CA daily briefing: Wednesday 01 April 2020
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to get you up-to-speed on this morning's news from ICAS and around the world.
The latest from ICAS
Voting on the ICAS elections opened today, with all members encouraged to get involved, make their selections and help to shape the future of ICAS.
An educational document has been published on the ifrs.org website that seeks to respond to questions regarding the application of IFRS 9 Financial Instruments during the COVID-19 outbreak. Anne Adrain reports.
The spread of COVID-19 continues to escalate across the UK and this has led to the introduction of mobility restrictions. These will obviously have major implications for many businesses and indeed for auditors. ICAS has issued updated guidance for auditors on attendance at stocktakes during the coronavirus outbreak.
Today's top stories from around the web
- Coronavirus: A fifth of smaller UK firms 'will run out of cash' (BBC News)
- European stock index futures slide as more coronavirus damage revealed (Reuters)
- Coronavirus: CBI calls for urgent economic relief for 'stranded middle' businesses (City AM)
- Coronavirus: Banks bow to pressure and axe shareholder payments (BBC News)
- Government set to make decision on UK's largest coalmine (The Guardian)
- Coronavirus: Johnson & Johnson vows to make 'not-for-profit' vaccine (Sky News)
- UK shop prices fall by most in nearly two years - BRC (Reuters)
- Coronavirus: Sainsbury’s uses ‘loophole’ to keep Argos open (BBC News)
- Gundlach, Marks are among those seeing more losses coming (Bloomberg)
That's all for today. Check back tomorrow for your Thursday briefing.