All articles by Umesh Ellichipuram
Umesh Ellichipuram
Executive optimism on US economy rises in Q1 AICPA-CIMA survey
Around 39% of respondents said they are optimistic about the US economy over the next 12 months.
AFRC penalises auditors over anti-money laundering failures
The penalties follow AFRC inspections between 2023 and 2025 on compliance with the AML Guidelines.
NASBA urges restoration of ‘professional’ status for accounting degrees
NASBA pointed to several risks it believes would arise if accounting is not treated as a professional field.
Female entrepreneurism on the rise, ACCA survey shows
The findings come from ACCA’s worldwide survey of more than 11,000 finance professionals in 175 markets.
UK’s OPBAS highlights areas for improvement in AML supervision
OPBAS said supervisors of professional services companies have been operating more effectively since its inception in 2018.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
AICPA urges IRS to waive penalties for farmers after Form 8995 revamp
The institute called on the IRS and the US Treasury to use their authority under section 6654(e)(3)(A) to grant penalty relief.
South Korea’s FSC reviews market conditions amid Middle East turmoil
To strengthen coordination, the FSC plans to set up a joint taskforce to monitor the Middle East conflict.
ACCA urges EC to ease cross‑border recognition of accountants
The ACCA says national rules for the accountancy profession in each member state are a major barrier to SPI goals.
CIMA says UK Spring Forecast falls short on business confidence
The CIMA doubts the forecast will lift business confidence or deliver meaningful productivity gains.
AFRC fines Mazars, Grant Thornton for breaching archiving rules
Both firms admitted misconduct and accepted the AFRC’s disciplinary decisions.