ICAEW Insights
93 episodes - English - Latest episode: 12 days ago -In this podcast series from the Institute of Chartered Accountants in England and Wales, a panel of guests dissect the latest headlines and provide expert analysis on the top stories from across the world of business, finance and accountancy
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Episodes
ICAEW Insights in focus: How to bring a business back from the brink
August 31, 2022 15:00 - 25 minutes - 17.5 MBIn this Insights In Focus episode, we explore the multifaceted role of the insolvency professional by hearing from both practitioner and client. Fraser Dick, managing director of Perfection Alloys, shares how the technical and emotional support of Tyrone Courtman, partner at RSM UK Restructuring Advisory, steered the business away from insolvency and towards recovery. Tyrone goes on to explain his process for assessing the viability of businesses experiencing difficulties; and what motivat...
ICAEW Insights: How to fix the airline industry
August 11, 2022 08:00 - 34 minutes - 24 MBOn the latest ICAEW Insights podcast, we explore the problems facing the aviation sector with experts Matthew Davy, director at Strategy& UK, and Eleni Kaloyirou, CEO of Hermes Airports, Cyprus. The panel discuss the business drivers behind this summer’s flight woes, including the effects of ongoing staff shortages. Plus, we examine the long-term pressures facing the industry as passenger travel finds new equilibrium following the pandemic. We then meet ICAEW climate change executive Sarah...
ICAEW Insights In Focus: Levelling Up won’t leave with Boris, and the big opportunity ahead
July 21, 2022 13:00 - 42 minutes - 29.5 MBIn this special edition of Insights In Focus, Iain Wright, ICAEW’s Managing Director, Reputation & Influence, is joined by Majeed Neky, Head of Policy, Levelling Up Taskforce at the Department for Levelling Up, Housing and Communities, Gill Morris, Chief Executive, Devo Connect and Sarah Longlands, Chief Executive, Centre for Local Economic Strategies. In the interregnum between Boris Johnson’s resignation speech and a new leader taking over, it’s easy to declare an end to the Conservatives...
ICAEW Insights In Focus: Recession? What recession? Time for business to stop worrying and start investing
July 18, 2022 15:00 - 34 minutes - 23.5 MBIn this special edition of Insights In Focus, Iain Wright, ICAEW’s Managing Director, Reputation and Influence is joined by Kitty Ussher, Chief Economist at the Institute of Directors, and Suren Thiru, ICAEW’s Director, Economies. Talking on the morning that UK GDP figures for May were released showing an unexpected return to economic growth, Kitty and Suren both tell Iain why managers and business owners should be more confident in the economy’s medium-term health. Inflation rates are lik...
ICAEW Insights: The pain – and potential gains – of rising inflation
July 13, 2022 15:00 - 19 minutes - 13.7 MBOn the latest ICAEW Insights podcast, we speak to Martin Wheatcroft about rising inflation and what that means for businesses, plus capital allowances reforms. Inflation is rising at a record pace across the world, triggered by the COVID-19 pandemic and exacerbated by a perfect storm of world events, including the war in Ukraine. We explore the impacts of this, both negative and positive, and what it might mean for public finances. We also take a look at the government’s plans for capital...
Insights In Focus: What are the issues with tackling fraud?
June 30, 2022 09:00 - 21 minutes - 14.8 MBIn this Insights In Focus episode, we take a look at the upward trend in instances of fraud: what factors make it easier for fraudsters, and what can the profession do about it? Instances of fraud have been on the rise since 2019, particularly during the pandemic, as economic criminals exploited new weaknesses created as a result of the rapid introduction of COVID-19 measures. Last month, the UK government issued its feedback statement on audit and corporate governance reform, which outlin...
ICAEW Insights In Focus: What are the issues with tackling fraud?
