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Financial Reporting

The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board, or IASB, an independent, not-for-profit organisation.

The IFRS provides a global framework for how public companies prepare and disclose their financial statements, giving general guidance for the preparation of financial statements, rather than setting rules for industry-specific reporting.

Adopting a single set of world-wide standards simplifies accounting procedures by allowing the use of one reporting language throughout. A single standard also provides investors and auditors with a cohesive view of finances.

Our audit and assurance team are able to guide you through this framework, to make your company compliant and meeting with the international standards required; this is especially useful for large companies with subsidiaries in multiple countries.

Get in touch to discuss how we can help get your accounting standards in line.

Meet the team

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Rakesh Shaunak

Partner and Group Chairman

Rakesh is currently Group Chairman as well as Chairman of the City Office. Rakesh qualified as a Chartered Accountant with a top five firm, gaining experience of large corporate audits and qualifying as a Member of the Institute of Taxation. He devotes much of his time to business advisory work and has a large portfolio of commercial clients. He is also the Managing Partner of the firm's education unit acting for a substantial number of colleges, academies, free schools, and other schools and education bodies.

He acts for a number of Leisure and Hospitality providers and understands the challenges facing the sector. Rakesh is keen to follow the ever changing landscape of Leisure and Hospitality in order to anticipate the needs of his clients.

He believes that people accept inefficiency and complacency far too easily and everyone should be encouraged to test their boundaries.

Get in touch with Rakesh Shaunak
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Martin Ramsey

Partner

Martin joined MHA MacIntyre Hudson in 2017 having spent 16 years working in the assurance team of a top 5 firm and having been in the profession for 27 years.  Martin deals with a mixed portfolio of clients but has particular sector specialisms in healthcare and professional practices. 

In addition to his audit and accounting work Martin has been involved in many other areas of advice such as in the areas of client money accounting and the related regulatory issues, mergers and acquisitions particularly in the professional’s space, funding, business structuring and incorporations, benchmarking and so on.

Martin’s preferred way of working is through face to face client relationships where he has the opportunity to really understand the clients business and offer support and advice based on both the personal and corporate aspirations of the client.

Outside of work Martin is married with three children who keep him busy.  He is also a keen cyclist and enjoys a day’s fly fishing when the weather is fair.

Get in touch with Martin Ramsey
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Sarah Whytock

Accounts Director

Sarah manages a large portfolio of clients with an emphasis on Charity & NFP organisations, farming, food and agricultural businesses. Having been brought up on a farm, Sarah is able to appreciate the challenges and complexities involved in running an efficient farming business - knowledge which helps her significantly when dealing with farm accounts, general tax and business advice.

As one of the first members of the firm to achieve the Diploma in Charity Accounting this demonstrates the high level of competency Sarah has achieved within the NFP sector – enabling her to give appropriate advice and guidance. Achieving deadlines and delivering a high level of service are very important to Sarah.

Get in touch with Sarah Whytock
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Alan Herbert

Partner

Alan originally trained and worked in small accountancy practices in Leicester before moving to the city’s largest independent practice, Pole Arnold, in 1991, progressing there to partner level.

Pole Arnold was subsequently sold to Numerica, one of the first listed accountancy consolidators, which was then acquired by Vantis and latterly by RSM Tenon.

After working in this listed Plc environment for the last 10-11 years, Alan has taken the opportunity to return to a traditional accountancy practice in MHA MacIntyre Hudson. He will be responsible for a mixed portfolio of owner managed businesses, mainly trading from Leicester and Leicestershire, and will be looking to help grow the Leicester office in the ensuing years.

Alan is married to Lorna, with one son Thomas, who is a 2nd Dan black belt in Korean Martial Arts. Alan is a season ticket holder at Leicester City and also a keen golfer.

Get in touch with Alan Herbert

What they say about us

The team at MHA MacIntyre Hudson have taken away the burden of the day to day bookkeeping, payroll and CIS work off me. This has enabled me to spend more time working on my business, finding new work, new ideas and ways to be more profitable. Thanks to the help I’ve received, I can see a bright future for me and my company. Luke Day - Complete Wiring Solutions

What they say about us

With MHA MacIntyre Hudson’s support, our business has been very successful since we started three years ago. Simon Burke - Dalbergia Group