All articles by Umesh Ellichipuram

Umesh Ellichipuram

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.

AAT welcomes stricter UK regime on late payments to small businesses

Research suggests that payment delays are a factor in the closure of 38 companies every day.

FRC unveils updated audit oversight model to reinforce UK market

The new regime is scheduled to start applying to the largest companies from April 2026.

HMRC to introduce MFA for agent online services

MFA is scheduled to go live by the end of June 2026, subject to successful testing.

ACCA backs UK Government’s plan to overhaul late payment rules

The organisation believes the reforms could materially improve cash flow conditions for smaller companies.

FRC outlines measures to make SME audits more proportionate

A central plank is new guidance aimed at helping auditors apply existing standards in a way that scales to the business being audited.

Hainan endorses CGMA in new finance talent drive, AICPA says

The CGMA designation has been officially recognised as meeting the requirements of Hainan’s new high-level finance talent programme.

ACCA urges FCA to prepare companies for tougher sustainability reporting

The ACCA submitted its views to the FCA’s consultation on updating disclosure requirements for listed issuers.