June 30, 2022 09:00 - 21 minutes - 14.8 MBIn this Insights In Focus episode, we take a look at the upward trend in instances of fraud: what factors make it easier for fraudsters, and what can the profession do about it? Instances of fraud have been on the rise since 2019, particularly during the pandemic, as economic criminals exploited new weaknesses created as a result of the rapid introduction of COVID-19 measures. Last month, the UK government issued its feedback statement on audit and corporate governance reform, which outlin...
Levelling up: data and devolution
June 07, 2022 19:00 - 23 minutes - 16.4 MBOn the latest ICAEW Insights podcast, we speak to Ed Humpherson, Director General of The Office for Statistics Regulation about the importance of data for the Levelling Up agenda. The levelling up agenda aims to bring a better balance to the UK economy, but this is no easy undertaking, involving huge infrastructure projects and changes to everything from tax to devolution to regional funding. Ed discusses the importance of good data in moving the Levelling up agenda, where the critical gaps...
ICAEW Insights: Levelling up - data and devolution
June 07, 2022 19:00 - 23 minutes - 16.4 MBOn the latest ICAEW Insights podcast, we speak to Ed Humpherson, Director General of The Office for Statistics Regulation about the importance of data for the Levelling Up agenda. The levelling up agenda aims to bring a better balance to the UK economy, but this is no easy undertaking, involving huge infrastructure projects and changes to everything from tax to devolution to regional funding. Ed discusses the importance of good data in moving the Levelling up agenda, where the critical gaps...
Economic crime, Russia/Ukraine and the Spring Statement
March 29, 2022 10:00 - 31 minutes - 21.4 MBThe horrific situation in Ukraine has had wide-ranging impacts and implications across the world, not least the fight against economic crime. In the UK, this is a huge undertaking. Will the new Economic Crime Act make a difference? Solicitor and economic crime specialist Matt Corn discusses the climate for economic crime in the UK and how the new Act will work in the context of existing UK law. Last week, the Chancellor Rishi Sunak delivered his Spring Statement with expectations high for...
ICAEW Insights: Economic crime, Russia/Ukraine and the Spring Statement
March 29, 2022 10:00 - 31 minutes - 21.4 MBThe horrific situation in Ukraine has had wide-ranging impacts and implications across the world, not least the fight against economic crime. In the UK, this is a huge undertaking. Will the new Economic Crime Act make a difference? Solicitor and economic crime specialist Matt Corn discusses the climate for economic crime in the UK and how the new Act will work in the context of existing UK law. Last week, the Chancellor Rishi Sunak delivered his Spring Statement with expectations high for...
ICAEW Insights In Focus: Death and digital assets
March 21, 2022 17:00 - 40 minutes - 27.7 MBIn this Insights in Focus episode, we look at what happens to your digital assets after you die. A large proportion of our lives are now lived online. The digital footprint of the average person on the street is getting bigger and bigger. Some of that includes assets that we really value, both from an emotional and financial perspective. Journalist and author Jamie Bartlett looks to answer the question: what happens to those assets when we die, and what do we need to consider? Catherine M...
Insights In Focus: Death and digital assets
March 21, 2022 17:00 - 40 minutes - 27.7 MBIn this Insights in Focus episode, we look at what happens to your digital assets after you die. A large proportion of our lives are now lived online. The digital footprint of the average person on the street is getting bigger and bigger. Some of that includes assets that we really value, both from an emotional and financial perspective. Journalist and author Jamie Bartlett looks to answer the question: what happens to those assets when we die, and what do we need to consider? Catherine M...
ICAEW Insights: Digital assets and inflation issues
February 28, 2022 16:00 - 20 minutes - 13.9 MBOn the latest ICAEW Insights podcast, we speak to Jamie Bartlett, author and presenter about the importance of digital assets. These assets can include NFTs, cryptocurrencies and prizes email addresses and social media handles. What happens to them when we die? Jamie discusses how to look after your digital shadow. Then, Sunday Times Economics Editor and author David Smith discusses the conditions that have created the rising inflation we’re seeing in the UK. Are those conditions easing?...
