All articles by Umesh Ellichipuram

Umesh Ellichipuram

FASB appoints four new members to investor advisory committee

The committee advises on FASB projects, market trends, and investor-relevant issues.

UK’s FRC releases guidance on using AI tools for audits

FRC said the guidance is the first issued by any audit regulator worldwide and its second on AI use in audits.

Taiwan small businesses expect stronger growth in 2026, finds survey

According to the survey, 53% of Taiwanese small businesses expanded in 2025.

Bruce Cartwright to chair Audit Scotland from October 2026

Cartwright will assume the responsibility on 1 October 2026, succeeding Colin Crosby in the role.

UK’s FRC sets out priorities in 2026–27 budget

The Financial Reporting Council (FRC) will have a budget of £73.3m for 2026–27, a 1.36% increase on the previous year.

AICPA and CIMA join SLID to boost governance among Sri Lankan businesses

Under the MoU, the two organisations will co-host workshops and specialised events.

AAT teams up with Swoop to support accountants and bookkeepers

The collaboration will be launched this month, initially for AAT licenced members only.

IESBA to examine ethical impact of private equity in accounting practices

The initiative is intended to determine whether there is a need for new ethics requirements.

UK seeks views on major corporate civil enforcement overhaul

The consultation proposes creditor protections, greater market integrity and an updated state response to corporate abuse.

SEBI widens auditor pool for research analysts and investment advisers

The regulator stated that the circulars take effect immediately.