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Financial Services

At MHA MacIntyre Hudson, our highly experienced team have many years of specialisation in all areas of banking and financial services, both in the UK and globally through Baker Tilly International. We know what best practice looks like.

Accounting for Banks and Financial Services

Led by a Partner with more than 30 years’ experience in the field, our team of financial services accountants bring a dynamic mix of specialist knowledge and understanding of the changing regulatory environment.

Rakesh Shaunak, our group chairman leads Baker Tilly’s global financial sector group, as part of the 10th largest accountancy network in the world. We have access to financial services advisors from more than 146 countries, allowing us to deliver in-depth industry knowledge and expertise where you need it.

Banking

Our services for banking clients run the full array of audit, assurance and advisory services. We have many years’ experience to deal with the industry’s comprehensive regulatory and accounting-related requirements with our team having experience of working with a number of the world’s largest banks and upcoming challenger banks with assignments ranging from external audits, internal audits, tax compliance, tax consulting and regulatory advisory services.

In addition, we also offer a range of advisory services such as risk management, audit of IT systems and transaction advisory services.

Investment Management

Our team is dedicated to providing audit and other assurance services within the financial services sector to investment businesses and funds.

Years of experience in the industry has given us specialist knowledge of investment structures and strategies, as well as audit, accounting and regulatory requirements. Coupled with commitment to deadlines and client service, this experience is applied for the benefit of our clients.

Investment businesses

We provide services to both start-ups and established businesses, and pride ourselves on our understanding of the industry as well as our collaborative and value for money work ethic.

The regulatory environment is a challenge that we help our clients to meet, not only by meeting filing deadlines but also by keeping abreast of change, whether in the form of tax legislation or the FCA’s response to European directives, and sharing our insights.

There are many types of investment business and we have the skills to work with them all, whether hedge, venture capital or private equity fund manager, broker-dealer, bond issuer, investment advisor or arranger, UCITS manager or AIFM.

Investment funds

The audit of financial statements is key to regulation of investment funds, both onshore in the UK and Ireland, and offshore in the Cayman Islands and elsewhere. We work with our clients and their fund administrators across the globe to meet the regulators’ deadlines.

We have experience of all types of fund investment strategy and structure and the capability to re-price quoted investment portfolios. We work through the various time zones using our combined London and Cayman team.

Insurance

We help a wide variety of insurers with everything from audit, tax, advisory and financial investigations. The market is ever-changing, and our team help clients stay ahead advising on key regulatory changes, new markets entry and technology adoption.

Our team understand the complexities of the insurance market and its global requirements and regulatory reporting standards.

Additional Assurance Services

The FCA’s Client Asset Rules state investment businesses that hold client money or custody assets must appoint a CASS auditor to be compliant. We act as CASS auditors for many clients, some of which use different auditors for their financial statement.

Collaborating as partners

We believe in working in collaboration with our clients, who range from start-ups to more established businesses and includes organisations such as banks, investment businesses and funds.

We work proactively for our clients to help them stay ahead of any forthcoming issues and challenges, particularly in regards to any changes to tax legislation or financial markets regulation.

As technology continues to transform the sector, we also act as financial services accountants for a growing number of Fintech companies.

Our services:

MHA MacIntyre Hudson’s banking and finance team offer a comprehensive range of core and specialist services

  • Statutory audit
  • Internal Controls reviews (ISAE 3403)
  • Internal audit, risk management and governance advisory 
  • Agreed-upon procedure
  • Client assets audit
  • Bookkeeping, management accounts and annual financial statements
  • GABRIEL reporting
  • Payroll services
  • VAT
  • Tax compliance (corporate and personal)
  • Tax advisory
  • Regulatory consulting

Get in touch with our experts

If you want to discuss a specific issue, ask us for a quote, or simply find out what we have to offer, please complete the form below and we'll get back to you as soon as we can.

Alternatively, please email us at webenquiries@mhllp.co.uk

 

Meet the team

Photo of John Rossiter

John Rossiter

Director – Indirect Tax

John has over 24 years of experience advising clients on VAT and other indirect tax matters and brings a wealth of experience to the team having worked in the UK, Ireland and Canada.

