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Welcome to the September edition of the WH Marks Sattin Practice Newsletter. Public Practice is a dynamic, ever-changing environment requiring a very specialist focus. We offer expert recruitment advice from trainee to partner level across all size of firm and service line. Although we have a global reach, we pride ourselves on offering a boutique service and developing long-term working partnerships with our clients. Our team has over 17 years' of combined recruitment experience and includes specialists in assurance, advisory and tax.
This month we are pleased to announce the expansion of our consultancy team within the division. This will be headed by Laura Wilson who has been with WH Marks Sattin for over 5 years and has focused exclusively on front office and consulting assignments to date. We are able to cover all sectors and specialise in financial management consulting across the following service lines: strategy & change management, performance/process improvement, business transformation, financial & risk management.
Please feel free to contact Laura or the practice team on
0207 747 9695 to discuss any requirements.
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2008 saw what can only be described as a massive blow for the glamorous world of Corporate Finance. M&A activity was at its lowest in 40 years, (as quoted by the Independent) and the boom of M&A turned into the gloom of restructuring and recovery. Recruitment came to a halt and more and more people were struggling to secure and keep their jobs. However, this last month has shown a glimmer of hope and it looks like we could be riding the winds of change.
Read More >> |
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As you know, accounting plans announced by the UK Accounting Standards Board will likely see the disappearance of UK GAAP. The smaller firms are making way for the International Financial Reporting Standards (IFRS) which are already widely used in large multinational plcs.
2012 is the target to instigate the new accounting framework which will affect thousands of Small and Medium Enterprises across the UK. What we have to consider is how it’s going to affect the SMEs involved and what are going to be the implications for the professional service firms trying to service this change.
Read More >>
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| 8 Market Facts |
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The economic downturn has seen a boom in audit tendering in order to drive down costs. |
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The winners of this tender process are the mid tier and smaller firms as their fees are typically lower. |
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Total graduate recruitment for the accountancy sector is down 20.6% on 2008 figures.
The Big 4 are still holding strong with a similar intake to last year. |
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Since the recession 3,000 jobs across the profession have been lost. |
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In terms of service lines, Tax and Corporate Finance have been hit the hardest while Audit fees have slightly increased across the board. |
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45% of senior Tax professionals believe that their team will be increasing in numbers over the next 12 months. |
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Professional accountants are still seen as the most trusted business advisor, beating a spouse or family member into 2nd place. |
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and finally, did you know……Al Capone’s business card said he was a used furniture dealer? |
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Due to the current economic climate, the extent of cost reduction procedures and damage limitations within firms/companies is such, that huge scrutiny has been placed on the guidelines and allowances on expenses. This subject has also been highlighted by the scandal surrounding the MPs expenses packages, being discussed not just by parliament and the media, but internally within a number of large organisations with the idea of changes in policy in mind. Read More>>
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| Jobs of the Month |
Candidate of the Month |
Corporate Tax Partner
A highly reputable Accountancy Firm is seeking a Partner to head up and drive forward their Corporate Tax Department. However they are looking for somebody special!!!
So if you think that you stand
out from the rest, your talent is not recognised or you are restricted in your current firm then look no further.
Read More>>
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Corporate Finance Director
A prestigious and very well respected Accountancy firm is seeking a strong Director to join a dynamic and rapidly expanding Corporate Finance team.
The role will involve managing a team and working with the Partners to bring in new business.
Read More>>
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Restructuring Director
- Seasoned turnaround professional with a long track record of recovering large amounts of cash from clients.
- Worked on a number of high profile financial services clients which are household names.
- Significant fee following to bring with them to their next employer.
Request CV >> |
This is just a taster of the type of quality candidates/roles that we can provide in the current market. If you are interested in
any of these profiles or have a specific need that you would like to discuss with us, please contact Ewa Stefanska at
ewa.stefanska@whmarkssattin.com or call 0207 747 9754. |
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WH Marks Sattin - Are you LinkedIn ?
WH Marks Sattin has recently set up a dedicated group to give you the opportunity to get the
latest news; join in relevant discussions as well as having an alternative means of contacting our consultants directly.
We believe that this is an ideal forum to talk about the latest goings on within finance and accountancy as well as sharing advice and thoughts not only with WH Marks Sattin consultants but with your peers.
So please click below and join our group (and sign up to Linkedin if necessary), we look forward to welcoming and interacting with you.
Click here to join the WH Marks Sattin LinkedIn Group.
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