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Latest ICAEW Insights and accountancy news for January 2020

All the latest news about ICAEW and the accountancy profession.

ICAEW comment on filing extension

Commenting on the three month extension available from Companies House for the filing of accounts, Michael Izza, ICAEW Chief Executive, said:

Boris boost to business confidence

Monday 3 Febuary 2020. Business confidence has returned to positive territory in the first quarter of 2020 after being at its lowest level for a decade at the end of 2019, according to a new survey published today by chartered accountancy body ICAEW.

DAC 6 tax disclosures: final regulations published

31 January 2020: the final regulations for applying the EU directive commonly known as DAC 6 have been published. While HMRC amendments have been welcomed, there are still concerns about the level of reporting obligations and the lack of official guidance.

Climate change: from slow burner to raging fire

31 January 2020: environmental risks occupy all five of the top spots for likelihood in the latest ‘Global Risks Report’ from the World Economic Forum. “Climate change is striking harder and more rapidly than many expected,” the report warns.

Brexit: a new chapter for the UK and the EU

31 January 2020: with the UK formally leaving the EU today, the ICAEW has called for a free trade agreement with the EU that maximises market access, safeguards the accountancy profession and avoids unnecessary bureaucracy.

Brexit resilience testing: LEPs need your skills

31 January 2020: Brexit resilience testing, risk analysis and audit – sound familiar? These skills, second nature to accountants, are at the heart of Local Enterprise Partnerships’ (LEPs’) endeavours to support business. Jo Murray speaks to Mark Bretton, Chair of the LEP Network and Hertfordshire LEP.

ICAEW CEO Michael Izza reflects on Davos

31 January 2020: following his visit to the World Economic Forum, ICAEW’s Chief Executive shares the moments that captured his attention and considers the key takeaways for accountancy in this special-edition podcast.

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