2020

Survey finds two thirds of SMEs won’t be able to pay their deferred tax liabilities in six months’ time

An expert panel of accountants representing over 16,000 SME clients in the UK have reported that 61% of firms that made enquiries for CBILS are still awaiting a response, with just 4% progressed to full application and 9% accepted…

ACCA calls for accountants to be at the vanguard of building ethical and sustainable organisations that are valued by society

ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants, has called for its members to champion the ethical standards and sustainable business practices that will build organisations that deliver more than shareholder profit…

ACCA to introduce remote exam-taking

We’re delighted to announce that we’re taking steps to ensure that ACCA students will be able to take their exams at home or in another location in circumstances where centre-based exam sittings are disruptedted…

Chief Economist Michael Taylor gives ACCA’s Covid-19 Economic Briefing 4 May 2020

ACCA’s chief economist, Michael Taylor, presents the latest of ACCA’s economic insights into the economic consequences of the Covid-19 epidemic…

Bounce in SME confidence weakened by more small firms deciding to fold

Accountants representing over 20,500 SME clients in the UK have reported more businesses have decided to dissolve or liquidate in last week, despite a bounce in confidence about the long-term situation due to the Covid-19 pandemic …

ACCA comments on Chancellor Rishi Sunak’s microbusiness loan scheme announcement

Commenting on the announcement by Chancellor Rishi Sunak, Alex Metcalfe said:…

Covid-19 having significant impact on the world’s auditors

53% of respondents say they’re experiencing pressures completing client services work, and 36% say they face an inability to meet reporting deadlines…

Global report reveals cross sector experiences of Covid-19

The future viability of smaller firms has been brought into sharp focus as the pandemic continues, finds ACCA’s research report Covid-19 global survey: inside business, impacts and responses …

Coronavirus Job Retention Scheme appears to lift immediate concerns among businesses, but outlook remains rocky, finds ACCA UK and Corporate Finance Network’s weekly SME Health Tracker

Access to cash in the short and medium-term is still an uncertainty for many businesses as they struggle with trading conditions created by the Covid-19 pandemic, reveals the latest results from ACCA UK and The Corporate Finance Network’s (The CFN) weekly poll of accountants working for approximately 11,500 small business clients across the UK…

‘Cash for SMEs needs to get flowing’ says ACCA UK and The Corporate Finance Network

Complexity is stalling the funds landing with SMEs; 1 in 10 SMEs have already had to close their business …