All articles by Umesh Ellichipuram
Umesh Ellichipuram
NASBA selects Katrina Salazar as nominee for 2026–27 vice-chair
Salazar is currently a NASBA director-at-large and heads its Legislative Support Committee for 2025–26.
FASB names five new members of PMAC advisory group
The new members of the PMAC are Brad Broberg, Pieter Combrink, Mary Hill, Niall O’Malley and Abhay Srivastava.
CPA Australia warns 30% trust tax would hit small businesses and families
The professional body said that the changes would impact middle earners and small businesses hardest.
Canadian regulators and audit leaders review audit quality as risks evolve
The meeting reviewed risks to audit quality and how audits support Canada’s “credible capital markets”.
Dubai’s FAA completes first internal audit quality review for CDA
The external review is a core FAA service that helps public bodies assess and improve their audit and oversight functions.
IIA seeks tougher US rules on prediction markets
The IIA sent letters to US CFTC and Congressional leaders outlining risks it sees in prediction market platforms.
Australian bodies urge small operators to engage advisers as costs rise
The business alliance noted that small companies are grappling with rising input costs, fuel volatility and high interest rates.
Weak confidence and tax worries hit Scottish investment – ICAS
The ICAS wants government, industry and educators to work together on long-term systemic reform, rather than short-term policy fixes.
AICPA and CIMA launch AI skills programme for accounting professionals
The initiative aims to help finance teams and leaders build the mindset, skills and governance needed for responsible AI transformation.
EFRAG sets out 2026 sustainability work programme to EC
EFRAG intends to publish an exposure draft for non-ESRS requirements in July 2026.