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Tuesday Morning Accounting News Brief: A New Kind of Audit Quality Report; Merger Mania; Skilled Talent, Not Newbies | 5.28.24

Going Concern

The local news in Cincinnati covered this strategic move : One of Greater Cincinnati’s largest accounting firms is being acquired by an Indianapolis company. Blue Ash-based tax, advisory and audit firm Cassady Schiller CPAs & Advisors will become part of Katz, Sapper & Miller in a transaction that will be completed May 31.

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How to enhance the audit experience

Menzies

Menzies LLP - A leading chartered accountancy firm. Importance of an Audit A lot of business owners think audits are much of a muchness, however their quality can vary significantly. The annual audit is occasionally considered as a commodity purchase.

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In the big cash squeeze, will the bold be favoured?

Menzies

Menzies LLP - A leading chartered accountancy firm. In sectors such as construction, food manufacturing and hospitality, reduced access to non-UK workers is a major problem.” Many businesses are making preparations for a big cash squeeze in 2023 due to several factors.

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The challenge of IFRS compliance

Menzies

Menzies LLP - A leading chartered accountancy firm. Businesses increasingly shop around for their audit services, but a lack of preparation could be preventing them from getting value for money. This can lead to increasing compliance costs and a costly, lengthy and inefficient audit. What is IFRS 15?

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