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Chartered Accountants Australia and New Zealand (CA ANZ) has expressed its support for the Australian Government’s proposed consumer protection reforms.

CA ANZ referred to the proposals as a “significant response” to shortcomings across the superannuation, financial advice and investment industries.

The push for reform comes in the wake of the Shield and F...


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Hong Kong’s Accounting and Financial Reporting Council (AFRC) has released its annual oversight report examining the Hong Kong Institute of Certified Public Accountants’ (HKICPA) performance on specified functions.

The assessment was made for a period of one year, from 1 April 2025 to 31 March 2026.

The regulator noted that the HKICPA had responded to poin...


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The US Internal Revenue Service (IRS) has introduced a digitally authenticated Tax Compliance Report.

The report, available through its Individual Online Account, shows the user filed tax returns and taxes paid on time. It offers more information than a traditional tax transcript, with a detailed view of filing and payment history.

According to the IRS, it...


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The Chartered Institute of Management Accountants (CIMA) has called on the UK Government to place greater emphasis on alternative learning routes that give school leavers access to skills, opportunities and professional careers.

The institute made the call while congratulating students collecting their GCSE results on 20 August.

The institute is pressing t...


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The Financial Accounting Foundation (FAF) has named Hillary H. Salo as the incoming chair of the Financial Accounting Standards Board (FASB).

Her tenure as chair will run from 1 July 2027 to 30 June 2034.

Salo currently holds the position of vice-chair at the FASB and also chairs the Emerging Issues Task Force.

She will take over from current FAS...


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