The business challenge A public company listed in the United States was acquiring a listed company in the United Kingdom. Baker Tilly network member firm, Baker Tilly UK, was auditor of record, and Baker Tilly assisted in the audit to be able to include the acquired company’s financial statements in the registration statement. The Company is a leading car-sharing service with vehicles in urban areas and college campuses throughout the US, Canada, and the UK. The Company offers more than 30 makes and models of self-service vehicles by the hour or day.
The Baker Tilly solution Baker Tilly’s Professional Services team collaborated with the Company in the U.S. and Baker Tilly UK to complete the audit for the registration statement. Baker Tilly’s team:
Collaborated with Baker Tilly UK to transfer knowledge of the client efficiently
Completed the audits of two years of UK GAAP financial statements
Provided recommendations to the company regarding the registration statement
Provided a team of US- and UK-based experts in UK GAAP and PCAOB auditing standard
Business results As a result of Baker Tilly’s services:
The Company filed their registration statement timely
