17 out 2017
Entrevista: Sócio da PKF na "International Accounting Bulletin"
Interview PKF Brazil Partner talking about Audit new market requirements regarding disclosure of information that opens up a huge opportunity for the auditing and consulting market. In the vision of Lacerda, audit firms have only two options: continue to do more of the same, with the risk of being forgotten by the market; or position themselves as the best option, by actively participating in this ever-changing market, improving the quality of their services and their professionals’ work.
06 set 2017
Turnaround professionals work with underperforming companies across different industries that find themselves in financial difficulty. Today’s guest blogger, Jim Wanserski, takes a look at some of the consistent themes he’s seen surface in his work with turnaround clients.
06 set 2017
The accounting profession is very highly regulated and CPA firms that perform audits and issue audit opinions are subject to various professional standards, rules and regulations. Although there is a significant amount of judgment involved by the auditor in determining high risk areas, audit scopes and procedures based on identified risks, the concept of an audit and many of the procedures are based upon rules and requirements from regulators.
02 set 2017
Seen as something that can minimize surprises and maximize value, sell side due diligence is increasingly being used by owners and private equity groups contemplating a sale.
What is sell side due diligence?
The deliverable of sell side due diligence is a report that showcases the company and provides the buyer with the pertinent information to make an informed offer. Sell side due diligence can take many shapes – it certainly isn’t a one size fits all model. However, it typically includes the following:
Business – including history, resources, opportunities and competitive considerations
Operations – including analysis of products and services, IT, distribution strategy and operating efficiencies
Historical results and projections including quality of earnings review.
While sell side due diligence typically doesn’t replace buy side diligence, it can often reduce the amount of time required on the buy side.