21 September: Changing corporate culture doesn’t happen overnight and organisations must embrace reform from top to bottom to make it happen and cut out bad behaviour, argues corporate ethics expert Lord Gold.
Latest ICAEW Insights and accountancy news for September 2020
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21 September: The National Audit Office COVID-19 cost tracker provides critically important data about the current £210bn cost of the pandemic but disappoints in the way it presents this financial information.
The #icaewchartoftheweek is on China: with 1.4bn people, the largest country in world by population.
18 September: ICAEW welcomes a new government scheme that encourages the adoption of new technology in manufacturing.
18 September: Shop closures during lockdown left a hole in charities’ budgets but continued rate reliefs and an extension to the retail grant scheme would help charity shops recover
18 September: Can auditors learn to make the call of whether or not to trust outcomes presented by a machine, a human or a mixture of both?
18 September: Tributes have flooded in following the death of 31-year-old chartered accountant Elliot Dallen, whose moving testimonials about living with terminal cancer made a huge impression with readers around the world.
17 September 2021: Duty-free shops will return from 1 January 2021, but international visitors to Great Britain will no longer be able to buy and take with them tax-free purchases from other retailers in the country as the VAT retail export scheme is scrapped.
17 September: In light of COVID-19, ICAEW’s Financial Reporting Faculty has published new guidance on how to improve disclosures when preparing accounts in accordance with FRS 102.
17 September: European Commission President Ursula von der Leyen used her first set-piece ‘State of the European Union’ speech yesterday to outline her vision for the coming years and make several ambitious policy announcements. Susanna Di Feliciantonio, ICAEW Head of European Affairs, reviews the key points.