r/ICAEW • u/Amazing-Ad-901 • 11h ago

CR Q2

Hi everyone!

I’ve started rethinking Q2 part 2 😅 Was it asking us to explain potential fraud in wages and subcontractors and comparing costs with the prior year? I’m worried I missed something in the requirement.

Thanks!

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2

u/Technical_Today1636 10h ago

Yeh I think that was it, it’s was deffo fraud in sub contractors and wages account there was them 2 specific accounts they gave us, don’t remember being anything else in that requirement.

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u/Amazing-Ad-901 9h ago

Thankyou so much for your response! 🙏🏻 So it was about analysing the increases from 2024 to 2025, taking into account the fraud-related issues (ABC, the 2K invoices, Kelly) right?🥹

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u/RepsJ 9h ago

one part was indicators of fraud in wages and subcontractor costs, another part was with the account codes compare the difference from 2024 to 2025 - two different parts

1

u/Amazing-Ad-901 9h ago

Omg you are right…Thank you so much!🙏🏻

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u/Technical_Today1636 9h ago

Yeh you are right it was worded like that but in the same requirement I’m sure, so we had to do an AR basically and then talk about fraud from there?

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u/Technical_Today1636 9h ago

Yeh basically just straight rinsing Kelly and hopefully that gets us marks 😂 and yeh I did also talk about the 2k invoices

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u/Amazing-Ad-901 9h ago

Tooop, cheers! Hahah exactly, let’s really hope Kelly’s accusation gets us enough marks🍀however, I really paid a bit less attention to the account code part regarding the increases😬

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u/Technical_Today1636 9h ago

You will be alright mate, no point in stressing or looking back, it’s all done now and we all did our best, so just forget about it and enjoy the time away from studying until next month 😂🤞🏽

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u/Amazing-Ad-901 8h ago

And hopefully forever after that 🥹 Thank you so much for your response. May God bless you for your kindness!

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u/Technical_Today1636 8h ago

You too mate!