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Engagement Quality Reviews under SQMS No. 2

Trout CPA

Written by Nicole Cradic, CPA, Partner This article first appeared in the Pennsylvania CPA Journal - Fall 2023 and is reprinted with permission. Copyright © 2023 by the Pennsylvania Institute of CPAs. All rights reserved. The Auditing Standards Board (ASB) issued four quality management standards in June 2022.

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SQMS Implementations Are a Heavy Lift: Procrastination Is Not Recommended

Trout CPA

Written by Nicole Cradic, CPA This article first appeared in the Pennsylvania CPA Journal - Spring 2023 and is reprinted with permission. Copyright © 2023 by the Pennsylvania Institute of CPAs. All rights reserved.

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Argentina’s Cliffhanger Negotiations on a New Loan Deal with the IMF   

Reynolds Holding

In late March, Argentina and the IMF agreed on a new arrangement that would enable Argentina to avoid falling into arrears on the IMF’s 2018 loan. However, the agreement was reached only after protracted and tortuous negotiations that dragged on for at least 18 months and concluded only at the last minute before a de facto March deadline.

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Sovereign Debt Restructuring for Emerging Economies in Turbulent Times

Reynolds Holding

In a new article, I discuss the impact of the currently turbulent global economic environment on the prospect for sovereign debt defaults and restructurings in emerging economies. Egypt), countries weighted down by debt incurred in connection with China’s Belt and Road Initiative (BRI) (e.g., Argentina and Venezuela). Argentina and Venezuela).

Banking 59
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The “China Conundrum” and Other Challenges in the Brave New World of Sovereign Debt Restructuring

Reynolds Holding

In the past few years, the economies of developing countries and emerging markets have been upended by the once-in-a-century COVID-19 pandemic and the fallout from the war in Ukraine. dollar, and shortages of key imports such as fuel, foodstuffs (especially grains), and even medicines.

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Skadden Discusses Antitrust Enforcers’ Supply Chain Initiative

Reynolds Holding

On February 17th, the Department of Justice (DOJ) announced an initiative to protect supply chains from anticompetitive behavior amid global disruptions and persistent inflation. The initiative is yet another example of the Biden Administration’s aggressive approach to antitrust enforcement since inauguration. Press Release, U.S. Dep’t of Just.,

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Skadden Discusses Aggressive Antitrust Enforcement and Novel Theories

Reynolds Holding

Carol Sipperly, Acting Deputy Assistant Attorney General at the Department of Justice’s (DOJ) Antitrust Division, said that the DOJ wants to create merger guidelines that can be picked up, read, and understood by anyone, while the Chair’s Showcase began by asking the panelists whether antitrust can repair the world.

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