All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

FRC announces updates to auditing standards  

The updated standards are a result of amendments to ISQM (UK) 1, ISQM (UK) 2, ISA (UK) 220, and ISA (UK) 600. 

CPA Australia CEO discusses role of AI in auditing 

With AI being utilised for financial tasks, auditors are adapting their roles to provide assurance over these new technologies. 

CPA Australia endorses plan to simplify business tax system  

The institute has highlighted three key compliance issues that warrant attention for the government’s productivity reforms.  

US IRS to end paper tax refunds  

Before the commencement of the 2026 filing season, the IRS will issue guidelines pertaining to tax returns for the year 2025.  

PICPA report discusses the impact of technology on audit

The study highlights the steps firms must take to address the demands for transparency and trust. 

ICAEW introduces latest ACA qualification 

The qualification is designed to incorporate emerging topics requirements, with students expected to complete 30 modules. 

CPA Australia and CFA Institute sign MoU

The MoU establishes a framework for cooperation between the two entities. 

ACCA supports UK voluntary sustainability assurance registration 

The proposal considers assigning ARGA to establish a voluntary registration framework for sustainability assurance providers. 

AICPA proposes enhancements to US tax forms  

The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form 1041-A.  

ICAEW calls for review of proposed pension inheritance tax legislation  

The legislation intends to tax the value of unused pension funds within the estate of the deceased.