All articles by Umesh Ellichipuram

Umesh Ellichipuram

ACCA Ghana admits 130 new members, stresses tech readiness and ethics

The new professionals were inducted during the Accountancy Redefined: Shaping Future Skills event.

India to include crypto assets in financial account reporting from 2026

The updated framework will cover crypto assets, central bank digital currencies and specified electronic money products.

AICPA urges IRS to widen first time abatement penalty relief

The AICPA proposed allowing taxpayers to reverse automatic FTA relief by showing reasonable cause.

ACCA urges UK Government to simplify tax system to boost entrepreneurship

The accountancy body wants the government to better inform small business owners about available relief.

Executive optimism on US economy rises in Q1 AICPA-CIMA survey

Around 39% of respondents said they are optimistic about the US economy over the next 12 months.

AFRC penalises auditors over anti-money laundering failures

The penalties follow AFRC inspections between 2023 and 2025 on compliance with the AML Guidelines.

NASBA urges restoration of ‘professional’ status for accounting degrees

NASBA pointed to several risks it believes would arise if accounting is not treated as a professional field.

Female entrepreneurism on the rise, ACCA survey shows

The findings come from ACCA’s worldwide survey of more than 11,000 finance professionals in 175 markets.

UK’s OPBAS highlights areas for improvement in AML supervision

OPBAS said supervisors of professional services companies have been operating more effectively since its inception in 2018.

AICPA urges IRS to waive penalties for farmers after Form 8995 revamp

The institute called on the IRS and the US Treasury to use their authority under section 6654(e)(3)(A) to grant penalty relief.