All articles by Umesh Ellichipuram
Umesh Ellichipuram
IRS allows certain taxpayers to extend ERC disallowance deadlines
The agency highlighted a streamlined path to request an extension using Form 907, if the taxpayer meets certain conditions.
ICAEW sets up Iran conflict support hub for finance professionals
The hub brings together current insight with practical tools on supply chain disruption and business continuity.
AICPA and CIMA launch AI skills programme for accounting professionals
The initiative aims to help finance teams and leaders build the mindset, skills and governance needed for responsible AI transformation.
IPSASB seeks input on updating public sector financial statements
The project aims to create a new IPSAS to replace IPSAS 1, which has been in place since 2000.
ICAS appoints David Cruickshank as president
Cruickshank takes over the new role after serving as vice-president in 2024/25 and deputy president in 2025/26.
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EFRAG sets out 2026 sustainability work programme to EC
EFRAG intends to publish an exposure draft for non-ESRS requirements in July 2026.
AFRC hits PwC with $38.3m fine and curbs over Evergrande audits
The regulator also imposed a six-month ban on PwC from taking new PIE audit work.
SAICA extends recognition agreement with US accounting bodies to 2031
The renewed agreement between SAICA and the IQAB extends mutual recognition to 30 June 2031.
IPSASB seeks comments on ED 95 and ED 96 IPSAS amendments
The drafts advance the IPSASB’s efforts to keep public sector accounting standards globally relevant.
ISSB to propose IFRS Practice Statement on nature-related disclosures
The planned Practice Statement would complement IFRS S1 and IFRS S2.