All articles by Umesh Ellichipuram
Umesh Ellichipuram
IFAC study flags growing private equity investment in accountancy companies
The study found that more than 1,000 practices globally received PE investment in the past decade.
George Mason to launch accounting and finance academy for US Navy
The academy is expected to train around 10,000 Navy financial management staff worldwide.
CPA Australia urges caution on CGT discount and negative gearing tweaks
CPA Australia recommends wide consultation to ensure tax reforms are balanced and support long-term economic and fiscal goals.
AICPA urges US DoE to classify accounting as professional degree
The AICPA said its position reflects the views of CPAs across the country.
Use of reasonable estimates can improve sustainability reporting, ACCA says
The ACCA’s new report examines how organisations are currently estimating sustainability information to reflect present-day conditions.
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Korea’s FSC to scrap caps on whistleblower rewards
Under the proposal, whistleblowers could receive up to 30% of recovered illicit gains or penalties.
AICPA urges clarity on H.R. 1 tax rules
The AICPA seeks direction for individuals, estates and trusts on Section 68 limits and Notice 2025–68 Trump account regulations.
ICAS warns Scottish Budget fails to address economic challenges
The Budget Bill passed its final stage at Holyrood, confirming almost £68bn ($92bn) in total funding.
HKICPA backs Hong Kong’s 2026–27 Budget
The institute described the fiscal package as “concrete and pragmatic” in promoting economic transformation.
CIMA endorses UK’s new sustainability reporting framework
The UK standards are based on IFRS S1 and S2.