All articles by Umesh Ellichipuram

Umesh Ellichipuram

IRS restructures Security Summit to bolster tax fraud defences

The Security Summit brings together the IRS, state tax agencies, tax software providers, tax professionals and other US stakeholders.

Chartered Accountants Ulster Society appoints new chairperson

Angela Craigan has spent more than two decades at Belfast practice HM Chartered Accountants.

IASB’s Global Preparers Forum appoints new member

Geetika Arora has been initially appointed for a five-year term.

US Treasury, IRS to propose rules on tax-exempt executive compensation

Previously, such tax was limited to the five highest‑paid employees of an applicable tax‑exempt organisation.

Economic optimism dips, while company confidence holds steady – survey

The AICPA-CIMA survey revealed that US economic optimism fell to 32% from 39% in Q1, while global optimism dropped to 19%.

SEC names five new members of small business advisory committee

The new appointees will serve four-year terms, joining 15 current commission members.

ICAEW picks Caroline Smale as new president

Smale succeeds Derek Blair and will serve in the role through to June 2027.

ACCA backs HMRC push for standardised digital tax returns

The accountancy body advised HMRC to build flexibility into any revamped system and avoid rigid processes.

EFRAG resumes work on sustainability standard for non-EU groups

The standard will apply to non-EU groups with “significant EU activities”.

Financial Accounting Foundation picks new member of GASAC

Joel Levy’s tenure began on 1 June 2026 and will be completed on 31 December 2027.