 and 2011 at St Boniface’s Church in […]
Forensic accountants are among a wide range of experts who have launched a campaign for a judicial review of a Government decision to force through caps on expert fees in publicly-funded cases before the Family Court. The organisation, known as the Consortium of Expert Witnesses to the Family Court, say that the action will focus […]
The Government of the Channel Island state of Jersey has claimed that a leading accountancy firm billed inappropriately for the cost of attending a hearing that was set up to examine the costs of a state enquiry into child abuse on the island. Deputy Trevor Pitman said his Education and Home Affairs sub-panel received a […]
Forensic accountants, economists and lawyers at the heart of an organisation campaigning against tax havens have praised the Isle of Man Government for their efforts to make money laundering and tax avoidance more difficult. The Tax Justice Network (TJN) says the island has moved down its secrecy league to thirty-sixth position because it has joined […]
Howard Rose (c) BBC News A sixty-three year old charity administrator is serving a fifteen month jail term after he admitted stealing more than seventy six thousand pounds from a children’s charity. York Crown Court was told that forensic accountants working with police officers uncovered evidence that Howard Rose from The Village, Earswick […]
UK energy industry regulator Ofgem has called in forensic accountants as it steps up its investigation into pricing by the big six suppliers. The action has been prompted by EDF Energy’s decision to put up its gas prices by 15.4 per cent and electricity prices by 4.5 per cent from 10th November. It is the […]
A leading international accountancy firm is facing allegations that it did not use sufficient forensic skills to detect fraud while auditing an American mortgage company that went under in the US housing crash. Complaints have been filed in a Florida Court against Deloitte Touche Tohmatsu.(DTT) alleging that the fraud went undetected over a seven year […]
In her address to both Houses of Parliament, the Queen has announced that television cameras will be allowed to film in Court for the first time in Britain. Its part of the detailed programme of legislation proposed for the coming year. This is the culmination of a long-running campaign which was given fresh impetus, earlier […]
Within days of admitting under-ordering paper for tax statements, Her Majesty’s Revenue and Customs has once again been forced to apologise, this time for poor customer service. The criticism came from the Treasury Select Committee of MPs, who concluded that dissatisfaction with the taxman was at such a level that there was a risk of […]
After much discussion, consumer watchdog, The Office of Fair Trading, has decided to call for an independent inquiry into the audit industry following criticism of the actions of four of Britain’s largest accountancy firms. The OFT started to examine the industry after allegations of poor quality published accounts and conflicts of interest against Deloitte, KPMG, […]
Around half a million self-employed taxpayers are being given an extra two months to make their July tax payment because of an error by the UK tax authorities. It’s been revealed that Her Majesty’s Revenue and Customs did not order enough special paper to meet the demand for printing statements confirming the amount of tax […]
The key role of robust and reliable expert accountancy evidence is headlined in the latest NIFA newsletter with an analysis of the judgement in the case of XYZ against Portsmouth Hospitals NHS Trust after attempts by a man to launch a new business were dealt a major blow after a botched kidney operation. A quick […]
Forensic accountants were needed to untangle a web of deceit created by a gang of alleged fraudsters according to claims by Prosecutors at the trial of five defendants accused of conning thousands of customers out of tickets for the Beijing Olympic Games. The jury at Southwark Crown Court heard how the five were said to […]
A legal executive, who defrauded elderly clients while working at a firm of solicitors on trust probate cases, is starting a two and a half year sentence after pleading guilty to four charges of fraud by abuse of position between 2004 and 2009. Forty-four year old Jacqueline D’Hazzard from Goldstone Road, Hove, East Sussex, was […]
In a landmark Supreme Court decision, a panel of seven senior judges has decided that expert witnesses, across the criminal, family and civil courts, should no longer have immunity from claims against them for breach of duty in contract or in negligence. Immunity against slander and libel remain in place. Although this landmark case did […]
A committee of MPs has warned tax collectors that they need to get their act together to meet Government targets on tackling tax fraud and evasion. In its report, the House of Commons Public Accounts Committee said HM Revenue and Customs (HMRC) needed to work out how best to get closer to the eighteen billion […]
A City trader who defrauded more than 300 victims of up to fourteen million pounds has been jailed for eight years. Sentencing 63-year old Terry Freeman, Southwark Crown Court heard how investors handed over hundreds of thousands of pounds to his company GFX Capital believing they were likely to receive big financial returns. Instead, said […]