9am Lowdown: Fraud, FRC and tax help

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Good morning everyone, and welcome to today’s 9am Lowdown.

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In the news

A former assistant accountant who syphoned money from his car retailer employers has pleaded guilty to a £2m fraud. (Gazette Live)

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Accounting watchdog the FRC is under pressure to publish a register of conflicts of interest after clearing KPMG of any wrongdoing in the HBOS scandal while 11 of the firm’s present or former partners sat on its key decision-making committees. (The Times - paywall)

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A new service to directly help mid-sized businesses as they expand and grow was launched yesterday by HMRC. (Press release)

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A petition has been launched to try and keep HMRC tax offices in East Kilbride and save 2,700 local jobs. (Daily Record)

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An accountant from Paignton has admitted stealing almost £3,000 by writing himself cheques from a residents’ company – two years after committing an almost identical fraud. (Devon Live)

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New on AccountingWEB

Richard Sergeant looks at automation and discovers how accountants are already seeing the benefits from implementing the year's big new trend.

Christian Annesley takes a deeper look at the politics of managing the lower skilled ‘gig’ economy.

On the blogs, Philips Fisher asks: ‘what is a partner worth?’

While on the industry updates page Richard Simms explains how the latest money laundering regulations will affect you and your business.

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21st Sep 2017 09:44

News must make slim pickings this week. You reported on the HMRC hindrence - sorry, help to SME's yesterday, too.

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to SteLacca
21st Sep 2017 09:55

So good we reported on it twice... apologies.

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