All articles by Umesh Ellichipuram
Umesh Ellichipuram
IAASB invites feedback on ISA 540 (Revised) through global survey
ISA 540 (Revised) tightens audit requirements and guidance to improve work on accounting estimates and related disclosures.
AFRC highlights transparency reports as key to trust and audit quality
The council says clear, relevant disclosures help audit committees and investors make informed choices when appointing auditors.
ISCA supports Budget 2026 moves to bolster Singapore’s accountancy sector
The institute sees the Budget as a call for accountants to play a bigger role in business resilience.
UK audit chief calls for tighter financial discipline
Gareth Davies urged the government to tighten its financial management, echoing ICAEW calls for stronger public sector financial discipline.
FRC launches consultation on temporary easing of TCA rules
The FRC said the move is intended to support “the flow of capital, enabling investment and growth”.
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Australia introduces legislation to overhaul financial reporting framework
External Reporting Australia will be set up to establish accounting, audit, assurance and sustainability standards.
DRSC submits response on EU VSME sustainability reporting standard
The DRSC’s response follows a BMJV request made as part of a stakeholder consultation.
AFRC raises audit quality concerns amid surge in Hong Kong IPOs
The regulator voiced concern about the speed and scale at which IPO audit mandates are being taken on.
India’s ICAI announces new leadership team for 2026–27 term
The accounting body elected Prasanna Kumar as president and Mangesh Pandurang Kinare as vice-president.
NASBA appoints Tyler Nelson as vice-president of public relations
Nelson will oversee internal and external communications and develop media relationships.