Australian advisory house Rochford has unveiled the new service offerings in an attempt to provide clients with comprehensive risk management services, particularly as uncertainty regarding the financial environment wanes the appetite for risk.
Rochford managing director Thomas Averill said: “We understand that for many CFOs and group treasurers the effect of market shocks on the value of the enterprise is what keeps them up at night.”
He added: “We are really excited to now offer treasury accounting advice as part of the Rochford service. Having listened to our clients' grievances around hedge accounting and the complexities that come with it, we realised that there was an untapped opportunity to streamline the whole process for clients."
Kevin Mitchell, the former bank and treasury accounting manager at AMP, has been appointed to head up the function boasting experience in end-to-end accounting services.
The demand for specialist advice on financial risk now sees Rochford advising on in excess $20 billion since its launch in 2010, with offices in Hong Kong and Sydney.
“It is crucial that in today’s environment CFOs understand the market risks their business is exposed to and how best to manage them. CFOs need to be looking out for ways to protect their gross margins from market risk as well as regulatory changes such as the new accounting standard IFRS 9 and this is something we can help them with,” Mr Averill concluded.
The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day