An FRC review of Alternative Performance Measures by UK listed companies has warned that their context needs to be better explained amid concerns that profit-based measures tend to be more favourable than their GAAP results.
Latest ICAEW Insights and accountancy news for April 2021
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Incidents of payment diversion fraud are on the rise due to increased home working leaving remote staff more susceptible to being tricked. Here’s how to spot the signs.
Chartered accountant Heather Taylor took an incremental approach to sustainability, blazing a trail for other organisations to follow.
The piecemeal nature of procurement in children’s social care services, coupled with local authorities’ financial struggles, is creating a chaotic and ultra-competitive market that is not sustainable.
As ICAEW’s Climate Summit gets underway, engagement with international members points to increasing measures by businesses around the world to tackle carbon emissions, with a focus on the opportunities as well as the risks associated with the transition to net zero.
Our chart this week shines a spotlight on the UK’s public debt, focusing on the Government’s debt strategy ahead of the fast approaching Spending Review.
Figures from the latest gender pay gap report show a narrowing in some sectors, but little overall change from previous years. How has the accountancy profession fared when it comes to closing the gap?
Is outsourcing investment worth the money? Award winning journalist Stephanie Hawthorne considers how performance transparency and charge caps come into play.
A cyber attack can be enormously costly for an organisation. Here’s how to respond and recover quickly.
HMRC has revised its policy on meaning of ‘entire interest’ for the purposes of the construction self-supply charge following the Supreme Court’s judgement in the Balhousie Holdings case.
Highlights from the broader tax news week ending 13 October, which includes: new HMRC guidance on joint and several liability notices and on avoiding non-compliant umbrella companies. HMRC extends access for employer client data, is to cease benefit payments to post office accounts and confirms that DIY housebuilders can reclaim VAT on blinds and shutters.
The forms required for businesses to operate special customs procedures within a designated freeport have been published, along with further guidance on procedures for declaring goods moving into and out of sites.
Incidents of phishing attacks are on the increase as businesses adapt to hybrid working, with £754m stolen from bank customers in the first half of 2021. Here’s what to watch out for.
The UK government aims to lead on mandating climate-related financial disclosures and adopting international sustainability reporting standards but acknowledges requirements must not be excessively costly or onerous for business, says Lord Callanan.
Alison Ring, Director for Public Sector at ICAEW, has written to the Chief Secretary to the Treasury ahead of Spending Review 2021 expressing ICAEW’s view that it should be centred on the three key themes of stable funding, fiscal resilience and financial capability.