All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

US Treasury, IRS ease 2025 reporting penalties for tips, overtime 

The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill. 

IFRS Foundation introduces ePub for accounting standards 

The forthcoming ePub editions are designed to offer enhanced features for users, allowing them to make annotations.  

ICAEW details GenAI role in streamlining financial close procedures 

ICAEW’s GenAI education programme addresses financial operations with a specific focus on period-end close activities.  

CPA Australia urges Queensland to focus on financial sustainability

CPA Australia noted that depreciation should not be used as the sole indicator when evaluating the financial stability of councils. 

CPA Australia comments on oversight body merger plan 

The proposed legislation outlines the governance, structure and operational framework for the unified organisation. 

ACCA unveils framework for responsible investment

Published ahead of COP 30, the guidance outlines a method for businesses to factor sustainability considerations into investment planning.  

ICAI calls for tax reform and green incentives

The proposals include extending tax neutrality to LLP restructurings, revising TDS on partners’ remuneration, and incentives for green projects. 

ICAEW reports 80% compliance in 2024/25 AML supervision review 

In the recent reporting period, ICAEW conducted 1,185 monitoring reviews, up from 1,112 reviews completed in 2023/24.  

Tax structure and savings top concerns for small business owners: Lili  

Lili’s data reveals that most queries relate to tax matters, with business owners seeking guidance on selecting the appropriate tax structure. 

ICAEW announces three senior leadership appointments 

All three appointees will report directly to chief executive Alan Vallance and are part of a broader C-suite restructure involving nine core areas.