SHIPPING HELPING SHIPPING BUSINESSES SUCCEED

Transcription

1 SHIPPING HELPING SHIPPING BUSINESSES SUCCEED

2 2 DELIVERING THE IDEAS AND SERVICES THAT MAKE A DIFFERENCE The BDO Shipping team brings with it over 80 years experience in the shipping industry. The team has a reputation as the world s leading shipping accountant and advisor. BDO Shipping has an unparalleled depth of knowledge and breadth of worldwide experience. The net book value of vessels acted for in London exceeds US$10 billion. The BDO international network has a presence in all of the principal shipping locations throughout the world. You will have easy access to the right people whenever you need them, so that decisions can be made quickly and confidently. HELPING YOU SUCCEED We work with a range of clients from owner managed businesses through to publicly quoted companies in the UK and around the globe. We advise clients including: XX Banks XX Charterers XX Container lines XX Cruise lines XX Logistics operators XX Maritime organisations XX Operators XX Owners US$10 BILLION NET BOOK VALUE XX P&I Clubs XX Port agents XX Ports XX Private equity OPERATING IN 162+ COUNTRIES XX Ship brokers XX Ship managers XX Shipping funds XX Shipping pools. When your business and personal interests need to expand, we ll make it happen coordinating advice from a network of offices throughout the UK and in more than 162 countries.

3 3 OUR SERVICES YOU WILL WORK WITH A CONSISTENT TEAM, SO THINGS GET DONE MORE EFFECTIVELY AND YOU CAN DEVELOP TRUST IN US. ASSURANCE CORPORATE ADVISORY SERVICES TAX XX Auditing and reporting (UK GAAP, IFRS, US GAAP, PCAOB reporting) XX Pre-feasibility, feasibility studies and strategic reviews XX Compliance XX Implementation projects (IFRS15 and 16) XX Financial modelling and business plans XX Structuring XX Financial and tax due diligence XX Internal controls over financial reporting (including Sarbanes Oxley readiness and implementation) XX Transfer pricing XX Shipping litigation support and forensic investigations XX Tonnage tax XX Bespoke benchmarking, surveys and indices (OpCost for example) XX R&D tax claims, in various jurisdictions XX Premium assurance for service organisations (ISAE 3402 / SOCI\II reports XX Internal audit (outsourced and co-sourced teams) XX Governance and risk management, including Rhiza XX IT cyber protection and security XX Data protection including GDPR (General Data Protection Regulation) XX IT consultancy and business intelligence sophisticated data analysis XX IPO preparation and reporting accountants XX Outsourcing of finance functions XX IT and accounting systems assessment, selection and implementation. XX Seminars and training (financial reporting) XX Environmental social sustainability. FROM START-UPS TO WELL ESTABLISHED BUSINESSES, WE CAN PROVIDE AS LITTLE OR AS MUCH SUPPORT AS NEEDED TO HELP YOU DEAL WITH NEW RISKS AND OPPORTUNITIES. XX Advisory XX Enterprise Investment Scheme (EIS) XX Freight taxes XX Private client tax and wealth management XX Employer support, payroll and pensions XX VAT/GST advisory.

4 4 HELPING YOU SUCCEED WHY BDO SHIPPING? You will work with a team of shipping experts with huge experience. They will provide you with the insights and ideas that will make a tangible difference. BDO is the fifth largest global accountancy and business advice firm with a presence in every major global financial and shipping centre. Whether you already operate internationally or are looking to expand into new markets, we will be there with you. We work hard to earn the trust of our clients. We take the time to understand you, your business and your goals so that we can help you turn ideas into reality. OUR VALUES Our people are empowered to be flexible and invest time in getting to know you and your business. This is what enables them to deliver the insights and ideas that will make a difference to your business. We have been a client for many years and have always been confident that the advice we receive is probably the best we can get when it comes to shipping tax and accounting advice. Expert shipping accountant

