All articles by Umesh Ellichipuram
Umesh Ellichipuram
FRC fines BDO over failings in NMCN audit
The regulator noted that the main failings related to BDO’s audit of NMCN’s long-term contracts.
PCAOB to modernise audit inspections with new advisory council
The organisation plans to refresh its inspections programme to keep it “relevant and resilient” by drawing on input from external experts.
Accountants drive sustainability work inside companies, finds ACCA survey
The survey gathered responses from more than 11,000 individuals across 160 countries.
Irish SME confidence slides as cost and geopolitical pressures grow: survey
The survey shows profits rose for 25% of firms, down from 32% in October, while 84% faced higher costs.
HMRC expands AI skills drive, trains more than 25,000 staff on Copilot
In 2024–2025, HMRC staff completed over 80,000 digital, data and technology courses, including more than 11,000 on AI.
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Chinese firms step up global expansion despite economic risks: report
The report flags compliance, risk management, organisation and talent as key problem areas.
ICAS backs FCA’s UK SRS plan but warns on proposed reliefs
The organisation also raised concerns that some proposed reliefs could weaken reporting.
ACCA sets four priorities to strengthen UK-EU trading ties
ACCA noted mobility of professionals would bolster the UK’s industrial strategy by helping them live and work in the country.
FRC completes FRS 101 annual review with no IFRS-driven changes
The regulator confirmed that there will be no changes in response to recent updates in IFRS Accounting Standards.
EU appoints Tina Humar as chair of code of conduct for business taxation
Humar has been appointed for a period of two years.