All articles by Umesh Ellichipuram
Umesh Ellichipuram
CA Sri Lanka, CSE push for stricter audit standards
At a roundtable meeting, CA Sri Lanka president Tishan Subasinghe described the revised standard as a “timely development”.
Risk‑focused reporting may curb innovation and investment, ACCA warns
New research by the ACCA analysed how senior executives balanced stakeholder needs and commercial risks when reporting new opportunities.
CIMA elects Alfred Ramosedi as new president
CIMA members also elected Matthew Hansard as deputy president.
FRC overhauls UK audit standards to support concise reporting
The revised standards will be effective from 15 December 2026.
Tech-led change and AI tops long-term concerns for CPAs – AICPA survey
A total of 629 practitioners, covering a broad spectrum of company profiles and sizes, participated in the survey.
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IFRS Foundation picks HKICPA as ISSB training partner
The appointment places the HKICPA among 25 organisations globally in the ISSB Training Partner Programme.
NAO again declines to sign off WGA over council audit gaps
According to the watchdog, 280 submissions from English local authorities in 2024–25 were either unaudited or disclaimed.
China plans tougher sanctions on fraudulent auditors – report
The new ruling is expected to increase the maximum fine for issuing false audit reports to as much as ten-times the unlawful gains.
CPA Australia issues warning on AI and ‘finfluencer’ tax tips amid major reforms
CPA Australia tax lead Jenny Wong said online tax tips often do not reflect how Australian tax rules operate in practice.
AAT welcomes Treasury’s response on UK AML supervision reform
HM Treasury will keep a limited oversight role, with powers to intervene when necessary.