Keep up to date with the latest accountancy and finance news in our weekly round-up…

 

FTSE 100 drops after Donald Trump gets coronavirus

The FTSE 100 dropped sharply at the open after US President Donald Trump tested positive for coronavirus just a month before the presidential election.

City of London will have ‘less fluid’ trade with EU, says EU official

The flow of financial services between the European Union and Britain will be less fluid from January whatever happens in talks on a future free trade deal, the EU’s financial services chief designate said on Friday.

Aviva, Deloitte and Microsoft to set new boardroom racial diversity targets

Aviva, Deloitte and Microsoft’s UK business will set fresh ethnicity targets for their boardroom and executive teams, as part of a new drive to address the “painfully slow” progress in improving racial diversity across British business.

Whistle-blower warned EY of Wirecard fraud four years before collapse

EY was warned in 2016 by one of its own employees that senior managers at Wirecard may have committed fraud and one had attempted to bribe an auditor.

Big Four accounting firms reveal ESG reporting standards

Leaders of the Big Four accounting firms have joined forces to unveil a reporting framework for environmental, social and governance standards.

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