CA daily briefing: Friday 19 June
Your essential briefing of the morning's top news stories.
Good morning, Andrew Harbison here to give you today's latest news and updates.
The latest from ICAS
The ICAS Ethics Board has responded to the International Ethics Standards Board for Accountants (IESBA) Exposure Draft ‘Proposed Revisions to the Non-Assurance Services Provisions of the Code’ in relation to proposed revisions to the International Independence Standards - Part 4 of the IESBA Code of Ethics - which apply to professional accountants in public practice when providing assurance services. Ann Buttery reports on the responses key points.
Today's top stories from around the web
- UK government borrowing hits record high in May as virus weighs (BBC News)
- Johnson tells Macron that Brexit talks cannot stretch into autumn (City AM)
- Wirecard hits out at fraudsters amid search for missing billions (Reuters)
- Rich clients should leave stock bubbles to day traders, UBS says (Bloomberg)
- Australian cyber attack not ‘sophisticated’ – just a wake-up call for businesses, experts say (The Guardian)
- Shapps hires KPMG to review TfL finances after £1.6bn bailout (Sky News)
- Sunak urges US to back digital services tax (BBC News)
- FCA proposes extending coronavirus consumer credit payment holiday (City AM)
- Growing number of Britons working from home, says ONS (The Guardian)
That's all for now. Check back next week for your Monday briefing.