All articles by Shivam Mishra

Shivam Mishra

CA ANZ and ACCA release guide on digital transformation of audit 

The guide aims to assist audit professionals in adapting to the rapid advancements in technology, such as AI, machine learning, and blockchain. 

FASB seeks feedback on proposed ASU for share-based customer consideration 

The proposed changes are designed to align with the principles in Topic 606, Revenue from Contracts with Customers. 

IFRS Foundation launches strategic insights group 

The group will focus on providing critical evidence and enhance the trustees’ comprehension of the impact of IFRS standards on the global economy.  

ICAI seeks to halt NFRA’s revision of audit standards  

ICAI’s request follows the recent release of revised SA 600 by NFRA for public consultation. 

Azerbaijan’s Chamber of Accounts and IFAC discuss future cooperation 

The discussions focused on enhancing accounting standards and strengthening public sector accountability. 

EFCC to intensify oversight on accountants in Nigeria

The EFCC plans to partner with accounting bodies to enforce ethical standards and implement strict penalties for violations.   

CPA Australia proposes measures to bolster Hong Kong’s financial standing 

The accounting body emphasised on the need for continued reform to attract investment and sustain the city’s global standing.  

Wolters Kluwer predicts inflation adjustments for US taxpayers in 2025 

The report highlights that more than 60 provisions in the Tax Code are subject to inflation adjustments.