At Bracken Rothwell we have an experienced team of qualified accountants who are able to assist you in any aspect of accounting and auditing, which enables us to quickly identify potential issues and to offer well thought out and pragmatic solutions.
We are experts in accounting and auditing for:
- Accounting for complex structures
- Preparation of financial statements in accordance with various generally accepted accounting principles (typically UK GAAP and IFRS)
- Audits conducted in accordance with International Standards on Auditing (UK & Ireland)
One of our areas of expertise is Special Purpose Vehicles (SPVs) for which we are well known for delivering quality audit and accounting solutions.
The expertise in this area has ranged from accounting for weather derivative transactions, to mortgage backed securities, leasing securitisations and commercial paper issuers, as well as more plain vanilla real estate or private equity transactions. We are very experienced in how to deal with the vast panoply of swap transactions evident in such transactions and the different approaches that may be applied to financial reporting for them. In total we have accounted or audited for over 100 different structures which has encompassed UK, IFRS, US, Canadian, German and Hong Kong GAAP, and dealt with audit requirements for AIM, Dublin, Luxembourg, Frankfurt and CISX listed entities. The team in this field have over 80 years of experience between them and are familiar with the issues arising and applying themselves to finding pragmatic solutions wherever problems arise.
Clearly, there are times when a Big 4 auditor is appropriate, but we aim to offer an alternative option at a reasonable price. The added benefit is that typically the audit team comprises qualified staff members each with over 10 years of relevant experience. This in itself means an intelligent approach which minimises unnecessary disruption and an efficient direction of effort at the intermediary or other functionaries involved.
In today's ever more challenging economic environment our cost efficient service is often utilised for one-off 'clean up' exercises, or taking over audits from a Big 4 auditor at the tail end of transactions where there may be an audit requirement but the need for a Big 4 has fallen away. As a smaller practice we also get used for time-pressured engagements where we can apply resourses quickly and at short notice to ensure deadlines are met.
As well as the above services we are also able to provide experienced staff in order to prepare management accounts for clients including listed funds and hedge funds. We are registered with the Jersey Financial Services Commission as Recognised Auditors and are therefore able to undertake the audit of market traded companies incorporated in Jersey (the register may be viewed at:
If you would like to find out more about our services call James Pledger or Alistair Rothwell and remember that whilst we're experts with numbers, we always speak plain English.