All articles by Umesh Ellichipuram

Umesh Ellichipuram

South Korea’s FSC reviews market conditions amid Middle East turmoil

To strengthen coordination, the FSC plans to set up a joint taskforce to monitor the Middle East conflict.

ACCA urges EC to ease cross‑border recognition of accountants

The ACCA says national rules for the accountancy profession in each member state are a major barrier to SPI goals.

CIMA says UK Spring Forecast falls short on business confidence

The CIMA doubts the forecast will lift business confidence or deliver meaningful productivity gains.

AFRC fines Mazars, Grant Thornton for breaching archiving rules

Both firms admitted misconduct and accepted the AFRC’s disciplinary decisions.

China sees higher platform tax compliance after new reporting framework

More than 8,000 domestic and overseas online platforms have complied with the requirement to submit tax-related information.

IFAC study flags growing private equity investment in accountancy companies

The study found that more than 1,000 practices globally received PE investment in the past decade.

George Mason to launch accounting and finance academy for US Navy

The academy is expected to train around 10,000 Navy financial management staff worldwide.

CPA Australia urges caution on CGT discount and negative gearing tweaks

CPA Australia recommends wide consultation to ensure tax reforms are balanced and support long-term economic and fiscal goals.

AICPA urges US DoE to classify accounting as professional degree

The AICPA said its position reflects the views of CPAs across the country.

Use of reasonable estimates can improve sustainability reporting, ACCA says

The ACCA’s new report examines how organisations are currently estimating sustainability information to reflect present-day conditions.