All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

IFRS on-boards new members to ITCG 

The group serves as an expert advisory body, providing guidance to the IASB and the ISSB on their digital taxonomies and related initiatives.  

ACCA report forecasts AI-driven evolution in accounting

The report suggests that it will transform the accountancy profession by altering the execution of tasks at all levels. 

AICPA requests clarification on Roth catch-up contributions 

The accounting body urged Treasury, IRS to clarify Form W-2 safe harbor and disregarded entities in proposed regulations. 

UK business confidence plummets to three-year low – ICAEW 

The survey found that high taxes, weakening economy, and rising global volatility have contributed to the decline. 

ACCA proposes decennial review of charity financial thresholds 

ACCA has advocated for the establishment of common thresholds across multiple regulatory matters to reduce complexity. 

Filipino SMEs lag regional counterparts in digital adoption 

The latest Asia-Pacific Small Business Survey revealed that challenges such as limited internet access in rural areas hinder digitalisation.  

ICAI defers peer review mandate deadlines 

The new deadlines, which were initially set for 1 April 2024 and 1 April 2025, have now been extended to 1 July 2025 for Phase III and 1 January 2026 for Phase IV.