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.


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.


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

Find out more

Get in touch to find out how MHA MacIntyre Hudson’s financial services experts can help you succeed and grow.

Meet the team

Photo of Fuad Amod

Fuad Amod

IT Audit Manager

Fuad joined MHA MacIntyre Hudson in May 2021, as an IT External Audit Manager with more than 7 years of IT Audit experience.

Having worked at 2 of the big 4 as well as in IT internal audit at a large financial institution, he has experience in a variety of sectors with entities of varying sizes and complexities.

He primarily works with organisations in the financial services sector.

Get in touch with Fuad Amod
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Mohammad Coowar

Senior Manager

Mohammad joined MHA MacIntyre Hudson in January 2021 as a Senior Manager specialising in the audit of financial services, with a special focus on Cayman Islands clients. 

Prior to joining Mha MacIntyre Hudson, he spent 8 years working for BDO in different jurisdictions serving clients in the financial services and manufacturing sectors.

Get in touch with Mohammad Coowar
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Sue Rathmell


Sue is an Indirect Tax specialist with more than 25 years’ experience of VAT, Insurance Premium Tax, excise and customs duties. She joined MHA MacIntyre Hudson in April 2017 and heads up the Indirect Tax services in the Kent region. 
Sue spent 5 years as in-house Indirect Tax Manager at Saga plc. Before that Sue worked for a Big 4 firm in London and in Central Europe and initially she worked for HMRC. Sue is a Chartered Tax Advisor.
With experience with over 50’s tour operator Saga under her belt, Sue is a travel VAT specialist, helping tour operators understand the Tour Operators’ Margin Scheme (known as TOMS) which calculates how much VAT is due on holidays. TOMS is also used in the MICE (Meetings, Incentives, Conferences and Events) world.  
Outside the office, Sue enjoys travelling, particularly island hopping in Greece in search of the perfect beach and the perfect taverna.
Get in touch with Sue Rathmell
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David King


David is a Partner in the MHA MacIntyre Hudson financial services team responsible for audit opinions and specialising in audit and assurance services to investment businesses. 

David has over 24 years’ experience as a Chartered Accountant. Having qualified with EY in 1992, he left to work in finance roles at FCA regulated businesses, but re-joined the auditing profession in 2001 as a senior manager in EY’s Banking and Capital Markets Group. In 2007 he took up a role as head of financial control at a leading London metals broker and then in 2011 joined the audit division of a boutique firm.  That audit division was acquired by MHA MacIntrye Hudson in November 2016. 

In addition to statutory audit, David leads teams on internal control and client assets engagements. 

Get in touch with David King

What they say about us

The teamwork and support from the MHA team really made the difference to a complex deal. Anthony Pile - Blue Skies
Private Equity Investment

What they say about us

I've always been very happy with the information provided and, no matter how obscure it may be, the agricultural team have always been able to find an answer – and with the large diversification project we took on there have been plenty of questions! Callum Bates - J Bates & Son