Insights In Focus: How do we tackle domestic modern slavery?
February 16, 2022 16:00 - 30 minutes - 20.7 MBWe take a look at the issue of domestic modern slavery, and how authorities and prosecutors look to build a case under the Modern Slavery Act. Before the Modern Slavery Act came into force in 2015, criminals would get a longer sentence for moving 3kg of cocaine than for trafficking 300 people. It is a critical piece of legislation in tackling modern slavery in the UK, where it is still a significant issue. Businesses are feeling considerable pressure as a result of rising inflation, supply...
ICAEW Insights In Focus: How do we tackle domestic modern slavery?
February 16, 2022 16:00 - 30 minutes - 20.7 MBWe take a look at the issue of domestic modern slavery, and how authorities and prosecutors look to build a case under the Modern Slavery Act. Before the Modern Slavery Act came into force in 2015, criminals would get a longer sentence for moving 3kg of cocaine than for trafficking 300 people. It is a critical piece of legislation in tackling modern slavery in the UK, where it is still a significant issue. Businesses are feeling considerable pressure as a result of rising inflation, supply...
Charity challenges, non-financial misconduct and tax fraud
January 20, 2022 15:00 - 34 minutes - 23.8 MBIn this episode of ICAEW Insights, we look at the issues facing charities in the UK, the increasing focus of regulators, investors and stakeholders on non-financial misconduct and what’s new with tax. Host and ICAEW financial services director Philippa Kelly is joined by the Institute’s head of charities and voluntary sector, Kristina Kopic, to discuss the challenges the sector has faced over the past two years. It has been difficult for charities to both operate sustainably and support us...
ICAEW Insights: Charity challenges, non-financial misconduct and tax fraud
January 20, 2022 15:00 - 34 minutes - 23.8 MBIn this episode of ICAEW Insights, we look at the issues facing charities in the UK, the increasing focus of regulators, investors and stakeholders on non-financial misconduct and what’s new with tax. Host and ICAEW financial services director Philippa Kelly is joined by the Institute’s head of charities and voluntary sector, Kristina Kopic, to discuss the challenges the sector has faced over the past two years. It has been difficult for charities to both operate sustainably and support us...
ICAEW Insights In Focus: What to expect from 2022 – part 1
December 23, 2021 17:00 - 22 minutes - 15.6 MBIn the first ICAEW In Focus podcast of 2022, Chief Executive Michael Izza looks at the biggest issues facing business and the wider economy, with help from experts from around the Institute. The global economy is going through significant change at the moment, some of it long term, some of it short. For instance, we’re seeing the start of a gradual transition away from fossil fuels, starting with coal. At the same time, we’re seeing a huge increase in inflation – a symptom of more immediate...
ICAEW Insights In Focus: What to expect from 2022 – part 2
December 23, 2021 17:00 - 23 minutes - 15.9 MBIn the second of a two-part special Insights In Focus podcast, ICAEW Chief Executive Michael Izza discusses non-financial reporting, public sector finances, and the big tech trends of 2022. At the end of 2021, we saw some significant developments towards a coherent framework for non-financial reporting standards. The formation of the International Sustainability Standards Board by IFRS in November was a huge step forward. But if we’re going to make progress in tackling climate change iss...
Insights In Focus: What to expect from 2022 – part 2
December 23, 2021 17:00 - 23 minutes - 15.9 MBIn the second of a two-part special Insights In Focus podcast, ICAEW Chief Executive Michael Izza discusses non-financial reporting, public sector finances, and the big tech trends of 2022. At the end of 2021, we saw some significant developments towards a coherent framework for non-financial reporting standards. The formation of the International Sustainability Standards Board by IFRS in November was a huge step forward. But if we’re going to make progress in tackling climate change iss...
