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 Our Clients: case study: BRAL and
Dunkin Brands
 Until early 2006 Dunkin Brands was a part
of Allied Domecq, a FTSE 100 listed company. Following the takeover of Allied
Domecq by Pernod Ricard, Dunkin Brands was one of the divisions that were
divested, and was purchased by three US venture capital firms for $2.4 billion.
This left Dunkin Brands without the UK accounting support that had previously
been provided by the parent, so they set about looking for another provider
that could offer the same level of reporting, service and level of cost as
their former FTSE 100 listed parent. BRAL was chosen as their business partner
to provide these services..
BRAL have a long standing relationship with
ADP, the payroll processors, a relationship that gave Dunkin Brands confidence
that BRAL was used to dealing with internationally focussed companies. BRAL is
a Blick Rothenberg company, a specialist UK chartered accountancy practice, who
have a sixty year track record in working with companies whose ownership and
management is overseas. The combined experience and expertise of Blick
Rothenberg and BRAL offer clients any expert tax advice where needed, in
addition to handling their accounting matters.
BRAL have recently attained the SAS 70 Type
II accreditation, which is now seen as extremely important for US public
companies. SEC guidelines state that audit reports must now consider the
controls in place to prevent fraud and error as well as the accuracy or
otherwise the financial statements. Joe Falcao, the Director of International
Finance for Dunkin Brands, commented "BRAL being SAS 70 Type II accredited was
extremely important for us. .."We feel confident that the controls and systems
in place, having been audited by a US firm, can be relied upon by us both now
and for years to come."
"BRAL were able to provide us with access
to
,
an online facility that allows my team here in the US to control financial
procedures in line with our group policy. I can review financial information on
a line by line basis should I wish and am set as the approver on transactions
that exceed the limits set based on the authority levels of our UK based staff"
said Joe Falco.
The transition of accounting requirements
from Allied Domecq to BRAL had to be brought forward by a month at short
notice. BRAL's structure allowed them to have a team in place to respond to
this change in deadlines and still be in a position to complete the necessary
invoicing and payments required. BRAL's connections with other service
organisations such as ADP and Barclays Bank have also allowed the payroll to be
set up with the minimum of fuss and in the shortest time possible.

 Who do I contact to find out
more? If you need to discuss our services please contact in the first
instance: Jim Brown jim.brown@bral.com +44 (0)20 7544
8928 Profile
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