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AICPA News – July 2024

CPA Practice

Vineet Kotak (Washington), a graduate of the Maharaja Sayajirao University of Baroda, India, with a Bachelor of Commerce, who is also a chartered accountant from the Institute of Chartered Accountants of India, is employed with PricewaterhouseCoopers LLP in Philadelphia, PA.

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Howlers, blunders, or manifest errors?

Menzies

Menzies LLP - A leading chartered accountancy firm. A recent judgment from the High Court in WH Holding Limited vs E20 Stadium LLP [2025] EWHC 140 has considered what manifest error means and has also provided a useful digest of case law and principles for expert determinations generally. But what does this really mean?

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Expert Determinations: Howlers, blunders, or manifest errors?

Menzies

Menzies LLP - A leading chartered accountancy firm. Expert Determinations are a form of Alternative Dispute Resolution, typically used where there are technical issues best resolved by a subject matter expert such as an accountant or valuation expert. But what does this really mean?

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Comments Invited on New Draft SORP for Charity Accounting and Reporting

Menzies

Menzies LLP - A leading chartered accountancy firm. The updates aim to reflect recent changes to UK accounting standards, specifically those introduced by the Financial Reporting Council (FRC) in March 2024. The tiers will be defined as follows: Charities with income below 500,000 will have reduced reporting requirements.