Technical updates and guidance

19 May 2020: Small employers and their tax agents will be able to submit claims for rebates of statutory sick pay linked to coronavirus from 26 May, HMRC has confirmed.

Support on the CJRS, the government scheme to help businesses retain furloughed staff during the COVID-19 pandemic, including details of the data needed to apply and details of who isn't covered.

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 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.

The Audit and Assurance Faculty have produced this two part guide for auditors, covering COVID-19 considerations for auditing going concern, and how to report when a material uncertainty relating to going concern exists.

ICAEW’s Audit and Assurance Faculty shares a recording of its recent webcast looking at the challenges in accounting for and auditing revenue as a result of the COVID-19 pandemic.

While COVID-19 will affect businesses in different ways and to different degrees, it is likely to have a significant impact on audit reports on company financial statements for the foreseeable future.

A short guide on the impact for entities with 2019 and early 2020 year-ends preparing accounts in accordance with IFRS or the IFRS for SMEs.

A 20-minute webcast exploring the financial reporting implications of COVID-19 for micro-entities.

Criminals thrive in times of uncertainty and fear, and the UK’s National Cyber Security Centre (NCSC) has already reported an increase in cyber threats which refer directly to the coronavirus. This guide outlines the key steps to basic cyber hygiene and highlights some useful resources.

It's a sad fact that criminals thrive in times of uncertainty and fear, and there's already been a spike in cyber attacks related to the coronavirus outbreak. With so many employees now working at home, often using new unfamiliar apps, companies need to be especially vigilant regarding cyber threats. So here is a quick reminder of some basic good practices and some useful resources to share with staff.

Updated 23 April: Within 24 hours of the government’s Coronavirus Job Retention Scheme being launched, online fraudsters had sent a flurry of phishing emails targeting unsuspecting businesses claiming to be from HMRC chief executive, Jim Harra.

17 April 2020: the spike in home-working has forced organisations to look at how they deal with card payments and data.