All articles by Umesh Ellichipuram
Umesh Ellichipuram
ICAEW warns visitor levy could add pressure on hospitality companies
This follows the ICAEW’s latest Business Confidence Monitor, which reported that 64% of companies see the tax burden as a growing challenge.
Australian accounting bodies urge stronger PII transparency
The groups warned that PII is not meant to cover product failures or systemic collapses, and shouldn’t be the main backstop.
HMRC makes tax adviser registration mandatory from May 2026
HMRC has published initial guidance on who must register and how and when the registration process will be implemented.
ICAI issues global networking norms for domestic audit practices
The guidelines will also permit domestic chartered accountancy practices to form alliances with overseas networks.
FRC updates framework for adapted formats in annual report accounts
The update has been drafted to keep presentation requirements broadly aligned with IFRS.
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IAASB invites feedback on ISA 540 (Revised) through global survey
ISA 540 (Revised) tightens audit requirements and guidance to improve work on accounting estimates and related disclosures.
AFRC highlights transparency reports as key to trust and audit quality
The council says clear, relevant disclosures help audit committees and investors make informed choices when appointing auditors.
ISCA supports Budget 2026 moves to bolster Singapore’s accountancy sector
The institute sees the Budget as a call for accountants to play a bigger role in business resilience.
UK audit chief calls for tighter financial discipline
Gareth Davies urged the government to tighten its financial management, echoing ICAEW calls for stronger public sector financial discipline.
FRC launches consultation on temporary easing of TCA rules
The FRC said the move is intended to support “the flow of capital, enabling investment and growth”.