All articles by Sathya Jameson

Sathya Jameson

AICPA submits recommendations for transition to EFDS

The AICPA supports the move towards electronic payments but highlights the challenges it poses, particularly for taxpayers without a US bank account.

ASEAN regions adopt unified approach to sustainability reporting

The statement builds on a forthcoming report by ACCA, due for release at the end of July.

CPA Australia proposes five-step plan for GST reform

As the nation marks 25 years since the GST’s introduction, CPA has set forth a plan to broaden the tax base and reduce the overreliance on personal income tax.

UK’s FRC publishes guidance on AI use in audit

The guidance aims to facilitate a structured approach for integrating AI tools within audit processes and to clarify documentation requirements.

HKICPA and ACCA renew mutual recognition agreement

The tie-up aims to foster the growth of accounting sector by offering enhanced professional mobility and development prospects.

New Zealand NFP tax proposal raises concerns, says CA ANZ

Chartered Accountants ANZ argues that the “unique” nature of the not-for-profit sector warrants exemption from taxation.

ICAS calls for comprehensive financial roadmap

ICAS stresses that further clarity and a sustainable framework are crucial for addressing the financial and service delivery challenges facing the nation.

ICAEW four principles for evolution of reporting accountant role

The chartered accountancy body’s new paper addresses the need for reporting accountant’s independent assurance work to adapt to support economic growth and enhance the competitiveness of UK capital markets.

AICPA raises SALT deduction concerns

The AICPA submitted a letter to the Senate Finance Committee leadership, expressing concerns, and offering two recommendations.

Small government bodies face compliance challenges

The report highlights that smaller entities often lack the personnel, expertise, and resources of larger counterparts.