All articles by Upasana Mukherjee
Upasana Mukherjee
PCAOB sanctions James Pai CPA for audit failures
The PCAOB’s order includes a censure and a joint and civil money penalty of $40,000.
AICPA issues recommendations on proposed SECURE 2.0 Act
The Act mandates that new 401(k) and 403(b) plans automatically enrol eligible employees starting with the 2025 plan year to boost retirement savings.
ATO identifies common CGT reporting errors
The recent engagements have uncovered a variety of mistakes, including incorrect cost base calculations, and more.
AICPA, CIMA award 177 professionals ACMA, FCMA certificates
The event also recognised 192 candidates who completed their CGMA exams.
Big Five audit firms express concerns over NFRA’s functioning
Auditors are now highlighting an issue with the Companies Act’s section 132 and NFRA Rules 2018.
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ICPAC submits 14 new suggestions for Cyprus tax system
The measures suggested include tax loss carry forward, qualifying refundable tax credits, and more.
Bangladesh’s DCCI advocates for IFRS adoption in SMEs
DCCI’s president Taskeen Ahmed stated that IFRS will enhance financial transparency and reduce the risks of financial misreporting.
UK research and policy institute CPIA commences operations
CPIA, which is financially supported by the ICAEW, will collaborate with various entities across business policy and regulatory frameworks.
PCAOB and Romania’s ASPAAS partner
The agreement, effective from 4 March 2025, aims to improve audit report accuracy and reliability.
AICPA Auditing Standards Board invites feedback
The plan outlines five initiatives to enhance standards, improve stakeholder communication, and operate strategically.