Savantill

Audit Committees Must Take Climate Change \”A Lot More Seriously\”

The recognition of climate-related matters among audit committees has not been strong enough despite a spate of recent events highlighting the significance of the issue for organisations, market participants have said. “Boards and audit committees need to start taking the risks associated with climate change a lot more seriously, accelerate their mitigation plans and discuss […]

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Watchdog Questions Effectiveness of Kickstart Job Placement Scheme

It is unclear whether the government\’s Kickstart scheme is creating quality job placements for 16-24 year olds, a watchdog says. It is also unclear whether jobs created through the scheme would have been created anyway, the National Audit Office (NAO) said. The \”jury is out\” on whether Kickstart will help people, Public Accounts Committee Chair

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ACCA Welcomes Budget Announcement to use Balance Sheet Information to Achieve Sustainable Public Finances

Innovative approach to the UK’s fiscal framework is a game changer and puts finance at the heart of government decision making, according to the ACCA. The UK Budget has announced a new approach to the fiscal framework, taking a public sector balance sheet approach for the first time. The ACCA has advocated for this development,

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COP26: UK and Global Accountancy Bodies Aim for Net Zero Emissions

The UK professional body for accountants has joined global peers in making a public commitment to net zero emissions. The Institute of Chartered Accountants in England and Wales (ICAEW) yesterday announced it will sign a commitment to net zero emissions and create plans to achieve this, alongside a network of global accountancy bodies. The 13

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Autumn Budget 2021

The Chancellor of the Exchequer presented his Autumn Budget to Parliament on Wednesday 27th October 2021. Setting out the government\’s tax and spending plans for the year ahead, Chancellor Rishi Sunak said his plans were focused on the \”post-COVID\” era and would pave the way for an \”economy of higher wages, higher skills, and rising

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