All articles by Kuldeep Jha
Kuldeep Jha
AICPA seeks clearer CAMT rules from Treasury and IRS
One of the main requests is for Treasury and the IRS to withdraw the purchase accounting and push-down accounting adjustment rules.
ICAEW warns against blanket certification rule for recycled plastic packaging
The chartered accountancy body said the current design of the plastic packaging tax already offers protection for tax revenues.
US Treasury and IRS issue draft rules on employer contributions to Trump Accounts
The draft rules also set out how non-discrimination requirements would apply to Trump Account contribution programmes and dependent care assistance programmes.
India mulls regulator-led oversight for multidisciplinary firms – report
This would let bodies for chartered accountants, company secretaries and cost accountants discipline their members for misconduct inside multidisciplinary companies.
Finance teams step up use of AI, but trust concerns remain – study
The survey found that 93% of finance professionals are worried about the integrity and verifiability of AI-generated insights.
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Hong Kong watchdog considering tougher stance on underperforming audit practices
The regulator has identified unused capacity among practices that currently audit few or no listed companies, and believes this could help meet rising demand.
India’s MCA questions ICAI authority on global networking rules
At the centre of the matter is whether a framework with regulatory implications should be issued by the government rather than the accounting body.
ICAS members call for bigger government role in AI regulation
An ICAS survey found that 60% of CAs want greater government intervention in AI regulation.
ACCA Regulatory Board chair Lucy Winskell steps down
The accounting body also said ongoing geopolitical developments in different parts of the world continue to create uncertainty and are affecting the regulatory landscape.
UK business confidence drops to lowest level since late 2022 – ICAEW survey
Geopolitical risk was identified as the fastest-growing threat to business performance, with 65% of respondents saying it was a concern.