The furore over coronavirus is hitting businesses with unintended accounting consequences for post-balance sheet events, going concern and disclosures. Andrew Marshall FCA, senior technical partner at KPMG UK, examines the key risks

The Pensions Regulator (TPR) is consulting on changes to its code of practice for defined benefit (DB) funding, which will see a new twin-track compliance approach to valuations and create a clear benchmark

The International Ethics Standards Board for Accountants (IESBA) is to update the code of ethics in response to the pace and magnitude of change caused by disruptive technological innovations

Employers need to know the rules when it comes to paying staff for self-quarantining or asking them to travel on business to high risk areas. Kate Palmer, associate director advisory at Pensinsula, provides useful tips for employers on dealing with Covid-19, the current strain of the coronavirus

KPMG has completed the sale of its former pensions advisory practice, marking one of the first major steps by a Big Four firm to separate out non-audit work

Outsourcer Capita is the largest employer with 63,000 staff to receive certification for tax transparency and compliance on corporation tax

The National Audit Office (NAO) has rated the Ministry of Defence’s (MoD’s) equipment plan for the next decade as ‘unaffordable’ and warns the department risks a £13bn overspend

Despite an uncertain 2019, recruitment consultants at Morgan McKinley saw a dynamic period in the accountancy and finance jobs market at the end of the year, giving hope for a strong 2020, especially in regulatory areas

The Court of Appeal has rejected plans to build a third runway at Heathrow airport criticising the government’s failure to include costings on the climate change impact

Luxury car manufacturer Aston Martin Lagonda has announced plans to ‘reset’ the business, after posting a £104.3m pre-tax loss, with its CFO asked to leave and other board changes

FTSE 100 healthcare provider NMC Health has sacked its CEO and announced its CFO is on sick leave, after the company uncovered undisclosed loans to related parties amounting to $335m (£258m)

The Financial Conduct Authority (FCA) has suffered the embarrassment of a second run-in with another regulator after 1,600 individuals had details disclosed online