All articles by Shivam Mishra
Shivam Mishra
ICAI revises tax audit limits for chartered accountants
The revised guidelines specify that the limit of 60 tax audits cannot be distributed or shared among partners in a CA company.
FASB introduces guidance on credit losses for receivables
The new ASU provides optional guidance to address challenges in applying Topic 326.
ICAEW and CIPFA sign agreement to explore merger
CIPFA would join the ICAEW group while maintaining its distinct brand, legal identity, charitable status, and operational independence.
Urgent need for consistent accounting of carbon-related instruments: ACCA
Entitled ‘Reality of accounting for carbon-related instruments’, the study examines the annual reports of 300 companies in high-emitting sectors worldwide.
ICAEW backs VAT relief for donated goods
Currently, businesses can zero-rate goods donated to charities only under limited conditions.
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US accountancy body supports tax fairness for disaster victims act
The AICPA said it has long advocated for the permanent establishment of such measures to aid those impacted by disasters.
GCCs drive finance and accountancy jobs in India: ACCA
GCCs in India are transforming from back-office support hubs to global value creators, leading innovation and technological advancements.
AICPA provides feedback on proposed IRS regulations
The regulations, REG-112261-24 and REG-116085-23, focus on non-recognition of gain or loss in corporate separations and multi-year reporting requirements, respectively.
AICPA survey shows 37% of Americans face fraud post-disaster
The ACIPA’s survey revealed that 48% of Americans lack personal insurance coverage for fraud-related losses during disaster recovery.
ICAEW and ICAS raise concerns over audit reform delays
In a letter last week, Business Minister Justin Madders MP explained that the delay was due to a heavy parliamentary legislative schedule.