Nexia Audit Limited has changed its name to Nexia Smith & Williamson Audit Limited, trading as Nexia Smith & Williamson, with effect from 2 May 2006. Nexia Smith & Williamson is the audit practice of Smith & Williamson, an independent professional and financial services group employing over 1,200 people.
Jeremy Boadle, managing director of Tax and Business Services at Smith & Williamson, explains:
"The name change arises for two main reasons. First, it is in response to feedback from clients and business contacts who recognise the strong Smith & Williamson brand. We have decided to incorporate Smith & Williamson into the name of the audit practice alongside that of our international network, reinforcing our continuing links to Nexia International."
"Second, it follows a change in the rules by the Institute of Chartered Accountants in England & Wales with regard to names of Registered Auditors who are associated with an accounting firm."
Nexia International is a network of independent auditors, business advisers and consultants, and currently includes about 350 offices spanning 92 countries.