All articles by Umesh Ellichipuram

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.