There are two key issues on Johnson Kong’s mind: what will COVID-19 mean for corporate restructuring; and what is the new norm of the profession once the pandemic has passed.
Latest ICAEW Insights and accountancy news for May 2020
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2 June 2020: the shock of COVID-19 measures will shrink the UK economy by record levels according to new research, but rays of hope exist for many businesses
1 June 2020: the economic fallout of the COVID-19 pandemic will leave many businesses making hard decisions and considering redundancies. ICAEW’s new collection of resources aims to help those affected.
1 June 2020: a panel of experts joined ICAEW for a webinar to provide best practice and guidance for companies looking to bring their staff back to work
1 June 2020: ICAEW’s Financial Reporting Faculty has produced a checklist to help you determine how the spread of COVID-19 might affect financial statements prepared in accordance with FRS 105.
29 May: Changes to the Coronavirus Job Retention Scheme (CJRS) will apply a month earlier than expected. From 1 July the scheme will allow part-time working, but staff must have been furloughed by 10 June to be eligible.
29 May: The Chancellor has announced a second and final grant to the self-employed who are eligible for the Self-employment Income Support Scheme (SEISS), to be capped at £6,570.
29 May 2020: Employers can file their Appendix 4, 7A and 7B end-of-year reports by email, HMRC has confirmed.
Some 50 years after the Equal Pay Act, there is still a pay gap in every sector of the economy. But does the shift in working patterns driven by coronavirus offer an opportunity to level the playing field?
29 May: Businesses have been forced to adapt their ways of working almost overnight in light of the coronavirus lockdowns and those with cloud-based systems had a significant head start.
Valuing assets in the COVID and post-COVID environments is bound to engender more questions than answers; and what will be the impact of all that government intervention?
29 May: COVID-19 has forced the issue of working from home to the forefront of many organisations thinking, but it has simply turned up the dial on a shift in working behaviour that has already been gaining pace and that the real estate sector must respond to.
29 May: The “COVID secure” message is at the forefront of the government’s return to work strategy. But what does this really mean for organisations and individuals, and will it provide a stepping stone to a safe working life after lockdown?
29 May 2020: the most-read items of technical content on ICAEW Insights during the month of May
29 May 2020: for one practice in Essex, adapting to lockdown has taught them to be more productive than ever – so much so, employees are doing a four-day week for the same salary.