All articles by Umesh Ellichipuram
Umesh Ellichipuram
US emergency savings uneven as women and mid‑career adults lag, AICPA says
Only 10% of adults aged 18–54 indicate that they have a year or more of expenses in savings.
India’s ICAI sets 60-audit cap per CA from FY26–27
The limit tightens control over how audit work is assigned and performed in partnerships, especially large companies.
Weak confidence and tax worries hit Scottish investment – ICAS
The ICAS wants government, industry and educators to work together on long-term systemic reform, rather than short-term policy fixes.
IRS allows certain taxpayers to extend ERC disallowance deadlines
The agency highlighted a streamlined path to request an extension using Form 907, if the taxpayer meets certain conditions.
ICAEW sets up Iran conflict support hub for finance professionals
The hub brings together current insight with practical tools on supply chain disruption and business continuity.
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AICPA and CIMA launch AI skills programme for accounting professionals
The initiative aims to help finance teams and leaders build the mindset, skills and governance needed for responsible AI transformation.
IPSASB seeks input on updating public sector financial statements
The project aims to create a new IPSAS to replace IPSAS 1, which has been in place since 2000.
ICAS appoints David Cruickshank as president
Cruickshank takes over the new role after serving as vice-president in 2024/25 and deputy president in 2025/26.
EFRAG sets out 2026 sustainability work programme to EC
EFRAG intends to publish an exposure draft for non-ESRS requirements in July 2026.
AFRC hits PwC with $38.3m fine and curbs over Evergrande audits
The regulator also imposed a six-month ban on PwC from taking new PIE audit work.