CA daily briefing: Wednesday 20 November 2019
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here giving you your mid-week brief with the latest news from ICAS and around the globe.
Spotlight on ICAS
Anne Adrain summarises the main revisions to the Financial Reporting Council's (FRC) International Standard on Auditing (ISA (UK)) 570, Going Concern.
Ann Buttery reports on the ICAS Ethics Board’s response to the IESBA Exposure Draft on the role and mindset expected of professional accountants.
Employee Benefit Trusts (EBTs) featured in two recent High Court cases. In both cases the liquidators took action to recover monies from the directors in view of substantial tax debts arising from ‘aggressive tax planning’ with EBTs - Philip McNeill reports.
Today's top stories from around the web
- Dubai Air Show: Emirates boss says he took too long to accept climate crisis (BBC News)
- UK home prices to lag inflation on Brexit uncertainty - Reuters poll (Reuters)
- Babcock profit jumps as results meet expectations (City AM)
- Boeing wins up to $6bn of orders for grounded 737 Max jets (The Guardian)
- Why did the Lib Dems go tough on spending? (BBC News)
- FTSE 100 and global stocks lower after Donald Trump threatens more tariffs (City AM)
- Jamie Oliver's restaurant empire plots international expansion, months after UK chain's collapse (The Independent)
- Fever-Tree UK sales lose fizz due to consumer spending slowdown (Sky News)
- Uber self-driving crash 'mostly caused by human error' (BBC News)
- ECB's Lane rules out euro zone recession, says recovery in next year or two (Reuters)
That's all for today. Check back tomorrow for your essential Thursday briefing.