Baker Tilly Partners Recognised in Queen's Birthday Honours List

17 Jun 2013

Two partners from Baker Tilly (in the UK) have each been awarded an OBE (Order of the British Empire) in the Queen's birthday honours list.

Danielle Stewart is Baker Tilly's head of financial reporting, and receives her award for services to accountancy and small business. Over 20 years ago, she helped to guide the Institute of Chartered Accountant's Audit Monitoring Unit to implement audit regulation effectively, which led to a key role in the writing of the Financial Reporting Standard for Smaller Entities (FRSSE) - the world's first differential financial reporting standard.

Danielle's passion for small businesses led her to be selected for the Company Law Review where she campaigned for the rewriting the Companies Act on a "Think Small First" basis, as well as many other common sense changes such as removing the requirement for a company secretary in small companies.

More recently, Danielle has helped to re-write UK GAAP, and continues her deregulation work for the Department of Business as the accountancy profession's Red Tape Challenge Champion, making recommendations to the Cabinet Office on regulations that can assist small businesses. She regularly advises the European Commission on the development of accounting directives as a UK representative on the European Financial Reporting Advisory Group's SME committee.

Jim Clifford is Baker Tilly’s head of public sector and not-for-profit advisory services, and receives his award for services to social investment. Jim has worked for over 30 years in the not-for-profit and publicly funded arenas, as well as charity management. This has involved restructuring and strategic work across a number of sectors within independent charities, local infrastructure bodies and foundations, and he frequently works within advisory groups for central government and other national bodies. Jim is an honorary Visiting Fellow at Cass Business School and is working on a standard protocol for corporate finance deals within the charity sector.

More recently he has worked with the Consortium of Voluntary Adoption Agencies and 18 voluntary adoption agencies across the UK to launch the first Social Impact Bond to bridge the gap between the lower rates paid on social investment to date, and the rates paid in the normal investment market. This pioneering new family-finding service for vulnerable children will use money from private and institutional investors to facilitate and support around three hundred extra adoptions a year, and is the largest example to date of social finance in the UK.

In his personal life, Jim and his wife Sue have successfully parented nine very troubled adopted children over the last 20 years, as well as offering support and training to parents in similar roles. Their work was highlighted in 2011 in the BBC2 programme "A Home for Maisie" which showed the challenging story of the second year with their youngest adopted child, and has been widely acclaimed as TV’s most realistic look at adoption.

Laurence Longe, Baker Tilly’s national managing partner, said: "Danielle and Jim’s achievements have long been recognised by their colleagues at Baker Tilly, and they have both developed great expertise within their specialist, professional fields. We are delighted that they have received this very special commendation and we are all extremely proud of the work that they do".

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