ICAEW and CIMA welcome UK Government’s small business plan
The Chartered Institute of Management Accountants (CIMA) and the Institute of Chartered Accountants in England and Wales (ICAEW) have expressed…
31 Jul 2025
ICAI revises tax audit limits for chartered accountants
The Institute of Chartered Accountants of India (ICAI) has announced revised norms for the maximum number of tax audits a chartered accountant can undertake annually. Effective from 1 April 2026,…
31 Jul 2025
FASB introduces guidance on credit losses for receivables
The Financial Accounting Standards Board (FASB) has issued an update to improve credit loss measurement for accounts receivable and contract assets. The new accounting standards update (ASU) provides optional guidance…
31 Jul 2025
ICAEW and CIPFA sign agreement to explore merger
The Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute of Public Finance and Accountancy (CIPFA) have signed a heads of terms agreement. The agreement outlines…
30 Jul 2025
AICPA backs SAFE Act to aid tax filing for domestic abuse survivors
The American Institute of CPAs (AICPA) has announced its support for the bill introduced by Senator John Fetterman that aims to provide a critical tax filing option for individuals who…
30 Jul 2025
Urgent need for consistent accounting of carbon-related instruments: ACCA
The Association of Chartered Certified Accountants (ACCA) and the Adam Smith Business School at the University of Glasgow have released a study highlighting the urgent need for consistent accounting of…
30 Jul 2025
ICAEW backs VAT relief for donated goods
The Institute of Chartered Accountants in England and Wales (ICAEW) has expressed support for the new VAT relief for donated goods but has made a series of recommendations. The ICAEW’s…