Keep up with what has been happening this week in our latest accountancy news round-up…

Investors with assets of over $9trn, plan to achieve net zero carbon emission

30 of the world’s largest investors managing assets worth over $9trn including Legal & General Investment Management and Fidelity International, have pledged to achieve net zero carbon emissions across their investment portfolios by 2050.

FCA to prioritise specific sectors for audit inspection

The Financial Reporting Council have said that hey will give priority to sectors such as travel, hospitality and leisure, retail, propertyand financial services when selecting audits to review for its 2021/22 programme.

Apas Ralf Bose faces investigation after Wirecard shares trading

The head of Apas Ralf Bose, a German audit watchdog is facing an investigation after admitting he bought and sold shares in Wirecard while his firm was already under investigation.

BDO will not repay £4.5m furlough money

One of the UK’s leading accountancy firms, BDO, have refused to pay back £4.5m it received from taxpayers as furlough money despite paying its partners a total of £137m.

EY launches Brexit App to help businesses

EY has launched a free Brexit App to help businesses or various size access relevant and insight content from multiple source all on the app to help transition into Brexit with or without a UK-EU trade deal.

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