All articles by umesh ellichipuram
umesh ellichipuram
HMRC allocates £2.4bn in creative industries tax reliefs for 2024
This figure represents a 10% increase compared to the previous year’s total of £2.19bn.
ICAEW urges government to review tax changes affecting charities
Among the proposed changes is the introduction of an outcome test for the tainted charity donations rules.
South Korea to enforce stricter sanctions for accounting misconduct
The updated regulations will see fines for intentional and sustained accounting infractions rise by nearly 50% for companies and by as much as 150% for individuals.
UK businesses face £11bn annual loss due to late payments
The study by Basware examined ‘on-time payment rates’, which indicate the percentage of supplier invoices settled by or before their due dates.
PCAOB creates Smaller Firm Resource Group
This group is intended to provide input on auditing standards, inspections, and other related PCAOB activities.
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Chartered Accountants Ireland supports government market diversification plan
The Irish Government’s market diversification plan includes more than 100 actions.
FASB adds KPMG’s Angie Storm to Emerging Issues Task Force
Storm succeeds Robert Malhotra, who has recently taken on a different role at KPMG.
India positioned to benefit from US tariff war, says ICAI president
Nanda believes that this situation will ultimately bolster India’s position as a global leader.
ISCA, EY Singapore launch career mobility initiative for chartered accountants
The initiative is designed to cultivate and retain accounting professionals in Southeast Asia.