All the latest news about ICAEW and the accountancy profession.
Don't miss out on our daily summary of what's happening in the world of accountancy. If you are a member you can change your contact preferences so it is delivered daily to your mailbox.This week’s chart looks at how much progress there has been in vaccinating an estimated global population of 7.8bn people, and how much is left to be done.
New stress tests to reveal the level of exposure and resilience of the UK’s largest financial institutions to climate change have been announced by the Bank of England, as it looks to beef up the sector’s ‘relatively immature’ experience and expertise in modelling climate-related risks.
Good cybersecurity succeeds and fails on people, so it's essential for chartered accountants to create and foster a strong security-aware culture in their organisations.
Attempts to beef up the UK’s resilience to climate change are failing to keep pace with the impacts of global warming and ever-escalating climate risks, a report just published has concluded.
ICAEW’s Women in EU Finance Network recently hosted an online panel debate looking at how incorporating a gender perspective into fiscal planning and budgetary processes can help with the assessment and targeting of the effects of policy actions and public spending on different genders.
The coming together of the IIRC and SASB to create the Value Reporting Foundation is aimed at providing a suite of tools to assess, manage and communicate value.
The swift spread of coronavirus needed an equally rapid response from government, but with business coming back to life it’s time for the economy to stand on its own again, says the Insolvency Service’s Paul Bannister.
Government plans to mandate professional indemnity insurance for tax advisers could offer important consumer protection, says ICAEW, but further discussions are needed with the insurance industry to identify a viable solution which does not have a disproportionate impact on professionally qualified advisers.
Highlights from the broader tax news week ending 16 June, which includes: G7 leaders backing global tax commitment; a word of caution on deeds of assignment; guidance on tax avoidance using unfunded pension arrangements; VAT liability of daycare services; and more support on heritage assets.
In its latest Employer Bulletin, HMRC confirms that late filing and late payment penalties under PAYE Real Time Information (RTI) will remain ‘risk-assessed’ for 2021/22. ICAEW’s Tax Faculty outlines the update and other key reminders from the Bulletin.