Baker Tilly

Auditors are too trusting of managers' explanations of financial reporting when looking into company accounts, the Audit Inspection Committee (AIU) says.

Almost three quarters of companies plan to grow in the coming three years as the economic downturn delivers some tantalizing opportunities to expand, a survey suggests.

Towry Law has acquired Baker Tilly Financial Services, an IFA wholly-owned by accountancy firm Baker Tilly, for an undisclosed sum.