We understand that not everything can fit into a regular service category, particularly with an ever changing economic environment. You need a flexible and innovative business advisor who understands a diversity of industries and can use this best practice knowledge to assist you.
Our advisory service offering includes:
- Due Diligence
- Business Aspect Reviews
- Forensic Accounting
- Special Financial Reporting Requirements
For more information about how our business advisory services please click here to contact Ewan.
"Our requirement was for the audit of the previous accounting period and the current period up to the date of the transaction......I felt that the budget was competitive and the assignment was completed in time and on budget. In addition, the team was very "user friendly."
Director - UK Real Estate Developer / Manager
Our team has acted in a number of due diligence transactions, whether initiated by the vendor or the buyer to support acquisitions (including a management buyout ("MBO"), mergers, restructurings or liquidations.
We utilise our team's experience as well as work with our ease of calling upon experts from within the Baker Tilly International Network to assist clients. In particular we work closely with our colleagues in the UK.
The scope of a financial due diligence is always "deal specific" but typically includes:
- In-depth analysis of historic performance including revenue, working capital, cash flows, assets and liabilities
- Review of management capital including “normalised” working capital requirements
- Review of financial systems and controls and
- Review of the tax position
Business Aspect Reviews
For businesses seeking a professional review of their business processes and overall control environment, then the Business Aspect Review can assist in this respect.
Following our work with clients in various industries including multinational clients, we have developed knowledge and experience of various businesses and as such you can expect to benefit from the best practice insights we would provide including giving you practical recommendation as to how to improve your processes and systems, manage your risks better and information to improve your efficiency and performance.
Forensic Accounting and Special Financial Reporting Requirements
There are instances where the accounting policies and standards become less black and white and highly complex. Our highly skilled and qualified experts in UK GAAP, US GAAP and IFRS along with the close collaboration with the Baker Tilly International network, allow us to advise on a wide array of specialist requirements.
Such examples include:
- Agreed upon procedures
- Change in accounting policies
- First time adoption to IFRS
- Acquisitions and disposals
- Adhering to local company law requirements
- Forensic accounting and investigations
Our approach is not only to clarify the facts, but we also help you make the best possible decision that best fits the business based on the potential options available.
We have developed specific expertise in assisting multinational Groups who often have dormant special purpose entities within their overall Group structures. For these we efficiently undertake a "summary winding up" in accordance with Guernsey and Jersey laws.
To find out more about this service, please see business recovery services.