Coronavirus Job Retention Scheme (CJRS)
Key information and support on the CJRS, including the latest changes and extension announced by the Chancellor in the Budget on 3 March.
Technical updates and guidance
ICAEW insights and guidance on tax, audit, financial reporting and other technical issues emerging from the coronavirus COVID-19 pandemic.
Tax and coronavirus
Guidance on Self-Employment Income Support Scheme (SEISS)
Information on SEISS, the government's key support scheme for the self employed during the COVID-19 pandemic, including details of the application process.
Job Support Scheme
ICAEW's Tax Faculty provide guidance on the UK governments new job support scheme which will partially subsidise employees wages in organisations affected by the coronavirus pandemic.
Audit and coronavirus
How to report on irregularities, including fraud, in the auditor’s report – a guide for auditors
This Know-How guide from ICAEW’s Audit and Assurance Faculty covers what irregularities are, how the requirements have changed in ISA (UK) 700 (Revised January 2020), what should be reported on in the auditor’s report, and how COVID-19 may impact what is reported.
How to report an emphasis of matter under COVID-19: a guide for auditors
An auditor may conclude that a matter disclosed in the financial statements is so important that it is fundamental to users’ understanding of those financial statements. In this case an emphasis of matter paragraph will be included in the auditor’s report, which draws the reader’s attention to the entity’s disclosures.
Remote auditing frequently asked questions
This Know-How Guide from ICAEW’s Audit and Assurance Faculty considers a selection of frequently asked questions about auditing remotely in light of the coronavirus pandemic. It may be updated or extended from time to time in response to events and member feedback.
Coronavirus (COVID-19) Webcast: Considerations for auditing going concern
ICAEW’s Audit and Assurance Faculty shares a recording of its recent webcast on the challenges faced when auditing going concern in light of the COVID-19 pandemic.
Financial reporting and coronavirus
2020/21 Reporting Season
Resources to help navigate corporate reporting given the uncertainty around COVID, Brexit and other challenges.
Checklist: implications of COVID-19 for the preparation of accounts under FRS 102
Factors to consider when preparing financial statements – updated for 2020 and early 2021 year ends.
Checklist: implications of COVID-19 for the preparation of micro-entity accounts (FRS 105)
Factors to consider when preparing micro-entity accounts – updated for 2020 and early 2021 year ends.
Planning for the 2020/21 reporting season - Practical help for preparers
In this guide the Financial Reporting Faculty looks at what is different about the current reporting season and where to focus your efforts.
Cyber security and coronavirus
Cyber threats in 2021
What to look out for this year
How can healthcare fight cyber crime?
Article reports that the healthcare organizations have come under intense pressure since the outbreak of the Covid-19 coronavirus, and they are also battling a dramatic increase in cyber security incidents linked to the pandemic.
Helping charities, NGOs and not-for-profits stay safe
20 October 2020: Heightened levels of uncertainty combined with the hugely increased number of people working from home has created a perfect storm for fraudsters in the charity world, reports Mark Blayney Stuart.
What role can board members play in the recovery?
We talk to three experienced board members in the US, Europe and Asia about COVID-19, and their predictions for the future. Interviews by Tim Stafford.
COFAs - Stay alert and take a stand against cybercrime
The term "stay alert" is something we have all become accustomed to in recent months as we continue through the implications of the current pandemic.
Fraud: a case of ‘when’ not ‘if’
13 May 2020: the Fraud Advisory Panel is the voice of the counter-fraud profession, committed to tackling fraud and financial crime.
Webinars
Upcoming webinars
| Date | Webinar title | Accessibility and cost | Booking |
|---|---|---|---|
| 7 May 12:00–13:00 | CJRS: the final phase calculations explained From 1 July 2021 the level of the CJRS grant will be reduced to 70% of salary for hours not worked and from 1 August 2021 it will be reduced again to 60%. Join Kate Upcraft and Anita Monteith for this webinar to learn more about the final extension to the CJRS scheme and how the rules will be changing for this final phase. Worked examples will be used to illustrate the changes. |
Free to all | Book now |
| 15 June 10:15-10:55 |
Post-COVID recovery- views from across the world What will our global economies look like when the pandemic is over, and how will we get there? What business models and working practices are here to stay? Join this ICAEW Virtually Live panel at to hear what leaders see as the future, leading to a world of sustainable economies. Panel: Julie Brown, CFO Burberry, Jaqueline Chan, CFO and Managing Director, DBS Bank Hong Kong and David Mellor, CEO, Crowe Global, US. |
No charge for ICAEW members, Community members and students | Book now |
| 15 June 14:45-15.25 |
Entrepreneurialism- making the most of the landscape The pandemic, despite all of the hardships, have driven a wave of entrepreneurialism through start-ups, growth at scale and innovative thinking. In this ICAEW Virtually Live session hear from ICAEW members riding this wave as they discuss the challenges and opportunities the global landscape presents. Panel: Andries Smit, CEO Upside Saving; Clare Urmston, CFO ANEMOI; Tanuvi Ethunandan, CEO Data Duopoly |
No charge for ICAEW members, Community members and students | Book now |
On-demand webinars
| Date recorded | Webinar title | Accessibility and cost | Booking |
|---|---|---|---|
| 29 April 2021 | First Covid, then Brexit: what finance needs to know for successful adaptation in times of change Join this webinar to get an overview of how organisations are preparing for the post-Covid and post-Brexit future. Get actionable insights for your organisation and learn how and why finance needs to seize the current opportunity to modernise and future-proof. |
Free to all | |
| 13 April 2021 | Self-employment Income Support Scheme (SEISS) grants - an update Applications for the fourth SEISS grants opened in late April and the fifth grant will available from late July. In this webinar Caroline Miskin, from ICAEW's Tax Faculty, navigates the significant changes to the Self Employment Income Support Scheme announced at the Budget 2021. |
Free to all | Watch now |
| 7 December 2020 | Mental health first aid – how to help those in crisis Practical steps and resources for dealing with staff and clients in crisis. |
Free to ICAEW members. | Watch now |
See the full list of on-demand webinars.