It is central to our philosophy that there should be mutual respect and understanding between us and our clients. Both as a professional firm in our own right and from our wide experience in acting for other professional set-ups of all kinds, we know that no professional firm is like any other. Each profession has its own specific requirements; each firm comprises a group of individuals who put their own mark on its activities. We take great pride in being able to adapt to the needs of each client, without in any way impairing our professional independence. As well as BDO Ltd accounting, auditing and taxation services, some of the key issues that professionals frequently ask us to address with them are their structure. This includes their reporting system and formal partnership agreement; their business strategy and their profitability; profit sharing; or how to take over another practice or merge with others on a national or international level. Practice development activities and marketing campaigns, new services and the evolution of the multidisciplined practice also exercise the minds of the professional firm. Often one of the greatest concerns is partnership taxation and how to plan effectively. This may include for example, policy on the ownership and funding of properties and other assets, as well as tax and pension planning for individual partners. Our full range of consultancy expertise enables us to advise the professional firm in for example, computerisation, management control systems or VAT savings. At the same time, our specialist departments deal with such further matters as fraud prevention, insolvency and debt recovery. |

