Technical updates and guidance

Key information and support on the CJRS, including the latest changes and extension announced by the Chancellor in the Budget on 3 March.

Information on SEISS, the government's key support scheme for the self employed during the COVID-19 pandemic, including details of the application process.

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.

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.

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.

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.

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.

Highlights of the latest guidance published by the Financial Reporting Faculty as well as news and insights on current developments in financial reporting.

Factors to consider when preparing financial statements – updated for 2020 and early 2021 year ends.

Factors to consider when preparing micro-entity accounts – updated for 2020 and early 2021 year ends.

A volatile business environment due to the pandemic and geopolitical pressures means cyber risks are perceived as presenting the biggest liability risk to directors.

Georgina Kenyon looks at the cybercrime threat as we move toward 2022, and what boards should be considering.

As more people work in remote and hybrid environments, cyber criminals are looking for new weaknesses to exploit – and the same old tactics work best.