All articles by Umesh Ellichipuram

Umesh Ellichipuram

HMRC makes tax adviser registration mandatory from May 2026

HMRC has published initial guidance on who must register and how and when the registration process will be implemented.

AFRC highlights transparency reports as key to trust and audit quality

The council says clear, relevant disclosures help audit committees and investors make informed choices when appointing auditors.

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.