Continued expansion with Nationwide launch of Baldwins Forensic Accounting
One of the UK’s leading accountancy groups has continued its expansion with the nationwide launch of Baldwins Forensic Accounting.
Forensic Accounting services include quantifying damages in civil litigation cases and valuing businesses on divorce, through to investigating alleged criminal activity such as fraud.
The service is now being rolled out to Baldwins’ 60 offices around the UK under the supervision of directors David Owens, James Hamilton and Tanya Wilson, who are looking to expand their existing team of seven forensic accountants to around 20 over the next three years.
Former forensic partner at BDO and PKF, James Hamilton will oversee the roll out of the services in the north region where Baldwins has 28 offices, and Tanya Wilson will be lead the practice across the 29 offices in the south region.
Tanya, who helped develop a Forensic practice for KTS Owens Thomas prior to its acquisition by Baldwins in 2017, said:
“Our forensic accounting service has grown steadily from our Cardiff base since it was formed in the mid-1990s to the point where we are receiving at least one new enquiry every day, and Baldwins’ national reach and resource means we can now begin to truly realise its potential.
“A significant portion of our work comes from solicitors needing assistance with cases, so being able to establish a stronger, physical presence in cities with established legal markets will help the service to grow even further.
“Our service is about trying to save on litigation costs by presenting credible financial evidence that avoids cases having to go to court – currently only five per cent of the cases we deal with do go to court.
“Unlike most other accountancy practices with a genuine focus on entrepreneur led businesses, we are fortunate enough to already have a team of experienced forensic team in place, and over the next few years with additional recruitment, the aim is to become one of the largest regional providers of forensic accounting services in the UK.”
John Baldwin is founder and director at the Baldwins Accountancy Group, which is one of the UK’s leading business services groups and is a CogitalGroup company. Currently, CogitalGroup has 4,700 people operating from 150 offices in seven countries, with revenue in excess of £320 million.
John added: “The advantage of Baldwins expanding across the UK is that we can identify successful differentiating services, such as forensic accounting, and spread this into the different communities where we operate.
“The service is useful to a wide range of organisations and people, ranging from solicitors and the crown prosecution service to HMRC, private companies and the general public.
“The forensics team has built up a fantastic reputation in this sector, and we look forward to helping them develop and expand the service over the coming years.”