All articles by Umesh Ellichipuram

Umesh Ellichipuram

AFRC hits PwC with $38.3m fine and curbs over Evergrande audits

The regulator also imposed a six-month ban on PwC from taking new PIE audit work.

SAICA extends recognition agreement with US accounting bodies to 2031

The renewed agreement between SAICA and the IQAB extends mutual recognition to 30 June 2031.

IPSASB seeks comments on ED 95 and ED 96 IPSAS amendments

The drafts advance the IPSASB’s efforts to keep public sector accounting standards globally relevant.

ISSB to propose IFRS Practice Statement on nature-related disclosures

The planned Practice Statement would complement IFRS S1 and IFRS S2.

Chartered accountants urge public sector reform in Northern Ireland

The Ulster Society urged policymakers to pursue long-term growth, focusing on delivery as well as policy design.

Retreat from sustainability exposes companies to risk, ACCA warns

The ACCA said that companies are deprioritizing net-zero plans, scaling back ESG initiatives and delaying action.

CPIA finds 19% of 2022 UK audit reform proposals have been delivered

With legislation off the table, roughly 69% of the proposed reforms now seem unlikely to progress.

India’s new IT act may lift voluntary tax compliance, says official

The new act, which came into force on 1 April 2026, follows a full-scale review of the Income-tax Act, 1961.

ICAEW monitoring report points to uplift in audit quality in 2025

The report shows that 73% of the audits reviewed in 2025 were rated as good or generally acceptable.

ICAS bolsters senior leadership with two new appointments

Geoff Day joins as engagement executive director, while Cat Devaney has been promoted to executive director of learning.