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Northern Society of Chartered Accountants

At the heart of northern business since 1882

COVID-19 (Coronavirus) leads to digital approach to CPD courses 18 March 2020

COVID-19 (Coronavirus) is not just a world health emergency; it is an economic one too.

The economic impacts are plain to see and emergency provisions are being made worldwide in an attempt to support individuals, business and anyone who advises them.

ICAEW is monitoring the situation closely and collating resources as conditions unfold.

These are extraordinary times that require calm and considered action, and for us all to work together. Governments around the world are taking unprecedented steps to tackle the Covid-19 epidemic with personal, social and professional implications for everyone.   

ICAEW have been monitoring developments and taking proportionate action in line with official advice. ICAEW have implemented contingency plans and the vast majority of ICAEW employees are now working from home so that they can continue to provide ICAEW members, students, firms and stakeholders with the support they need.       

ICAEW events and offices and Northern Society courses     

Given the recent announcements by HM Government, ICAEW has decided to no longer host face-to-face events, conferences or meetings.

Where possible ICAEW will look to hold events via online platforms and will contact registered attendees directly with full details.    

Where possible we will adopt a digital approach to delivering scheduled events.This includes Northern Society courses which may be delivered by webinars or a similar digital approach.

This also means that ICAEW has also prohibited access for members and visitors at ICAEW UK offices from 17.00 on Wednesday 18 March until further notice. This includes Chartered Accountants’ Hall in London, where the business centre and One Moorgate Place Club in London are already closed.

Supporting ICAEW members

This global health emergency is fast becoming an economic one. ICAEW Chartered Accountants will play a critical role in minimising the financial distress to businesses and the wider public, and we are committed to giving our members the support they need at this time.

Resources

ICAEW are updating the ICAEW website daily and have a dedicated hub on coronavirus with the latest advice and guidance.

The ICAEW Technical Strategy department is prioritising work to support our members at this challenging time on topics such as how to access government business support, practical insight on financial management and supply chain issues, and regulatory matters including tax and business filings.   

We are conscious the situation is fast moving and want to harness your insights and expertise for the benefit of the wider profession and coronavirus preparedness across the economy.

Collaboration with government

ICAEW are already working closely with the UK Government to help make sure businesses can access support as efficiently as possible.

Learning and professional development 

We want to support everyone who is registered for our professional development events.

Where possible we will adopt a digital approach to delivering scheduled events.This includes Northern Society courses which may be delivered by webinars or a similar digital approach.

ICAEW helplines

ICAEW will continue to offer support to all ICAEW students and members during this challenging time.

ICAEW will do this through live chat (Mia our chatbot is primarily aimed at students at this time), email and our online resources on icaew.com.

We are seeking to maintain a telephone service for those who need urgent support. Check the status of all ICAEW helplines.

Your wellbeing

CABA wants to assure ICAEW members that they can contact them at any point. Any individuals or small businesses requiring emotional or financial support are encouraged to email them in the first instance.

You can access CABA resources at caba.org.uk.

Stay connected

ICAEW will continue to monitor this fast-changing situation and the impact on business and take appropriate action as necessary.

More information about COVID-19 (Coronavirus)

For the latest information from the NHS and HM Government please visit:

nhs.uk/coronavirus

gov.uk/coronavirus

About Northern Society of Chartered Accountants

Northern Society of Chartered Accountants (NorSCA) represents 4,000 ICAEW members and ACA students working in business and the finance profession across the North East of England, Teesside, northern Yorkshire and Cumbria.

We have been assisting businesses in the north of England and producing chartered accountants for over 130 years.

About ICAEW

There are over 1.8m chartered accountants and students around the world – talented, ethical and committed professionals who use their expertise to ensure we have a successful and sustainable future.

Over 181,500 of these are ICAEW Chartered Accountants and students, a powerful and diverse network of talented people, whose initiative and integrity help economies thrive. We train, develop and support each one of them so that they have the knowledge and values to help build local and global economies that are sustainable, accountable and fair.

We’ve been at the heart of the accountancy profession since we were founded in 1880 to ensure trust in business. We speak for the profession, uphold standards and campaign for progress in a volatile world. We work with others to develop strong, accountable and open economies where people can trust data, leaders can make good decisions, public finances are transparent and businesses are accountable.

ICAEW (Institute of Chartered Accountants in England and Wales) is a founder member of Chartered Accountants Worldwide and the Global Accounting Alliance.

 

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