All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

US SEC names George Botic as PCAOB acting chair 

The decision follows the recent resignation of the former chair, Erica Williams. 

AICPA: 32% of Americans unprepared financially for natural disasters  

 The most common preparatory actions include reviewing insurance coverage (31%) and cataloguing assets for insurance claims (30%).   

FASB and ASBJ bilateral meeting on global accounting standards 

During the meeting, both boards exchanged updates on their respective activities and engaged in discussions on shared agenda items.  

ICAEW endorses FRC call to reform UK SME audit practices 

Findings from an FRC study into the SME audit market have revealed stakeholder concerns regarding the current auditing standards. 

FRC highlights challenges in UK SME audit market 

The audit market for SMEs is around 2,000 firms conducting more than 70,000 audits annually and generating fees of approximately £1.5bn. 

ICAEW releases June 2025 ACA exam results  

The pass rates across the board were notably strong, with the Business Strategy and Technology exam leading with an 86.1% success rate.  

CPA Australia warns of financial adviser shortage  

The accounting body urged the federal government reassess the regulatory landscape and costs that are prompting financial advisers to exit the industry.   

ICAEW to launch new GenAI eLearning programme 

The GenAI Accelerator Programme is designed to provide members with an understanding of using GenAI in professional settings. 

PCAOB chair Erica Williams to step down  

During her time at the PCAOB, Williams executed a strategic plan focused on the auditing standards and the inspection processes. 

FRC annual review shows improvement in audit quality in Tier 1 firms

The FRC also raised concerns about the potential increase in the disparity between the audit quality of Tier 1 firms and other businesses within the PIE market.