Has COVID-19 changed work forever? We asked ICAEW Chartered Accountants around the world to share their views on the future of work, along with the new challenges and opportunities it could bring.
ICAEW undertook a survey of its members in business in the UK, to find out how coronavirus is affecting their organisation and whether the current support schemes offered by the government are helping.
Find resources on the impact of coronavirus (COVID-19) on individual industry sectors.
New guidance from ICAS, ICAEW and PRAG on the implications of COVID-19 on pension scheme financial reports and audit.
13 January 2021: COVID-19 has increased demand for charity services while impacting revenue-raising opportunities. Helena Wilkinson, Head of Charities at Price Bailey, suggests the impact is likely to be even greater in 2021 and outlines actions charities can take to manage financial sustainability.
New helpsheet for charities on keeping themselves safe in the pandemic and beyond, issued in December 2020 by the Fraud Advisory Panel, the Charity Commission, the National Cyber Security Centre and others.
The Kruger report recognises the contribution of charities and volunteers in the support of communities during the COVID-crisis and sets out 20 recommendations for a new social covenant.
6 May 2020: the Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) have provided additional clarity for banks and SMEs regarding the two government loan schemes available during the coronavirus crisis.
4 May 2020: Philippa Kelly, Director of ICAEW’s Technical Strategy Business Group, outlines what SMEs may stand to gain from the Financial Conduct Authority’s announcement on insurance cover.
28 April 2020: the heads of the UK’s financial regulatory bodies are balancing the efficacy of the mass government lending schemes to the economy with risks like fraud and business failure
Our regular round up of legal and regulatory change.
This factsheet highlights new and modified requirements effective 1 January 2020 and beyond, and includes practical guidance on recent amendments for rent concessions and IBOR reform.
14 October 2020: ICAEW spoke to Claire Turner, Director of Evidence at the Centre for Ageing Better, about the struggles facing older workers and what action is needed to ensure financial livelihoods and fulfilling work.
7 January 2021: The government’s long-awaited investment strategy seeks to provide a coherent long-term vision on how to upgrade the UK’s economic infrastructure.
6 January 2021: A review has severely criticised Nottingham City Council over the failure of Robin Hood Energy, while Merton Council wound up its affordable housing subsidiary before building even started to cut short its losses.
4 January 2021: Audit Wales has issued reports on the 2019-20 Welsh government accounts, extra funding provided to NHS Wales, and progress against equality objectives.
Guidance published by GOV.UK for businesses that are allowed to reopen in England. Helps employers carry out a sector-specific risk assessment and make adjustments to their site and workforce in order to reopen safely.
Series of insights from PwC’s Strategy& looking at how COVID-19 is affecting industries in the UK and how organisations can meet the challenge. Industries include power and utilities; travel and leisure; aviation; government; automotive; healthcare; pharmaceutical; banking; industrial manufacturing; real estate; asset and wealth management; retail; consumer goods; telecoms; insurance.
Guidance from GOV.UK on how to open workplaces in England safely while minimising the risk of spreading COVID-19. Includes guides for close contact services; construction and other outdoor work; factories, plants and warehouses; heritage locations; hotels and other guest accommodation, labs and research facilities; offices and contact centres; other people's homes; restaurants, pubs, bars and takeaways; shops and branches; vehicles; the visitor economy.
15 January 2021: This week’s chart is on demographics, highlighting the major differences in the age structure of populations between continents and the different challenges this presents for managing public finances.
15 January 2021: The current ICAEW business confidence monitor highlighted several issues for London in 2021. How does it look on this side of the New Year?
8 January 2021: This week’s chart shows that the UK’s economy represents just over 3% of global GDP, demonstrating its relative prosperity given this is generated by just under 1% of the world’s population.