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Moore Kingston Smith names new audit partner
Yahoo Finance· 2025-10-08 10:51
Audit and tax firm Moore Kingston Smith has appointed James Bird as an audit partner within its non-profit division. Bird has background in the charity and education sectors and engaged with various organisations, from large charities to educational institutions and membership bodies, both in the UK and internationally. Bird's approach to audit services is characterised by his use of technology and innovation, which he applies to customise his methods to the specific requirements of each client. He will ...
Resolutions of the shareholders' meeting of Invalda INVL held on 07/10/2025
Globenewswire· 2025-10-07 06:08
Group 1 - The General Shareholders Meeting of Invalda INVL held on October 7, 2025, made resolutions regarding the selection of an audit company for annual financial statements [1] - KPMG Baltics, UAB has been appointed to audit the separate and consolidated annual financial statements for the years 2025 and 2026 [1][2] - The audit fee for the 2025 financial statements is set at EUR 60,000 plus VAT, with annual recalculations for subsequent years based on inflation or average salary changes [3] - The Management Board has the authority to increase the audit fee by up to 15% if the scope of work changes significantly [4] - The CEO, Darius Šulnis, is tasked with coordinating the terms of the audit services agreement and signing it with the Audit Company [4]
PICPA report discusses the impact of technology on audit
Yahoo Finance· 2025-09-24 10:19
Core Insights - The report by the Pennsylvania Institute of Certified Public Accountants (PICPA) emphasizes the transformative impact of technology on audit services, highlighting the need for firms to enhance transparency and trust through technological advancements [1][5]. Group 1: Survey Findings - A survey involving 115 auditors indicates that 90% believe technology has improved audit quality in the last five years, with 56% expecting significant future impacts [2][3]. - The report reveals a growing importance of verifying non-financial metrics, with 54% of auditors recognizing the significance of AI and ESG verification [3]. Group 2: Cybersecurity and Workforce Challenges - The report addresses increased cybersecurity risks associated with cloud and AI integration, recommending "regulatory sandboxes" for safe technology adoption, especially for small and midsize firms [4]. - Workforce challenges are highlighted, with retention being a greater concern than recruitment, suggesting the need for flexible work environments and upskilling opportunities to attract tech-savvy auditors [4]. Group 3: Recommendations for Firms - Firms are encouraged to invest in scalable technology, enhance skills through targeted training, and engage in regulatory discussions to adapt to the evolving audit landscape [5]. - The report advocates for a shift from periodic audits to ongoing, real-time assurance, emphasizing the necessity of aligning auditors, clients, and regulators on future audit processes [5][6].
Cooper Parry expands team with new senior appointments
Yahoo Finance· 2025-09-17 09:21
Core Viewpoint - Cooper Parry is enhancing its team with senior appointments to strengthen its services in the UK and Ireland, positioning itself as a competitive alternative to the Big Four accounting firms [1][4]. Group 1: New Appointments - Nick Hatton has been appointed as partner and head of transaction tax, bringing over 25 years of experience from PricewaterhouseCoopers (PwC) and EY, focusing on the growth of transaction tax services in the private equity mid-market sector [2][4]. - Arif Ahmad has been appointed as regional market leader for Yorkshire & North East and audit relationship partner, with 28 years at PwC, including leadership roles in the Leeds office and private equity [2][3]. - Laura Bevan joins as assurance director, with 12 years at PwC leading the sustainability practice for PwC Wales, specializing in environmental, social, and governance assurance [3]. Group 2: Company Strategy and Vision - Cooper Parry's CEO, Ade Cheatham, emphasizes the firm's commitment to innovation, collaboration, and client impact, indicating that the new leaders are part of a strategy to build a next-generation professional services firm [4]. - The recent acquisition of Fellwood Advisory, a debt advisory firm specializing in the mid-market sector, aligns with Cooper Parry's growth strategy [4].
Convocation of the shareholders' meeting of AB Invalda INVL and draft resolution
Globenewswire· 2025-09-15 13:09
Core Points - The extraordinary general meeting of shareholders of Invalda INVL is scheduled for 7 October 2025 at 9:00 a.m. in Vilnius, Lithuania [1] - The total number of shares is 12,299,375, with a quorum of 12,058,469 votes required for the meeting [2] - The accounting day for the meeting is set for 30 September 2025, and only shareholders on this date can attend and vote [3] Agenda - The agenda includes the selection of an audit company for the annual financial statements and determining the payment terms for audit services [3] - The proposed audit company is KPMG Baltics, UAB, for the audit of the separate and consolidated annual financial statements for 2025-2026 [4] - The audit fee for 2025 is set at EUR 60,000 plus VAT, with annual recalculations based on inflation or average salary changes for subsequent years [6] Shareholder Rights - Shareholders holding at least 1/20 of the votes can propose to supplement the agenda or submit draft resolutions [9][10] - Shareholders can submit questions related to the agenda up to 3 business days before the meeting [11] - Shareholders must provide identity documents to vote, and they can authorize representatives to vote on their behalf [13][14] Voting Procedures - Voting can be done in writing using a ballot paper, which can be sent by mail or submitted electronically with a qualified electronic signature [15][17] - The completed ballot paper must be submitted by 8:30 a.m. on 7 October 2025 [17] - The company does not allow attendance and voting through electronic means of communication [15]