Private Sector

COVID-19 has left many businesses no choice but to send their employees home to work. Here are some things that HR can do to keep remote employees engaged and productive.

An audit expert says small and medium-sized businesses that have acted in good faith throughout lockdown need to ensure they are not caught out in an HMRC crackdown on abuse of furlough support and fraudulent applications for the variousGovernment support schemes made available.

SOCIAL distancing measures are putting dealers at a higher risk of fraud in the part exchange process.

https://www.motortradenews.com/news/social-distancing-increases-fraud-risk-for-dealers/

A car dealership’s financial controller has been jailed for three years for defrauding the business of £252,000 as its owner struggled to fund his wife’s treatment for cancer.

https://www.am-online.com/news/dealer-news/2020/07/20/.XxdAOIBy_zY.twitter

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published

The COVID-19 pandemic has shunted audit reform down the agenda, but the task remains as vital as ever. Sir Donald Brydon’s has made his suggestions, but what happens now? How can those in power best put actions in place for reform?

https://www.icaew.com/insights/features/2020/july-2020/practically-speaking-why-audit-reform-is-still-vital

The many practicalities of getting back to work as companies come out of lockdown may mean governance becomes a secondary thought at best. However, good governance is never more necessary than during a crisis and at a time of significant change.

Car retailers have been warned to be on their guard after a fraudster attempted to scam the James Glen Car Sales out of £41,000 and a Porsche Cayman sports car by exploiting the Government’s Bounce Back Loans (BBL) scheme.

COVID-19 social distancing measures are putting dealers at a higher risk of fraud in the part-exchange process, according to Cap HPI.

Private security giant G4S is to pay out more than £44m after it “repeatedly lied” to the government over contracts for electronic-tagging of offenders. This is following investigations by the Serious Fraud Office (SFO).

https://www.thecanary.co/uk/news/2020/07/11/security-giant-g4s-wont-be-prosecuted-for-fraud-on-private-contracts-to-pay-44m-fine-instead/