36 TP

Business and Regulatory Advisory

Anticipate now, for tomorrow
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A trusted advisor

We understand that not everything can fit into a regular service category, particularly with an ever changing economic and regulatory environment. You need a flexible and innovative business advisor who can navigate and advise you using their best practice knowledge to assist you. 

Our advisory service offering includes:

"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."

UK Real Estate Developer / Manager

We offer a range of services, including but not limited to:

Regulatory Advice and Assurance

Our team have extensive experience working with clients providing specialist regulatory advice and assurance. 

We offer a range of services including:

Compliance Reporting

  • Review compliance function effectiveness and reporting to the Board, and general “health checks” to provide feedback on areas of concern.

Compliance Monitoring

  • Assist with providing qualified resources to execute monitoring programmes and provide a critical review of the Compliance Monitoring Programme and Reporting.

Regulatory Health Check

  • Assist clients with performing a regulatory health check and producing practical solutions and enhancements.

Corporate Governance

  • Perform Governance Reviews and assessment of Boards Effectiveness.

Compliance Support

  • Provision of regulatory project support and qualified resources to assist with regulatory compliance projects or the day to day work where there are resource constraints.

Internal Audit

  • Provision internal audit resources or be Internal Audit Co-Sourced provider, working with Management to to design and execute an audit plan for the purposes of evaluating the adequacy and effectiveness of policy, procedures and controls adopted by the business.

Client Asset Review

  • Independent assurance report on the effectiveness of client asset controls as required by the JFSC Codes of Practice.

Remediation Effectiveness Reviews

  • Pre-and-post regulatory review support.

Controls Testing

  • ISAE 3402 Type I and Type II reports
  • Specific control effectiveness reviews

Law Society Reporting

  • Accountant reports for Jersey Law Society Reporting.

Due Diligence

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

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. 


Key contact
Photo of Peter Whitsey
Peter Whitsey
Client Director
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