All articles by Umesh Ellichipuram

Umesh Ellichipuram

Inheritance tax cap to hit farmers, warn Azets advisers

The Finance Act 2026 will cap APR and BPR for farmer deaths after 5 April 2026.

ICAS marks social mobility milestone at admission ceremony

The ICAS Foundation helped “more than 50 young people from low-income households” achieve their CA qualification.

US, Canada and Mexico accounting bodies renew recognition pact

The organisations signed an MoU to continue their existing tripartite MRA.

AFRC sanctions auditors over registration failures and breaches

Financial penalties across the three matters amount to HK$546,000 ($69,786).

India’s CIC advises NFRA to put audit directions in the public domain

The recommendation was issued while the CIC was ruling on an appeal under the Right to Information (RTI) Act.

ACCA Ghana admits 130 new members, stresses tech readiness and ethics

The new professionals were inducted during the Accountancy Redefined: Shaping Future Skills event.

India to include crypto assets in financial account reporting from 2026

The updated framework will cover crypto assets, central bank digital currencies and specified electronic money products.

AICPA urges IRS to widen first time abatement penalty relief

The AICPA proposed allowing taxpayers to reverse automatic FTA relief by showing reasonable cause.

ACCA urges UK Government to simplify tax system to boost entrepreneurship

The accountancy body wants the government to better inform small business owners about available relief.

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.