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Viewpoints on the news during December 2020

Opinions and news analysis, covering the worlds of business and accountancy.

ICAEW comments on post-Brexit trade deal

25-Dec-2020: Michael Izza, ICAEW Chief Executive, welcomed the UK-EU post-Brexit trade deal and the certainty around our future trading relationship with the EU. He added that no-one should underestimate the scale and complexity of the changes that companies will still need to cope with from 1 January.

Government gives green light to Redmond Review recommendations

22 December 2020: The government has responded positively to Sir Tony Redmond’s review into the effectiveness of external audit and transparency of financial reporting in local authorities, with some of the recommended reforms starting in 2021.

Accountancy recruitment outlook remains upbeat

22 December 2020: Despite a record hike in the overall number of UK redundancies, specialist accountancy recruiters remain upbeat for the sector, predicting an upturn in demand over the coming 12 months and salary increases buoyed by ongoing skills shortages.

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