All articles by Umesh Ellichipuram
Umesh Ellichipuram
UK accountancy student numbers rise despite global decline – FRC
The report found that UK and ROI accountancy student numbers rose between 2024 and 2025 despite a global drop.
Singapore’s ACRA issues guidance on responsible use of AI in audits
The regulator noted that responsible AI use is as important as understanding its capabilities.
CA ANZ concludes first CEO-led audit practice review
The review examined KPMG Australia’s safeguards for confidential client data and its ethical culture.
PCAOB updates agendas to reflect board priorities and stakeholder input
The update also sets out upcoming work tied to standards, including the development of a conceptual framework for standard setting.
Generational office divide challenges finance talent development, ACCA finds
The ACCA study surveyed more than 900 professionals across the worldwide banking and financial services industry.
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CPA Australia appoints Warren McRae as president and chair
McRae will take over from Dale Pinto, who has completed a three-year term as president and chair.
ACCA supports changes to UK local authority financial reporting
The draft framework recommends that councils present an Accountability Report along with their primary financial statements.
CIMA halts Level 7 apprenticeships over policy shift in UK
The new move will be effective after the government’s new standard is implemented on 18 December 2026.
FRC annual review finds continued improvement in corporate reporting
The FRC said the share of regulatory reviews that prompted substantive letters of enquiry fell for the second year in succession.
Penalties average 65% of tax liabilities on latest HMRC defaulters list – RSM UK
The penalties totalled $47.6m (£36m) against tax liabilities of £56m.