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Russell Bedford Audit Network Welcomes New Firm in South Africa

Watermark has joined Russell Bedford as the international accounting group’s member in Johannesburg, South Africa.

London, United Kingdom, May 18, 2011 --( The worldwide accounting and audit network Russell Bedford International has appointed the Watermark Group as its new member firm in Johannesburg, South Africa.

“We, the team at Watermark, would like to express our pleasure at becoming part of the Russell Bedford family,” said Tony Sutherland, chairman of the Watermark Group. “We regard it as an honour to be accepted into the network and to be recognised for our thirty years of service to the industry,” he added.

The Watermark Group, founded in 1981, is a full-service accounting practice offering professional services through three business units, Watermark Auditors Incorporated, Waterford Financial Management and Waterford Asset Managers.

Watermark Auditors Incorporated is a registered accounting and audit practice accredited by the South African Institute of Chartered Accountants (SAICA) and the Internal Regulatory Board of Auditors (IRBA). Watermark has also been awarded accreditation by SAICA as a Training Office.

Waterford Financial Management provides corporate clients with a broad range of accounting services including bookkeeping and payroll, business valuations, company secretarial services, tax planning and compliance, estate planning, due diligence investigations and assistance with stock exchange listings.

Waterford Asset Managers administers clients’ investment funds. The practice is fully accredited and registered with the Financial Services Board (FSB).

Over 40 employees are managed by a team of professionally qualified directors and managers.

Tony Sutherland, the chairman, is a Chartered Accountant, Registered Auditor and Accredited Tax Practitioner with over 30 years of professional experience. His specialist areas are tax and estate planning.

Nick Reed is the managing partner and heads the audit practice. He has 16 years professional experience, especially in the areas of audit and financial advice. He is a Chartered Accountant, Registered Auditor and Accredited Tax Practitioner.

Other members of the management team are Bradley Riemer, Ken Silverstein and Alex Short.

The Watermark Group services a diverse customer base of more than 1600 clients, including private companies and provident funds.

For further information, contact Nick Reed on +27 11 705 0000. Alternatively, visit the websites and

Note to Editors

Established in 1983, Russell Bedford International is a global network of independent firms of accountants, auditors, tax advisers and business consultants.

Ranked amongst the world's leading accounting and audit networks, Russell Bedford is represented by some 460 partners, 5000 staff and 200 offices in more than 80 countries in Europe, the Americas, the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international business advice and services to local and multinational clients. Most provide a full range of services comprising accounting, auditing, tax advice, general business guidance and financial consulting. In addition, many have special expertise in particular fields, such as international taxation or information technology.

In January 2008 Russell Bedford International was named one of the first 17 full members of the IFAC Forum of Firms after reporting it had implemented a globally coordinated quality assurance programme, committed to the use of International Standards on Auditing (ISAs), and met other specific ethics requirements.

Issued by:
Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337

Contact Information
Russell Bedford International
Mr. Kempton Bedell-Harper
+44 20 7410 0339

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