GRASP THE NETTLE

Accountancy firms that are slow in grabbing the opportunities that Making Tax Digital offers, will suffer, says Phil Shohet of Foulger Underwoodkato. Can you remember the last time the accountancy profession faced such a seismic change, and the same level of opportunity – and threat – that this momentous upheaval brings? 

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As published in the ACCA's Accounting and Business Magazine July/August edition.

SINGAPORE - TMF Group acquires Virtual HR

We are pleased to announce that our client Virtual HR (“VHR”), a leading provider of payroll services in Singapore has been acquired by the TMF Group - Singapore, a leading provider of high value business services to clients operating and investing globally. The deal was completed on the 31 May 2016. We wish them both much success in the future.

For the full press release ->

THE NEW BREED OF BUYERS

The market for acquiring accountancy practices is being re-energised by more varied suitors, such as outsourcers, private equity and IT firms, says Keith Underwood.


There have been stirrings in the accountancy acquisition market over the past 18 months. The consolidators have long gone, but the market is attracting attention from a couple of groups of new, specialist buyers. 

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As published in the ACCAs Accounting and Business Magazine, May edition.

GRACEFUL EXIT

Deferred baby boomers in sole practice and small firms are those who are most vulnerable to the perils of planning for retirement, as Keith Underwood explains.


Your retirement is likely to be the most important decision you make in your career. The considerations you need to take into account are wide-ranging and include personal finance, job satisfaction, whether suitable succession for the firm is in place, and the hobbies and other active interests you have to occupy you in your retirement. 

As published in the ACCAs Accounting and Business Magazine.

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FOULGER UNDERWOOD IS DELIGHTED TO ANNOUNCE THE SALE OF EAGLE CONSULTING TO THE EQUIOM GROUP

The Foulger Underwood team, led by Tim Underwood, advised Harry Hornby of Eagle Consulting on the sale of his business to The Equiom Group. Eagle Consulting is an Inverness based professional services outsourcing firm with an international client base.

Tim Underwood added ' I believe this is an excellent deal for both Eagle and Equiom and look forward to watching the Eagle business further flourish under its new ownership. We wish them much success in the future.'

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FOULGER UNDERWOOD attends the ICAEWs 'Practice 2016' !

We are very much looking forward to meeting many of you at the ICAEWs 'Practice 2016' conference this Friday in London. Fantastic couple of days planned and exciting schedule to be delivered. We are offering 1:1s throughout the day on Succession Planning and the strategic challenges that 2017 may bring . Please book your slot in advance with the ICAEW or come along to our specialist room to book a last minute slot on the day or just say hello.

Please do click on the line below to explore the conference further...

How do practitioners build the practice of tomorrow?

FOULGER UNDERWOOD KEY SPEAKERS
AT ASIA SPECIFIC REGIONAL MEETING
13 MARCH 2016, SINGAPORE

Tim Underwood, Managing Director of Singapore and Keith Underwood, Managing Director, of Foulger Underwood have been invited to speak at the next MSI Global Alliance Asia Pacific Meeting at the Fairmont Hotel, Singapore. Their interactive discussion entitled“Practice Management Challenges – An Asian Perspective” will take place as part of the three-day MSI conference.