EAST ANGLIAN accountancy firms Aston Shaw and Morgan Woods are set to merge next month, in an attempt to galvanise growth.
The newly-formed business, which will continue to use the Aston Shaw name, will operate five offices throughout the region and will be jointly headed by Morgan Woods managing director Mark Noakes and Aston Shaw director Dominic Shaw.
It is expected the merger will be completed within three months. A full range of business and individual service lines will be available across five regional offices, which will employ 70 staff.
The merger has been driven by “the changing nature of the industry” and aims to capitalise on the growth seen by both firms in the last year, Aston Shaw said in a statement. Clients will be “the real beneficiaries of this merger”, Noakes said.
Shaw added: “Our combined expertise will make the amalgamated firm well equipped to provide companies and individuals with the highest level of service.”
The 2014 Accountancy Age Top 50+50 survey recently revealed increasing fee incomes for the top 100 firms in the country, as the industry positions itself to make the most of improving economic conditions.
The Treasury Select Committee criticises the FRC for a 'lack of curiosity and diligence' in deciding to not investigate KPMG’s audit of HBOS before the publication of a report financial regulators, the FCA and PRA
FRP Advisory sells business and assets of Harland Machine Systems Limited to Accraply Europe Limited
Last week, the Practitioner opened an email from a large, high maintenance, client and was left speechless
Under the deal, Blick Rothernberg will sit within HgCapital’s Services sector but will retain its name and way of doing business