All articles by Vidhyamunnangi Vidhyamunnangi

Vidhyamunnangi Vidhyamunnangi

ICAEW supports new UK VAT relief for business charity donations 

The proposed measure eliminates the output VAT charge on goods donated to registered charities. 

CA ANZ introduces free sustainability playbook 

The sustainability playbook for chartered accountants aims to embed sustainability as a core competency within the accounting profession. 

FASB expands hedge accounting scope across five areas 

The update allows companies to apply hedge accounting in scenarios involving “highly effective” economic hedges.

iwoca SME index shows rising concerns over UK government policy 

The survey revealed that 66% of those surveyed predict the Budget will worsen conditions for SMEs, while just 10% expect improvements. 

IAASB publishes new ISSA 5000 reports

This new set aims to help those conducting sustainability assurance engagements by demonstrating practical ways to apply ISSA 5000. 

ACCA and CA ANZ extend alliance for five more years 

The renewal is aimed at developing member resources and responding to changes affecting the global accountancy profession. 

IFRS Foundation initiates search for new managing director   

Oversight of the recruitment process is being handled by the Trustees’ Nominating Committee, led by chair Ken Robinson. 

AI drives accounting transformation in China: CPA Australia survey  

The organisations are placing increased emphasis on achieving stronger ROI from their AI initiatives. 

RSM UK questions Reeves’ upcoming “smorgasbord” tax budget 

Although a few significant tax-raising measures are anticipated, numerous smaller announcements are likely required to address budget shortfall, states RSM UK. 

CIMA urges Chancellor to boost business confidence 

The letter, sent before final budget decisions, reflects recent feedback from business leaders and entrepreneurs throughout the UK.