All articles by Umesh Ellichipuram
Umesh Ellichipuram
IAASB opens consultation to strengthen interim review standard
The IAASB said the revision reflects changes in global markets and audit practice over the past two decades.
FASB names five new members of PMAC advisory group
The new members of the PMAC are Brad Broberg, Pieter Combrink, Mary Hill, Niall O’Malley and Abhay Srivastava.
ACCA backs FRC’s revised audit standards on fraud and going concern
The ACCA said the revised standards clarify auditors’ fraud duties and tighten going concern requirements.
US SEC proposes semi-annual reporting for public companies
The proposal would allow companies to choose an interim reporting schedule that best suits their business and investors.
CPA Australia warns 30% trust tax would hit small businesses and families
The professional body said that the changes would impact middle earners and small businesses hardest.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
ISCA workshop showcases practical AI use cases for accountants
The workshop was part of the ISCA’s drive to prepare finance professionals for increasing automation, data-led work and AI-enabled processes.
Tanzanian internal auditors warn poor risk management hinders efficiency
IIA Tanzania warned that operational problems arise because institutions do not adequately manage risks.
Canadian regulators and audit leaders review audit quality as risks evolve
The meeting reviewed risks to audit quality and how audits support Canada’s “credible capital markets”.
Dubai’s FAA completes first internal audit quality review for CDA
The external review is a core FAA service that helps public bodies assess and improve their audit and oversight functions.
IRS invites applications for TCE and VITA grant funding
Applications for both grant programmes will be accepted on Grants.gov from 1 May 2026 to 31 May 2026.