John works with businesses of all sizes from owner managed to listed multi-nationals in a broad range of industry sectors. He has a particular focus on supply chain and international indirect tax matters, real estate and construction, financial services, and tax risk management. 

A key part of John’s role is to leverage the international expertise that is available to all MHA MacIntyre Hudson clients through the Baker Tilly International network, so no matter where our clients operate or trade, they have access to the professional services and support that they need to succeed.

Get in touch with John Rossiter
Photo of Taffy Mushambi

Taffy Mushambi

Audit Director

Taffy joined MHA MacIntyre Hudson London office as an Audit Director in the Technical team.

Taffy is a Fellow member of the ACCA and has more than 18 years working experience in providing audit and assurance services to clients in a broad range of sectors including banking, real estate, construction, manufacturing, and mining & exploration. He has significant experience leading Group audit engagements for listed entities, large international groups, and other medium sized corporates while working in top 6 firms in the UK, Botswana and Zimbabwe. 

Taffy has now joined the audit technical team and is focused on working with various teams within MHA and is committed to providing valuable and effective technical input on complex areas.

Get in touch with Taffy Mushambi
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Rob Dando

Corporate Finance Partner and Transaction Services Leader

Rob joined MHA MacIntyre Hudson Corporate Finance in April 2020 to lead the Transaction Services team. Rob has over 15 years’ transaction consultancy experience, with considerable knowledge in global markets. He specialises in advising mid-market businesses, corporate clients and financial institutions, in their assessment of acquisitions and divestments, as well as assisting organisations on their journey to initial public offering. Rob’s primary focus is on providing financial due diligence services for M&A transactions.

Rob has extensive deal experience across a variety of industry sectors, deal sizes and on a global basis. He has a particular interest in business services, education, healthcare, technology and transport & logistics sectors.

Rob is a chartered accountant (ACA) and holds the Corporate Finance Qualification (CFQ) from the Institute of Chartered Accountants England and Wales (ICAEW).

Get in touch with Rob Dando
Photo of Candice Czeremuszkin

Candice Czeremuszkin

Partner

Candice Czeremuszkin is a Licensed Audit Practitioner responsible for signing and leading audit engagement teams that serve a growing portfolio of mutual funds and private equity funds with a diverse range of investments and strategies, and under various accounting frameworks and relevant local legal and regulatory requirements.

Currently a member of the Cayman Islands Institute of Professional Accountants (CIIPA), a Fellow of the Association of Chartered Certified Accountants (FCCA), and the Chartered Professional Accountants of British Columbia. Candice also holds a Master of Business Administration (M.B.A.) from the Heriot-Watt University Edinburgh Business School. Candice is currently pursuing her PgCert Doctoral Business Research Methods from Heriot-Watt University Edinburgh Business School and her ACTL Performance Diploma from Trinity College London.

Currently Chair of the Association of Chartered Certified Accountants (ACCA) Cayman Islands Chapter and recently awarded ACCA’s Caribbean Member Advocate of the Year Member of Cayman Finance's Public Awareness Committee.

  • Member of Cayman Islands Institute of Professional Accountants (CIIPA) Education Committee.
  • Member of the Cayman Islands Institute of Professional Accountants (CIIPA) Careers & Mentoring Committee.
  • Member of the Cayman Islands Institute of Professional Accountants (CIIPA) International Relations Committee.
  • Executive Board Member and Treasurer of Business and Professional Women's Club of the Cayman Islands.
Get in touch with Candice Czeremuszkin

What they say about us

A team who fully understood our business, our objectives and ultimately a team who we felt we could trust and enjoy working with. Excellent advice throughout the negotiations. Would not hesitate to recommend them. Neil Hollingworth - SRBE Holdings Limited

What they say about us

The relationship with MHA MacIntyre Hudson has always been a solid one. The team are able to respond quickly to problems and achieving timescales. Their international network, Baker Tilly International, gives them breadth and the ability to cover overseas issues. - PRISYM ID