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Accountants must be smart to survive

BKL’s David Landau is quoted by the ICAEW’s Economia magazine, in an article on how accountants will have to adapt to new client needs if they want to remain on the market in the aftermath of the SME audit threshold reform.

 

David Landau, Berg Kaprow Lewis’ audit lead, agreed that smaller teams of specialists were the way forward and would ensure clients are given “better quality work”, at increased value.

Landau said, “We’ve restructured ourselves internally and separated out our assurance teams from our support teams.

“We are looking to keep the audit skill-set in a smaller number of better trained people, so we can give better advice and more focused work.

“We think clients will get access to better quality work and at more reasonable prices than from a generalist, or the bigger firms who are sitting on more expensive overheads.”

 

The full article is available on Economia’s website.