Consolidation requirements for UK subsidiaries of international groups
We outline the common exemptions from the requirement to prepare consolidated accounts, along with some practical guidance on how the rules apply.
Stephan is a Partner in the Audit & Assurance team, having joined Price Bailey in 2017 from a global accountancy firm.
Stephan holds a master’s degree in financial economics and began his career in the City of London, working in investor analytics while undertaking actuarial training. In 2012, he relocated to Norfolk and retrained as an auditor with a global accountancy firm, gaining experience across the UK as well as assignments in Europe and South America.
Driven by a commitment to support ambitious and fast growing businesses across East Anglia, Stephan joined Price Bailey in 2017 as an audit specialist. He is now an experienced senior statutory auditor with ultimate responsibility for a wide portfolio of corporate audits. Stephan specialises in the audits of UK subsidiaries of international groups and is highly experienced in International Financial Reporting Standards (IFRS), UK GAAP conversions, and Group Audit Reporting. He and his team work seamlessly with auditors and finance teams worldwide
and are accustomed to managing complex engagements across multiple time zones and delivering to demanding group reporting deadlines.
When off duty, Stephan enjoys spending time with his young family, and gets to as many Norwich City Football Club games as possible.
We outline the common exemptions from the requirement to prepare consolidated accounts, along with some practical guidance on how the rules apply.
We outline the key requirements for UK subsidiaries of overseas groups who are determining whether they require a statutory audit.
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