5 5 ADDED VALUE BDO Shipping is at the forefront of developments in the shipping industry. We liaise with industry professionals to produce focused articles and publications that truly add value to your business. SHIPPING CONFIDENCE SURVEY Our quarterly survey which captures the views and opinions on the current level of shipping confidence from professionals within the industry. BOTTOM LINE We publish a quarterly newsletter which focuses on topical insights to companies in the shipping industry. SEMINARS AND EVENTS We host regular seminars and events focusing on topical issues impacting the shipping industry. IT SERVICES Our teams provide a range of services from system selection and implementation, to bespoke solutions development and addressing cyber and IT security. OPCOST OpCost provides you with information to benchmark your vessels operating costs with the industry average and identify cost saving areas. 12 COST CATEGORIES RUNNING COSTS FOR SHIPS 26 VESSEL TYPES For more information, please visit: RHIZA: OUR RISK MANAGEMENT SOFTWARE Rhiza is an easy-to-use, customisable and cost effective solution which can help overcome the practical difficulties of managing risks at an enterprise level and ensuring compliance with listed company requirements. SHIPPING RISK SURVEY Our annual Shipping Risk Survey measures changes to the level of risk over the next 12 months.

6 6 ABOUT BDO Accountancy and business advisory firm BDO LLP provides integrated advice and solutions to help businesses navigate a changing world. Our clients are Britain s economic engine - ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy. We share our clients ambitions and their entrepreneurial mind-set. We have the right combination of global reach, integrity and expertise to help them succeed. The BDO international network has offices in the key global locations for shipping and transport businesses. BDO UK 17 LOCATIONS 350 S 4,600 STAFF 97% OF OUR CLIENTS WOULD RECOMMEND US /2018 RESULTS: 2 REVENUES UP 8.5% TO 464m MERGED estimated FIRM REVENUES 590m 1. Client Listening Programme (December 2018 BDO LLP) 2. Gross Revenues for BDO LLP BDO INTERNATIONAL US$9 billion 2017/2018 REVENUE A YEAR ON YEAR INCREASE OF 8.3% 162 Countries 1,600 Offices 80,000 Staff

7 7 UK SHIPPING CONTACTS IF YOU WOULD LIKE FURTHER INFORMATION ON ANY ITEM WITHIN THIS BROCHURE, OR INFORMATION ON OUR SERVICES PLEASE CONTACT: MICHAEL SIMMS, HEAD OF SHIPPING +44 (0) PHIL COWAN +44 (0) RICHARD GREINER +44 (0) PHILIP PARR +44 (0) JAMES BAILEY DIRECTOR +44 (0) TIM HALL ASSOCIATE DIRECTOR +44 (0) BRUCE WALLACE SENIOR MANAGER +44 (0) SUE BILL +44 (0) CASSIE FORMAN-KOTSAPA +44 (0) ROBERT NOYE-ALLEN +44 (0) ZESHAN ADIL DIRECTOR +44 (0) RYAN BISCOMB ASSOCIATE DIRECTOR +44 (0) MICHAEL SLUCKIS SENIOR MANAGER +44 (0) EDWARD EDDY SENIOR EXECUTIVE +44 (0)

8 FOR MORE INFORMATION: MICHAEL SIMMS +44 (0) This publication has been carefully prepared, but it has been written in general terms and should be seen as containing broad statements only. This publication should not be used or relied upon to cover specific situations and you should not act, or refrain from acting, upon the information contained in this publication without obtaining specific professional advice. Please contact BDO LLP to discuss these matters in the context of your particular circumstances. BDO LLP, its partners, employees and agents do not accept or assume any responsibility or duty of care in respect of any use of or reliance on this publication, and will deny any liability for any loss arising from any action taken or not taken or decision made by anyone in reliance on this publication or any part of it. Any use of this publication or reliance on it for any purpose or in any context is therefore at your own risk, without any right of recourse against BDO LLP or any of its partners, employees or agents. BDO LLP, a UK limited liability partnership registered in England and Wales under number OC305127, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. A list of members names is open to inspection at our registered office, 55 Baker Street, London W1U 7EU. BDO LLP is authorised and regulated by the Financial Conduct Authority to conduct investment business. BDO is the brand name of the BDO network and for each of the BDO member firms. BDO Northern Ireland, a partnership formed in and under the laws of Northern Ireland, is licensed to operate within the international BDO network of independent member firms. Copyright January 2019 BDO LLP. All rights reserved. Published in the UK. HB011836