All articles by Umesh Ellichipuram

Umesh Ellichipuram

AICPA urges clarity on H.R. 1 tax rules

The AICPA seeks direction for individuals, estates and trusts on Section 68 limits and Notice 2025–68 Trump account regulations.

ICAS warns Scottish Budget fails to address economic challenges

The Budget Bill passed its final stage at Holyrood, confirming almost £68bn ($92bn) in total funding.

HKICPA backs Hong Kong’s 2026–27 Budget

The institute described the fiscal package as “concrete and pragmatic” in promoting economic transformation.

CIMA endorses UK’s new sustainability reporting framework

The UK standards are based on IFRS S1 and S2.

CPA Australia flags deepening productivity slump

The accounting body argues that substantial tax reform is central to lifting productivity.

AICPA and CIMA study highlights uneven AI readiness

The joint research survey included responses from 1,735 executives across eight regions and industries.

ICAS launches new professional designation

ABP is only the third designation to be created by the institute in its 172-year history.

India plans major revamp to align tax and financial reporting rules

The move is aimed at removing one of the most persistent compliance pain points for companies.

CIMA urges government to use Spring Forecast to reset UK economic path

The CIMA’s secretary general outlined six priority policies to boost hiring, spur investment and drive innovation.

UK inheritance tax receipts reach £7.1bn in latest HRMC data

The authority noted that IHT receipts were around £100m ($134.86m) higher than the same period last year.