2023: a year in review
2023: a year in review Introducing our newest team member
Highlights
2023
Meet Lucy
Lucy Day Executive Forensic Services Norwich +44 (0)7355 678 212 lucy.day@frpadvisory.com
What attracted you to joining FRP’s forensic services team? I was interested in forensic work when I heard about it during my studies and thought it would suit me well. As a forensic accountant you are required to write reports alongside financial analysis as well as investigate into a variety of matters. FRP Norwich is a growing office with a number of opportunities which attracted me to the company. What type of work have you been involved in since joining? Since joining I have worked on a number of cases. I have helped produce single joint expert matrimonial reports covering a range of different companies and situations. I have helped with shadow expert reports challenging other single joint experts and producing questions for our clients to ask. I have utilised my studies looking at taxes, disputes, business valuations and specific areas such as cryptocurrencies and share valuations. Lucy joined us in July 2023 as a Forensic Services Executive. Lucy is training to be a Chartered Accountant and previously worked in a regional accountancy practice within the audit team. As our newest recruit, we asked Lucy to tell us a bit more about why she joined us and her experience so far.
2023 was another busy year for our experts and team. We valued businesses in over 40 sectors including IT consultants, property investment, construction, hospitality, car repairs, financial services, farming, dentistry, retail, marketing and consultancy. We also undertook a number of tax instructions providing reports as single joint expert on property and investment assets.
We continued our popular webinar series for family lawyers and this year focused on the new CGT rules and business valuations. We also hosted networking events in Cambridge, Norwich, Birmingham and London.
How does your background in audit assist in forensic services? Auditors have to question the evidence provided and remain professionally sceptical throughout the job. These skills help when completing financial analysis for business valuations and challenging accounts. As an auditor you manage multiple jobs and deadlines which has also helped in my new role. What do you enjoy doing outside of the office? Outside of work I like to keep active going to the gym, running and walking my dog. I love being outside particularly at the beach and taking part in outdoor activities. I also enjoy cooking and baking and experimenting with new flavours and recipes. Do you have any New Year’s Resolutions for 2024? My aim is to continue with my running (which I have recently started) ready for a half marathon in March. I also aim to sign up to some other challenges next year, hopefully including the Three Peaks challenge.
In 2023, our key statistics were:
90
54 Engagements as single joint expert
2
9
New instructions
Partners
Specialist team members
149
40+ Different business sectors
5
600 Family lawyers attended our two tax webinars
Instructing lawyers
Networking events for family lawyers
frpadvisory.com
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