CA daily briefing: Tuesday 31 March 2020
Your essential briefing of the morning's top news stories.
Good morning, Andrew Harbison getting your morning off to an informed start with your daily briefing.
The latest from ICAS
For the pension trustees preparing relevant accounts for section 179 valuations due on 31 March 2020 and their auditors, the COVID-19 outbreak presents some significant challenges. Read the latest advice issued jointly from ICAS and ICAEW.
Christine Scott explains the latest guidance issued by the Charities SORP Committee on the financial reporting implications that may arise from the measures being put in place to contain the impact of the virus.
For the latest updates from ICAS on coronavirus, visit the ICAS coronavirus hub.
Today's top stories from around the web
- Record supermarket sales in March 'busier than Christmas' (BBC News)
- TPR paves way for three-month DB contribution holiday (Pensions Expert)
- Ratings agencies see demand surge as firms try for BoE cash (City AM)
- UK current account deficit narrows in fourth quarter (Reuters)
- Zoom booms as demand for video-conferencing tech grows (The Guardian)
- Taxpayers forego £600m from RBS payout (Sky News)
- Carluccio's collapses putting 2,000 jobs at risk (BBC News)
- UK banks likely to review dividends amid coronavirus crisis (City AM)
- Boris Johnson under pressure to speed up coronavirus testing (Bloomberg)
That's all for today. Check back tomorrow for your Wednesday briefing.