All articles by Umesh Ellichipuram

Umesh Ellichipuram

Income tax returns for AY 2026-27 surpass 78 million in India

In a post on X, the Income Tax Department described the turnout as a “record”.

US IRS audit revenue falls 35% to $6.5bn – report

The drop in audit revenue came after the current administration downsized the IRS workforce.

ISCA AI Fluency Programme draws over 15,000 enrolments

The initiative serves as the national AI training programme designed specifically for Singapore’s accountancy sector.

ACRA, SID to launch governance programme for company directors

The initiative aims to enhance corporate governance standards across Singapore’s business sector.

SCSI introduces new building investment fund reporting standard

The standard outlines how chartered building and property management surveyors prepare Building Investment Fund Reports.

IAASB opens new engagement options on audit proposals

A user survey will allow for feedback on specific parts of the proposals without the need to respond to the whole consultation.

CA ANZ backs TPB sanction reforms, seeks suspension safeguards

The accounting body urged tighter safeguards around the board’s suspension powers.

ACCA urges support for SMEs as sustainability data demands grow

The accountancy body also called for tailored reporting rules based on industry and company size.

AICPA refreshes accounting and auditing guidance for digital assets

The revisions help professionals apply current standards to emerging business models more consistently.

ISCA, GDUFS sign MoU to deepen accountancy education collaboration

The five-year agreement covers cooperation in accountancy education, professional growth and talent training.