All articles by Umesh Ellichipuram
Umesh Ellichipuram
Iran conflict drives sharp fall in UK business confidence, ICAEW finds
Only Yorkshire and the Humber posted a positive confidence score (2.1), while all other regions fell into the negative.
ICAI, IIPA team up to improve accounting in Indian municipalities
The collaboration aims to improve management, financial accountability and accounting practices in municipalities.
AFRC and Securities Commission Malaysia sign audit MoU
The agreement establishes a framework for consultation, information exchange and mutual assistance between the two regulators.
Big Four’s offshore audit model draws scrutiny from UK regulator
Mid-tier operators have also moved in the same direction as the UK market for qualified accountants has become more constrained.
ICAEW poll backs PM Burnham’s investment plans, flags tax risks
Nearly 57% of the respondents said easing the tax burden on businesses should be the new UK prime minister’s top priority on taking office.
IAASB seeks comments on updated ISA for LCE audits
The changes aim to keep the standard proportionate and universally applicable.
FRC publishes ARAQ 2026, reports audit quality improving but uneven
The FRC has also published audit company metrics alongside the review.
Australia’s ASIC reiterates regulatory obligations for company auditors
The move comes amid increased scrutiny of individual auditors and audit practices in the country.
Middle East conflict drives global operating costs to record high – survey
Respondents blamed rising costs on surging commodity prices and supply disruptions linked to the Middle East conflict.
IBAN signs MoUs with Belgium, Türkiye and Netherlands audit bodies
The agreements strengthen IBAN’s ties with national audit institutions throughout the Alliance.