All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
CPA Australia flags cybersecurity risks as AI use expands in business
The report, which surveyed 1,117 accounting professionals throughout the Asia-Pacific region, points to a particular vulnerability among smaller businesses.
UK’s FRC sanctions BDO and former partners over audit failures
The probe was triggered by findings that a senior manager at BDO committed dishonest activities across several audits between 2015 and 2019.
ACCA reveals limited progress on sustainability reporting
The survey indicated that 25% of respondents said they struggle to recognise their organisation’s most important resources.
AI adoption rises in Hong Kong: CPA Australia survey
In Hong Kong, 88% of respondents reported using AI solutions such as ChatGPT and Copilot at work.
Family trust rules penalise firms for admin errors: CPA Australia
CPA Australia has urged the government to update legislation so that genuine errors can be corrected.
FRC releases discussion paper on UK XBRL Taxonomy Suite
The proposed changes focus on improving the structure and functionality of the taxonomies used for digital filings in the UK.
IFRS Foundation introduces ePub for accounting standards
The forthcoming ePub editions are designed to offer enhanced features for users, allowing them to make annotations.
US Treasury, IRS ease 2025 reporting penalties for tips, overtime
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
ICAEW details GenAI role in streamlining financial close procedures
ICAEW’s GenAI education programme addresses financial operations with a specific focus on period-end close activities.
CPA Australia urges Queensland to focus on financial sustainability
CPA Australia noted that depreciation should not be used as the sole indicator when evaluating the financial stability of councils.