On this episode of the ICAEW Insights podcast we discuss the government’s latest efforts to tackle late payments, once-in-a-generation reforms to the tax system, football finance and a potential audit standard for less complex entities.
Liz Barclay, the government’s new Small Business Commissioner, outlines what her organisation is doing to tackle the scourge of late payments and explains how the pandemic has shifted the payment practices of many companies - some for better and some for worse.
ICAEW Tax Faculty’s Lindsey Wicks outlines the government’s proposed reforms to basis periods and explains the potentially huge ramifications of these changes.
Football finance expert and chartered accountant Kieran Maguire gives us the story behind the hit podcast ‘The Price of Football’, which he hosts with comedian Kevin Day.
And ICAEW’s Katharine Bagshaw explains why the IAASB thinks we need an audit standard for less complex entities.
Episode first published: 26 August 2021
Podcast recorded: 24 and 25 August 2021
Tom Herbert, online editor ICAEW Insights, We Are Sunday
All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members. This podcast was recorded during lockdown and followed all social-distancing guidelines.
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