All articles by Umesh Ellichipuram
ICAEW urges caution on changes to uncertain tax treatment regime
The institute said that new measures must be tightly focused and avoid imposing excessive compliance burdens.
IRS restructures Security Summit to bolster tax fraud defences
The Security Summit brings together the IRS, state tax agencies, tax software providers, tax professionals and other US stakeholders.
IASB’s Global Preparers Forum appoints new member
Geetika Arora has been initially appointed for a five-year term.
ICAEW picks Caroline Smale as new president
Smale succeeds Derek Blair and will serve in the role through to June 2027.
Financial Accounting Foundation picks new member of GASAC
Joel Levy’s tenure began on 1 June 2026 and will be completed on 31 December 2027.
CIMA welcomes Skills England report, seeks rethink on Level 7 cuts
The institute has raised concerns over the move to end Level 7 apprenticeships in accounting and finance.
ACCA signs MoUs with Uzbekistan’s finance ministry and central bank
The agreements aim to support reporting reforms, widen use of international standards and boost skills in Uzbekistan’s finance sector.
AICPA seeks clear guidance on proposed Trump Accounts
The AICPA urged Treasury and the IRS to define “available” for determining who may open a Trump Account.
FRC fines BDO over failings in NMCN audit
The regulator noted that the main failings related to BDO’s audit of NMCN’s long-term contracts.
Irish SME confidence slides as cost and geopolitical pressures grow: survey
The survey shows profits rose for 25% of firms, down from 32% in October, while 84% faced higher costs.