2022 Compliance Supplement: Fundamental Changes and Updates Impacting Single Audits

The COVID-19 pandemic has led to a tremendous increase in federal financial assistance managed by various new federal programs. In response to the pandemic’s impact, more funding has been allocated to existing programs to aid local governments, companies, schools, and organizations. Many organizations receiving these funds are subject to the Single Audit standards for the […]

Strategic Alliance Success Factors and Benefits in the Construction Industry

The construction industry, like  all sectors of commerce over time, is looking for ways to enhance performance and increase efficiency; especially in this changing world where innovation and modernization occur faster than ever. Building construction is a highly competitive and risky business. This competitiveness is compounded where conflicting objectives amongst contracting and subcontracting firms  set […]

Motives and Advantages of Mergers and Acquisitions Versus Strategic Alliances: Selecting the Best Route for Your Business

In today’s business world, inorganic growth has been considered one of the most powerful approaches to enhancing an organization’s effectiveness and sustainability. Over the past years, we have witnessed a sharp upheaval in the number of organizations choosing inorganic growth strategies such as mergers and acquisitions (M&A) and strategic partnerships.  Strategic alliances and M&A have […]

Powering your Inorganic Growth Strategy: Strategic Alliance as an Alternative to the M&A Route

Growth through mergers and acquisitions (M&A) is a popular route for many companies looking to increase revenue, acquire new talent, diversify operations, or market development. Many of these companies look to M&As to achieve these goals however, M&A is not the sole path to those results. Over time organizations looking to diversify and or expand […]

Government Intervention: Managing the Economic Risks of Mergers and Acquisitions

In today’s competitive and unpredictable world, companies often seek growth opportunities in order to remain competitive and adapt to new trends. One of the most critical and popular growth strategies for organizations today is acquiring or merging with another company, either within its borders or internationally. A successful Mergers and Acquisitions (M&A) transaction may help […]

Industry Updates: Recent changes in SAS 134-141 New Auditor Reporting Standard (Part 1)

COVID-19’s effects have rippled through every aspect of our lives. Auditing standards are no exception. There have been several significant changes or developments in auditing standards. If you utilize audited financial statements, you should be advised that the auditor’s reports for the 2021 calendar year-end audits will have a new look. One of the recent […]

Mergers and Acquisitions: The Transaction’s Key Stages

M&A activity has continued to outpace the feverish pace of deals for 2021. According to the article from Wolters Kluwer, “the U.S. mergers and acquisitions market in 2021 was unprecedented, with a record $2.9 trillion in transactions (up 55% from $1.9 trillion in 2020) accounting for almost 60% of all global deals based on announced […]