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Potter Smith Chartered Accountants

Potter Smith, Chartered Accountants

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Title: Potter Smith, Chartered Accountants

Essay Details:

Subject: Business

Author: Lester R

Date: July 9, 2014

Level: University

Grade: A

Length: 4 / 1115

Essay text:

The audits provided by PS will not serve its purpose if banks and other creditors cannot rely on its quality of work. Thus Potter-Smith needs to administer and enforce a better quality control system, so as to gain the assurance of its clients as well as maintain the accounting regulations. Sub Issue • Potter Smith mergers are concentrated more on geographical expansion than on the basis of best practices. • Conforming to deadlines are given priority than to corrected audits and quality control • Lack of training programs for the employees in PS • Inadequate periodical performance reviews at PS to measure an employee or team’s skill which is why employee with known limitations continues in the inappropriate designation • Branches are cutting down workforce as solution to increase profitability...

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