Insights In Focus: What to expect from 2022 – part 1
December 23, 2021 17:00 - 22 minutes - 15.6 MBIn the first ICAEW In Focus podcast of 2022, Chief Executive Michael Izza looks at the biggest issues facing business and the wider economy, with help from experts from around the Institute. The global economy is going through significant change at the moment, some of it long term, some of it short. For instance, we’re seeing the start of a gradual transition away from fossil fuels, starting with coal. At the same time, we’re seeing a huge increase in inflation – a symptom of more immediate...
ICAEW Insights: Greenwashing, EBITDAC and TAM Day
December 16, 2021 14:00 - 32 minutes - 22.6 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On the show, ICAEW’s financial services director Philippa Kelly joins host Tom Herbert to assess the potential for regulating ‘greenwashing’ and ask whether 2022 will be another year of calculating EBITDAC for the nation’s businesses. ICAEW Tax Faculty’s Lindsey Wicks puts the government’s Tax Administration and Maintenance day under the microscope and outlines the...
ICAEW Insights In Focus: What next after COP26?
November 29, 2021 12:00 - 40 minutes - 28.1 MBOn the latest Insights In Focus podcast, we reflect as the dust settles on the COP26 discussions in Glasgow, it’s time to assess and reflect on what was – and wasn’t – achieved. For almost 30 years, governments and policy makers have been meeting at the Conference Of Parties (COP) to try to solve the problem of climate change. In that time, it has gone from a seemingly distant issue to an imminent existential threat. Paris 2015 was the first major COP event to feel significant to the wide...
Insights In Focus: What next after COP26?
November 29, 2021 12:00 - 40 minutes - 28.1 MBOn the latest Insights In Focus podcast, we reflect as the dust settles on the COP26 discussions in Glasgow, it’s time to assess and reflect on what was – and wasn’t – achieved. For almost 30 years, governments and policy makers have been meeting at the Conference Of Parties (COP) to try to solve the problem of climate change. In that time, it has gone from a seemingly distant issue to an imminent existential threat. Paris 2015 was the first major COP event to feel significant to the wide...
ICAEW Insights: SME recovery, sustainability standards and cryptoassets nudge
November 18, 2021 15:00 - 33 minutes - 23.1 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On the show, we speak to Small Business Minister Paul Scully about how the government intends to help small businesses hit hard by the pandemic, what chartered accountants working in or advising small businesses can do, and how to tackle the UK’s productivity puzzle. With the resolutions from the COP26 climate conference fresh in our minds, ICAEW’s Sarah Dunn outli...
ICAEW Insights In Focus: Prizing the public pound
October 27, 2021 15:00 - 19 minutes - 13.6 MBOn the latest ICAEW Insights in Focus podcast, we take a look at The Fabian Society’s new pamphlet on delivering value for money on public spending. Transparency in public spending has never been more important. With public services under increasing pressure, government debt rising and targets in areas such as carbon emissions to be met, any spending must be backed with evidence that it will deliver value to the taxpayer. The Fabian Society, Britain’s oldest think tank, has been developin...
ICAEW Insights: Autumn Budget and Spending Review: turbocharge or temperance?
October 19, 2021 15:00 - 34 minutes - 23.8 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. In this special edition, we’re joined by experts from across ICAEW’s tax and public sector team to preview the government’s Autumn Budget 2021 and Spending Review, which takes place on Wednesday 27 October. Normally one of the biggest financial events of the year in its own right, this Budget has assumed even greater significance, being the first since the easing o...
ICAEW Insights In Focus: Anatomy of a cyber attack
October 13, 2021 14:00 - 36 minutes - 25.1 MBOn this week’s ICAEW Insights in Focus podcast, we take an in-depth look at a real-life cyber attack. It was a seemingly ordinary day in Gareth’s* life. Then the phone started ringing, and it never stopped. His company was the target of a ransomware attack. Years later, he shares his story with journalist and author of 'The Dark Net', Jamie Bartlett, as part of ICAEW’s Cyber Crime Week. Cyber attacks such as phishing and ransomware are on the increase, as cyber criminals identify new ways ...
