Baker Tilly is a leading firm of accountants and business advisers
Baker Tilly has almost 4,000 partners and staff based in a network of offices across the UK and specialises in providing an integrated range of services to our clients in the financial services sector.
Our clients range from small start-up businesses to large multinational and listed groups of companies. In addition, we provide services to banks and building societies.
Baker Tilly's Professional Practices Group is a multidisciplinary team whose flair and sector expertise have helped us to achieve our position as one of the UK's top providers of business services to the professions.
Like most businesses in the current economic climate, professional firms, both large and small, corporate or partnership, are facing numerous challenges. Our position enables us to not only influence technical and legislative developments for the good of our clients, but also to lead the way in identifying innovative and efficient solutions to their problems. We work with clients across the sector including solicitors, architects, management consultants, surveyors and accountants. Following the reform of the legal profession in England and Wales, we are also advisers to many new entrants to this fast-changing market. Our knowledge of the Scottish legal sector combined with the expertise gained from advising those affected by the reforms in England and Wales means we are ideally placed to assist Scottish firms about to experience similar regulatory change.
Professional firms frequently operate internationally and our team has a long history of helping international firms tackle issues such as the audit of subsidiaries and providing expertise specific to local circumstances, for example taxation advice.
Our industry experts advise our clients across the full range of business advisory services including taxation, audit, corporate finance including mergers and acquisitions, due diligence, capital markets, private equity and modelling, forensic services, business improvement services, accounting and business advisory, restructuring and recovery, payroll solutions and outsourcing, consulting services including strategic planning, succession and partner co-operation.
Professional service firms have been a key component of the economy -- both in the UK and globally -- for many centuries. The legal profession, in particular, is considered to be one of the oldest professions in the world.
In the 19th century, 'professional partnership' was an adequate definition. Today, however, with firms now as likely to have global reach as to be locally based, perhaps conducting business through the medium of listed companies, privately owned corporate groups, limited liability partnerships or hybrid structures, it's worth pausing to reflect on what distinguishes a professional service firm from the remainder of the service sector.
What does it mean to be a professional service firm in the 21st century?
While professional firms may provide an exceptionally wide range of services to their clients, we believe that one test sets them apart: the exercise of professional judgment for the benefit of their clients. Our Professional Practices Group uses years of accumulated experience to inform our professional judgments for the benefit of our clients.
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