All articles by Umesh Ellichipuram
Umesh Ellichipuram
Australia introduces legislation to overhaul financial reporting framework
External Reporting Australia will be set up to establish accounting, audit, assurance and sustainability standards.
DRSC submits response on EU VSME sustainability reporting standard
The DRSC’s response follows a BMJV request made as part of a stakeholder consultation.
FCA finalises new protections for BNPL users from July 2026
The regulator said the measures are intended to help consumers manage their finances.
HMRC urges sole traders and landlords to prepare for digital tax regime
HMRC said thousands of sole traders and landlords have already joined MTD for Income Tax.
AICPA backs US bill to classify accounting as STEM discipline
The bill would recognise accounting as a STEM career pathway and aims to expand access to accounting programmes.
IESBA launches global surveys on ethics and the evolving role of CFOs
The surveys will invite inputs on how the responsibilities of CFOs and senior finance leaders are changing.
ICAZ in talks with UK to broaden access for Zimbabwean accountants
The arrangement aims to ease access for Zimbabwean–trained CAs to overseas markets.
HMRC charges £325m in penalties for late self-assessment payments
Accounting practice UHY Hacker Young said it does not expect HMRC to soften its approach to late filing and payment.
Germany’s DRSC seeks membership in IFRS Foundation’s SSAF
The DRSC views the SSAF’s consultative function as particularly important and wants to support the IFRS Foundation.
IRS sets out contingency measures as US enters partial government shutdown
The IRS plan is intended to cover operations through to 7 February 2026.