ICAEW Insights In Focus: Less Complex Entity audits
October 06, 2021 15:00 - 20 minutes - 14.1 MBWelcome to this ICAEW Insights ‘In Focus’ podcast. This is where we interrogate a specific but timely topic from the world of accountancy, business and finance. This time we examine Less Complex Entity (LCE) audits. There’s been a lot of talk about LCE audits recently and that’s because the international auditing standard-setter, the IAASB, recently issued an exposure draft for a standard for LCE audits. This is major progress. The exposure draft issued is far from perfect, but the fact th...
ICAEW Insights: National Insurance rise, ransomware and charity fraud
September 23, 2021 09:00 - 29 minutes - 20.6 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On the show we speak to Eleanor Fairford, the National Cyber Security Centre’s Deputy Director for Incident Management, about the rising tide of ransomware, and how chartered accountants can protect themselves and their businesses. ICAEW Tax Faculty’s Lindsey Wicks outlines the details of the government’s new health and social care levy and talks us through the Off...
ICAEW Insights In Focus: The gender pension gap
September 14, 2021 14:00 - 33 minutes - 23.3 MBWelcome to this ICAEW Insights ‘In Focus’ podcast. This is where we interrogate a specific but timely topic from the world of accountancy, business and finance. This time we examine the gender pension gap. We hear a lot about the gender pay gap – the difference between the average earnings of men and women, but the pensions gap has had little attention, yet it is actually more acute. While the gender pay gap among full-time employees in April 2020 was 7.4%, and it was 15.5% among all employ...
ICAEW Insights: Late payments, basis period reform and football finance
August 26, 2021 16:00 - 35 minutes - 24.1 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On this show, we’ll speak to Liz Barclay, the government’s new Small Business Commissioner, on efforts to tackle the scourge of late payments. ICAEW Tax Faculty’s Lindsey Wicks outlines the implications of the government’s proposed reforms to basis periods. Football finance expert and chartered accountant Kieran Maguire gives us the story behind his hit podcast ‘T...
ICAEW Insights In Focus: Access to finance - supporting small businesses
August 18, 2021 13:00 - 30 minutes - 21.2 MBWelcome to this ICAEW Insights ‘In Focus’ podcast. ICAEW’s Head of Corporate Finance, David Petrie, is joined by a panel of experts to discuss debt, equity and other funding options for small businesses in the light of government intervention as a consequence of the pandemic and the return to growth. Host: David Petrie, Head of Corporate Finance, ICAEW; Guests: - Graeme Sands, Corporate and Growth Banking Director, Virgin Money UK; - Steve Cordiner, Head of Unquoted Investment, Gresham...
ICAEW Insights: Blurring boundaries, e-money accounts and the future of tax
July 21, 2021 19:00 - 27 minutes - 18.6 MBWelcome to this ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On this show, we’ll look at how the boundaries between accountants’ personal and business lives have blurred during the pandemic, resulting in a rising number of disciplinary cases involving social media. What are the professional bodies doing about this? ICAEW has responded to the government’s future-facing Tax Administration Framework Review, which is likely to a...
ICAEW Insights In Focus: Women on boards - how do we reach equality?
July 09, 2021 13:00 - 34 minutes - 23.5 MBThe pandemic has pushed back gender parity across the UK FTSE 350 to 2036, with women holding just 22% of all executive committee roles. Just 15 of the top companies have female chief executives. While we’ve made some progress in recent years, what needs to change to reach true equality? ICAEW's Susanna Di Feliciantonio and Jane Berney discuss the issue with a panel of experts. The panel: - Andrew Weir, Regional Senior Partner of KPMG in Hong Kong and Vice-Chairman of KPMG China, and Globa...
