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  • Why Human Accountants Are Here To Stay

    Posted on Friday, February 10, 2023 by Lydia Sinclair — No comments

    The use of increased technology in various parts of the economy has been a hot potato issue since the days of the Luddites . Not that the ideas have all been negative; far from destroying everyone’s jobs, the famous economist John Maynard Keynes envisaged a world in which we would all just work shorter hours and enjoy lots more leisure time - a view that turned out a touch optimistic. While there ...

  • How The Match King Inspired Forensic Accounting As We Know It

    Posted on Friday, February 3, 2023 by Lydia Sinclair — 1 comment

    The field of forensic accounting as we know it today is a relatively recent invention by accounting standards, having been established in the 1940s. Whilst such an important part of accounting today that forensic accounting jobs are a core component of the legitimacy of countless industries, the earliest investigation that could be considered forensic accounting was the case of infamous organised ...

  • HMRC Customer Service Failing Taxpayers

    Posted on Sunday, January 29, 2023 by Lydia Sinclair — No comments

    Accountants will have been in high demand over the last few weeks, as HMRC’s customer service has been called out for failing those who are trying to pay their taxes. January 31st marks the deadline for self-employed people and sole traders to complete their tax returns, but many could be subject to late fines as a result of struggling to get hold of HMRC. According to the Public Accounts ...

  • How One Of The Biggest Accounting Firms Collapsed In A Year

    Posted on Tuesday, January 17, 2023 by Lydia Sinclair — No comments

    The world of accounting is built on trust, respect and expertise, which is why so many recruiters look for skilled professionals to take on forensic accounting jobs to ensure that businesses are conducting themselves legally and based on these three principles. What can happen if an auditing and accounting firm do not follow these core principles is a sudden and acrimonious collapse, perhaps best ...

  • How An Afternoon Tea Shop Was Part Of A Multi-Million Pound Fraud

    Posted on Sunday, January 15, 2023 by Lydia Sinclair — No comments

    There are several trends that emerge when exploring cases of financial fraud so great that they alone create intense demand for forensic accounting jobs , and in a few cases, there are obvious signs that something is amiss. For someone like Bernie Madoff, the numbers simply did not add up from his supposed investment scheme. In the case of Enron, the business model was so deliberately obtuse that ...

  • Employment Rate Remains Lower Than Pre-Covid

    Posted on Saturday, January 14, 2023 by Lydia Sinclair — No comments

    The employment rate in the UK is still lower than it was before the Covid-19 pandemic, the latest figures have shown. Earlier this week (November 15th), the Office for National Statistics (ONS) released its Labour Market Review for November 2022 . The report showed the employment rate for July to September was 75.5 per cent. Although this remains unchanged compared with the previous quarter, it ...

  • How A Death At Sea Exposed A Major Fraud

    Posted on Thursday, December 29, 2022 by Lydia Sinclair — No comments

    On 5th November 1991, the controversial media magnate Robert Maxwell was found dead in the Atlantic Ocean in mysterious circumstances. This death triggered a series of events and investigations by forensic accountants that uncovered one of the greatest frauds in British history, where £426m were stolen from the pensions of employees at the Mirror Group over eight years, improving the demand for ...

  • Chancellor Warning Over Economy Highlights Need For Recruitment Help

    Posted on Tuesday, December 27, 2022 by Lydia Sinclair — No comments

    Accountancy graduates and those set to graduate next summer may be forgiven for feeling a sense of trepidation over what comes next, with the UK widely believed to have entered into recession - although it would require confirmation of a contraction in the final quarter of 2022 to make that official. Chancellor Jeremy Hunt has taken the position that it is pointless to offer false optimism. In ...

  • The Accounts Who Exposed Wall Street’s Biggest Fraud

    Posted on Saturday, December 24, 2022 by Lydia Sinclair — 1 comment

    Financial crimes are extraordinarily complex, both from a mathematical and human perspective, and the bright minds in forensic accounting jobs need to combine both their specialist financial and legal knowledge with the analytical and investigative skills of a detective. The story that highlights this dual purpose of forensic accountants the most is the biggest fraud in the history of Wall ...

  • How Did FTX Collapse In Nine Days?

    Posted on Thursday, December 22, 2022 by Lydia Sinclair — No comments

    The story of the collapse of the cryptocurrency exchange FTX has been compared to the fall of Enron and highlighted the importance of forensic accounting jobs to protect people and prevent wrongdoing in a fundamentally changed cryptocurrency world. However, much like with Enron and other companies that collapse so quickly and so fundamentally, the reasons behind the collapse take far longer to ...

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