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Top The Accountant News

Income Tax Threshold Freeze for Millions Left on Table by Treasury Minister

Rachel Reeves · United Kingdom

Income Tax Threshold Freeze for Millions Left on Table by Treasury Minister

Coverage: 5 sources

The Government has promised not to raise the ‘headline rate’ of income tax but has left open the possibility of freezing the thresholds for paying the levy See the Story

Accountants play a critical role in building trust in AI

Artificial Intelligence · Canada

Accountants play a critical role in building trust in AI

50% Left coverage: 4 sources

CPA Canada and AICPA release joint paper on the role of accountants in AI assurance...See the Story

ACCA releases pass rates for June 2025 exams

London, England · London

ACCA releases pass rates for June 2025 exams

The Association of Chartered Certified Accountants (ACCA) has released the pass rates for the June 2025 exam sitting. A total of 111,639 students entered the exams, completing 128,651 exams. Notably, 4,527 students completed their final exams to become ACCA affiliates. In the Applied Knowledge segment, Business & Technology achieved the highest pass rate at 88%, followed by Financial Accounting at 68% and Management Accounting at 64%. At …Read Article

IFRS on-boards new members to ITCG

The IFRS Foundation has revealed six new appointments and two reappointments to the IFRS Taxonomy Consultative Group (ITCG), effective from 1 August 2025. The ITCG serves as an expert advisory body, providing guidance to the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) on their digital taxonomies and related initiatives. The new appointments include Albert Chou (Individual appoin…South Africa · South Africa Read Article

ACCA report forecasts AI-driven evolution in accounting

The Association of Chartered Certified Accountants (ACCA) has published a report examining the implications of AI on the accountancy sector. The AI Monitor report indicates that as AI becomes increasingly prevalent, finance teams will need to adapt to new roles and responsibilities in refining controls and defining the outputs from AI applications. The report suggests that it will transform the accountancy profession by altering the execution…Artificial Intelligence · London Read Article

AICPA requests clarification on Roth catch-up contributions

The American Institute of CPAs (AICPA) is seeking further guidance on the implementation of Roth catch-up contributions as outlined in the SECURE 2.0 Act, 2022. This was outlined in a letter submitted to Department of the Treasury and Internal Revenue Service (IRS). The SECURE 2.0 Act introduced a mandate requiring certain employees to make catch-up contributions to employer-sponsored retirement plans as Roth contributions if their wages excee…United States · United States Read Article

Kazakhstan national qualification receives ACCA recognition

Kazakhstan’s national qualification programme, Auditor RK, has been granted a five-year accreditation by the Association of Chartered Certified Accountants (ACCA). The recognition highlights the programme’s alignment with ACCA’s global standards in professional education. It was achieved through collaboration with the Chamber of Auditors of the Republic of Kazakhstan and the Professional Council on Auditing Activity. The five-year accredita…Kazakhstan · Kazakhstan Read Article

UK business confidence plummets to three-year low – ICAEW

The Institute of Chartered Accountants in England and Wales (ICAEW) Business Confidence Monitor (BCM) for Q2 2025 has revealed a decline in UK business confidence, with the index dropping to -4.2, its weakest reading since Q4 2022. The survey of business leaders found that high tax worries,…England · England See the Story

IESBA, IAASB Establish Groups for Global Sustainability Standards

The International Ethics Standards Board for Accountants (IESBA) and the International Auditing and Assurance Standards Board (IAASB) have formed two expert implementation groups to support the application of their global sustainability standards. These groups are expected to play a crucial role in ensuring the effective implementation of the IESBA’s sustainability-related ethics and independence standards, including the International Ethics S…Germany · Germany See the Story

ISCA and SHICPA enter MOU for accountancy development

The Institute of Singapore Chartered Accountants (ISCA) and the Shanghai Institute of Certified Public Accountants (SHICPA) have entered a Memorandum of Understanding (MOU) to enhance the international development of the accountancy profession. This agreement aims to support closer ties between the accounting communities of Singapore and China, promoting professional competencies and adherence to international business practices. Through this pa…Singapore · Singapore Read Article

Where There Is a Will, There Is a Way: Man Becomes CA at 71; He Used to Teach His Granddaughter

100% Center coverage: 1 sources

A 71-year-old man from Jaipur, Tara Chand Agarwal, defies age stereotypes by qualifying as a Chartered Accountant. His journey began while helping his granddaughter study, leading to his successful completion of CA Final exams, inspiring many with his determination to learn at any age.Education · India See the Story

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