ICAEW Insights In Focus: The BEIS White Paper - how do we measure audit quality?
July 05, 2021 08:00 - 32 minutes - 22.6 MBHigh profile frauds and corporate failures has put the spotlight on auditors. Regulators have questioned the quality of audits and the lack of competition in the audit market, leading to some of the more contentious elements of the BEIS whitepaper. What’s the right approach? Anna Draper, lead partner, BDO, Jayne Kerr, director audit strategy and public policy, PwC, Tracy Gordon, director of corporate governance, Deloitte, and Katharine Bagshaw, manager, auditing standards, ICAEW, join ICAEW’...
ICAEW Insights In Focus: The BEIS White Paper – how do we restore trust through corporate governance?
June 30, 2021 14:00 - 21 minutes - 15.1 MBTrust in business and other institutions, such as Parliament and the press, has been declining for decades. How do we reverse the tide? Do the measures in the BEIS whitepaper set out a path to build back trust? In the second part of our corporate governance discussion, panellists Mala Shah-Coulon, associate partner at EY; Tom Gosling, fellow at London Business School; Andrew Ninian, director of stewardship and corporate governance, The Investment Association; John Odada, head of board and co...
ICAEW Insights In Focus: The BEIS White Paper – is ARGA the corporate governance regulator we need?
June 30, 2021 14:00 - 35 minutes - 24.3 MBThe BEIS whitepaper proposes replacing the current regulator, the Financial Reporting Council, with a new, more powerful body, the Audit Reporting and Governance Authority – ARGA. ICAEW’s Iain Wright is joined by a mega-panel of experts to discuss this proposal: Mala Shah-Coulon, associate partner at EY; Tom Gosling, fellow at London Business School; Andrew Ninian, director of stewardship and corporate governance, The Investment Association; John Odada, head of board and committees at BP; an...
ICAEW Insights In Focus: Audit and corporate governance reform: why now?
June 27, 2021 11:00 - 33 minutes - 23.2 MBThe BEIS consultation on audit and corporate governance reform proposes sweeping changes that will have a profound impact on the way corporate Britain operates. Why is this necessary now? What will it mean in practical terms? And is the timing right? Cosette Reczek, Global Head, Financial Markets Model Risk & Model Change Management at Standard Chartered Bank, Janet Williamson, Senior Policy Officer at the TUC, and John Boulton, Director of Technical Policy at ICAEW, speak to ICAEW’s Managin...
ICAEW Insights In Focus: The BEIS White Paper – why do we need audit and corporate governance reform now?
June 27, 2021 11:00 - 33 minutes - 23.2 MBThe BEIS consultation on audit and corporate governance reform proposes sweeping changes that will have a profound impact on the way corporate Britain operates. Why is this necessary now? What will it mean in practical terms? And is the timing right? Cosette Reczek, a Chartered Governance Professional with over 30 years' experience and a member of the ICAEW Corporate Governance Committee, Janet Williamson, Senior Policy Officer at the TUC, and John Boulton, Director of Technical Policy at IC...
ICAEW Insights In Focus: The Economics of Biodiversity: what the Dasgupta Review means for business and the profession
June 24, 2021 03:00 - 32 minutes - 22.1 MBIn 2019, the UK was the first major government to commission a review into the economics of declining biodiversity. Here Philippa Kelly speaks with Thomas Viegas, economic advisor to the Review, about the implications for the finance sector.
ICAEW Insights: Tax year end, Bounce Bank Loans and cryptocurrency
June 23, 2021 18:00 - 28 minutes - 19.9 MBICAEW’s Philippa Kelly and Lindsey Wicks and PwC’s Mike Jervis join host Tom Herbert to discuss the potential moving of tax year end, Bounce Back Loan repayment options, business restructuring and cryptocurrency. Welcome to this new ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance. On today’s show, with news that the government is considering moving tax year end away from 5 April, what impact could this have on businesses and indi...