23 July 2020: There is growing concern that additional debt taken on by businesses during the lockdown period could dampen the economic recovery as companies service their debt rather than invest to expand. Henning Diederichs from ICAEW’s Public Sector team reports.
Which emergency COVD-19 initiatives have been implemented by national governments around the world and what are their impacts?
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What do governments need to be thinking about in accounting for financial loan guarantees?
8 July 2020: Debate is growing about what follows next after the European Commission decision to suspend EU fiscal rules during the coronavirus pandemic, writes Susanna Di Feliciantonio, Head of European Affairs at ICAEW.
6 July 2020: The National Audit Office reports that overpayments from fraud and error reached their highest ever estimated rate in 2019-20.
5 June 2020: New papers published by Accountancy Europe provide a number of ideas on how the public sector can act in the short and long term to counter some of the main impacts of the coronavirus crisis.
5 June 2020: European Commission proposes €2tn in spending over the next seven years, including a major stimulus package.
28 May 2020: huge economic shock combined with unprecedented fiscal interventions are driving a global and UK fiscal crisis.
20 May 2020: With most European countries now easing COVID-19 related lockdowns, the EU is taking an active role to deal with the unprecedented impact of the pandemic on economic activity across Europe.
12 May 2020: ICAEW’s Public Sector team outlines five actions the government could take to ensure more equality in the rebuilding of the economy and establish an improved, ‘new normal’ in society.