DSW Staff raise money for #BumpItForward

DSW Staff raise money for #BumpItForward Partners and employees at Dow Schofield Watts have raised £526 by giving the equivalent of their COVID19 vaccine to protect frontline staff in African countries who have to wait for theirs through the #BumpItForward campaign set up by the Liverpool School of Tropical Medicine. A vaccine costs approximately £25 … Continued

Former Chancellor predicts ‘growth bounce’ as UK exits lockdown

Former Chancellor predicts ‘growth bounce’ as UK exits lockdown With the UK economy exiting from lockdown, Dow Schofield Watts clients were given an insight into its future prospects in a private briefing with the former Chancellor, Lord Philip Hammond. During the online event, which was hosted by DSW and organised by OakNorth Bank, Lord Hammond … Continued

Women in accountancy: Interview with Jill Jones

Women in accountancy: Interview with Jill Jones Jill Jones is the former North West Regional Managing Partner of RSM where she was also a main board director and acting COO until her departure in June 2020. She is now a Non-Executive Director at Dow Schofield Watts and a number of other organisations. Here she talks … Continued

Busting finance jargon with Roger Esler #5

Busting finance jargon with Roger Esler #5 Valuation bridges, debt, normalised working capital, earn-outs, VLNs, retained interests, conduct provisions and put/call options There’s business valuation and then there’s business valuation. To vendors, valuation often means the final cash consideration, or “equity value” that they actually receive for their share capital in what can be a … Continued

Busting finance jargon with Roger Esler #4

Busting finance jargon with Roger Esler #4 IBOs, MBOs, LBOs, SBOs, TBOs, MBIs and BIMBOs The decision for business owners to pursue a private equity (or financial buyer) exit route versus a trade sale process is a fundamental one. In Busting Jargon #3, the challenges and risks of mixing two processes together, when each can … Continued

Busting finance jargon with Roger Esler #3

Busting finance jargon with Roger Esler #3 Pre-emptives, limited auctions, wide auctions, twin track, triple track, sales agents, business brokers, spaghetti There are many ways to manage a business sale processes depending on the specific attributes and qualities of a particular business, the nature of its buyer audience and the objectives of its shareholders. It … Continued

Hospitality leaders urge Chancellor to use tax relief to ‘save the industry’

Hospitality leaders urge Chancellor to use tax relief to ‘save the industry’ A Dow Schofield Watts advisor is helping to lead a campaign calling on the Chancellor to use tax relief to encourage investors to support the hospitality industry through the pandemic and beyond. Payam Keyghobadi has joined forces with Alan Lorrimer, founder of London’s … Continued

Dow Schofield Watts moves into ranks of UK top 60

Dow Schofield Watts moves into ranks of UK top 60 Dow Schofield Watts has been ranked in the UK’s top 60 accountancy firms for the first time. The firm has risen by 13 places to reach number 59 in this year’s  Accountancy Age Top 50+50, which recognises the ‘movers and shakers’ of the accountancy world. … Continued

The future of accounting – how the Big 4 shake-up will affect your career

The future of accounting – how the Big 4 shake-up will affect your career Changes to the accounting landscape could open up new horizons for professionals, says Nicole Burstow, a former audit director at Deloitte and now FD at Dow Schofield Watts Amidst the disruption and uncertainty of recent years, the accountancy profession has remained … Continued

An interview with our new Non-Executive Director Heather Lauder

An interview with our new Non-Executive Director Heather Lauder Heather Lauder joined us as Non-Executive Director earlier this year and brings over 30 years of experience in retail and business banking to Dow Schofield Watts.  Heather talks to Nicole Burstow, Finance Director about why she joined, first impressions and the future for Dow Schofield Watts. … Continued

Heather Lauder Appointed Non-Executive Director

Heather Lauder Appointed Non-Executive Director Heather Lauder has more than 30 years of experience in senior retail and business banking roles. In her most recent position as chief operations director at the Co-op Bank, she led the transformation of its retail banking arm. She was also a member of the executive team which oversaw the … Continued

Financial due diligence in a Covid-19 world

Financial due diligence in a Covid-19 world Covid-19 has caused sudden and unexpected disruption for businesses. It will bring new challenges for transaction processes. As things stand, it is difficult to assess how and when sectors and businesses will recover and what the ‘new normal’ will look like.   Given these uncertainties, we think robust … Continued

Due Diligence process tips: COVID-19 considerations for vendors

Due Diligence process tips: COVID-19 considerations for vendors DSW Transaction Services acts as a financial due diligence provider to both buyers and sellers. Despite the current environment, we have a number of deals ongoing in resilient sectors. However, the impact of COVID-19 and the UK lockdown is universal and the following is a summary of … Continued

VAT changes to e-books – not the end of the story yet

VAT changes to e-books – not the end of the story yet Recently the government trumpeted the news that they are ‘fast-tracking’ the VAT changes to e-publications by introducing VAT zero-rating on 1st May, rather than on 1st December. However, what is not being reported so widely is that HMRC have been resisting (and I … Continued

Fraud Awareness

Fraud Awareness The current climate will inevitably put renewed pressures on the financial targets of companies and individuals, and may see some previously concealed frauds bubbling to the surface. Our Forensic Accounting team would like to share some valuable advice about how to minimise potential risks and steps to consider if you suspect fraudulent activity … Continued