CA daily briefing: Thursday 9 January 2020
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to give you today's news from ICAS and around the world.
Spotlight on ICAS
Following the publication of Sir Donald Brydon’s final report on his Independent Review into the Quality and Effectiveness of Audit, Anne Adrain summarise his proposals on Alternative Performance Measures and Key Performance Indicators.
Donald Drysdale studies a recommendation that corporation tax be devolved to Scotland, but finds it unattractive. The views expressed are his own and not necessarily those of ICAS.
Susan Cattell explains why all incorporated charities, regardless of size, need to think about the corporate criminal offence of failing to prevent the criminal facilitation of tax evasion - and highlights the publication of some guidance which might help small charities.
Today's top stories from around the web
- Worst year for retail in 25 years, says trade body (BBC News)
- China's Vice Premier Liu to sign US trade deal in Washington next week (Reuters)
- Marks & Spencer: Strong food sales but clothing slips again (City AM)
- Britain's biggest high street banks affected by Travelex cyber attack (Sky News)
- John Lewis warns it may not pay staff bonus (BBC News)
- Shareholders call on Barclays to end fossil fuel investment in landmark climate crisis resolution (The Independent)
- Tesco's sales fall in 'challenging' market (BBC News)
- British Airways-owner IAG says Willie Walsh to stand down (Reuters)
- Brexit: EU's Ursula von der Leyen warns Boris Johnson full trade deal not possible before deadline (Sky News)
- 'Return the dividend': Woodford investors blast £13.8m windfall (The Guardian)
That's all for today, check back on tomorrow for your Friday briefing.