Ensuring you have effective and accurate financial systems and controls in place to meet your business and compliance requirements is critical to your success.
Robust financial reporting gives confidence to your shareholders, investors, customers and other stakeholders, and enables your business to make confident and informed decisions.
Your business will encounter new financial challenges at each stage of its growth, especially if you’re involved in major transactions or restructuring. It’s also important to keep up to date on any accounting or reporting issues that could pose a risk to your business.
As a leading UK accountancy firm, we act as second provider for many listed companies and corporates, delivering a wide range of advice and services.
Nexia Smith & Williamson is an independent company, providing audit and related services alongside our specialist financial advisory services.
It was widely known that the technology industry would be significantly affected by the revenue recognition standards, IFRS 15 and ASC 606: Revenue from contracts with customers (2018). Whilst the standards provide significantly more guidance over the treatment of revenue, the application of these accounting standards is still proving to be a real challenge.
2020 has been a bizarre and unreal experience. However, despite this turbulence, the technology industry has shown incredible resilience while driving innovation. Other industries have suffered from the impacts of the coronavirus (COVID-19) pandemic but businesses in the technology sector were not as heavily impacted.
In the last few months there have been several high-profile instances of reporting accountants qualifying their opinions on internal controls at service organisations. These have resulted from systemic failures of controls including the effects of fraud.
In 2018, we wrote about some general areas that all scheme trustees should consider when looking at their scheme’s cyber security. So, two years on, what has changed?
With the approach of one of the deadlines set out in the Occupational Pension Schemes (Investment and Disclosure) (Amendment) Regulations 2019 (“the Regulations”), we thought a reminder of the approaching disclosure requirements would be useful. We will not be looking at the specific requirements around the content of the Statement of Investment Principles (“SIP”).
Ever-changing legislation and a global crackdown on tax avoidance means your business now operates in an increasingly challenging tax environment.
Raising capital, managing portfolios and strong transactional support from our transactions team.
Supporting technology company success through technical expertise, industry insight and valuable strategic advice.
Our deep understanding of the financial landscape, specialist knowledge in a range of industry sectors and years of experience can help you stay on top of your reporting obligations and make informed decisions on your financial transactions.
You’ll receive high standards of client service, with minimum disruption to your organisation, regardless of whether you’re an entrepreneurial scale-up business, established listed company, professional practice or non-profit body.
Our service is personal and tailored. You’ll have direct access to senior partners and we aim to act as an extension of your in-house team, providing back-up when your resources are stretched.
We can provide a wide range of advice and support to business owners over the long term, both personally and as your advisory needs change through the business lifecycle - all through a single point of contact if required.
A top ten UK accountancy firm, as ranked by Accountancy Age. (Source: Accountancy Age, 2020)
Longstanding relationships to support clients’ business and personal interests throughout the business lifecycle.
Member of Nexia International, a top ten global network of independent accounting and consulting firms with over 500 offices in more than 120 countries.
Regular contributors of expert commentary on issues in the national and trade press.
