All articles by Umesh Ellichipuram
Umesh Ellichipuram
CPA Australia issues warning on AI and ‘finfluencer’ tax tips amid major reforms
CPA Australia tax lead Jenny Wong said online tax tips often do not reflect how Australian tax rules operate in practice.
AAT welcomes Treasury’s response on UK AML supervision reform
HM Treasury will keep a limited oversight role, with powers to intervene when necessary.
IFRS Foundation launches global partner network for ISSB training
Under the scheme, eligible organisations can apply to become authorised training partners.
Middle East conflict hit smaller construction companies hardest, data shows
In the three months to May, 592 smaller UK construction businesses entered insolvency.
Hong Kong’s AFRC sanctions three ex-CPAs after fraud convictions
The AFRC held that Mak Kwong Yiu, Chan Lai Yee and Wong Shuk On were each guilty of CPA misconduct.
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ACCA urges HMRC to scale back new reporting demands on small businesses
The ACCA wants HMRC to prove the added reporting will bring gains that outweigh the costs incurred by compliant businesses.
AICPA urges IRS to tighten CP53E refund notice guidance
The AICPA urged the IRS to issue more explicit guidance outlining the circumstances that trigger a CP53E notice.
CPA Australia backs direction of CGT and trust reforms but flags major gaps
The body welcomed the proposed lift in the eligibility threshold for the 50% active asset CGT reduction.
HMRC inheritance tax investigations reach six‑year high – report
In 2025/26, HMRC’s risk assessors sent 4,965 IHT returns to its compliance team, a five-year high.
FRC updates UK audit enforcement rules with wider resolution options
The FRC said the changes are built on the principle that enforcement must serve the public interest.