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AAB has announced the appointment of Jonathan Grainger as the firm's chief operating officer. He will lead AAB’s technology, operations and integration teams, driving the next phase of operational excellence and enabling the firm to embed end-to-end automation capability throughout its busines

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Accountants and business advisors CT has promoted two of its colleagues to director level. Phil Pagan, from the firm’s Corporate Tax team, and Claire Proctor, CT’s Head of Payroll, will move into their new senior roles from April.

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Pinsent Masons has announced this year’s partner promotions, with 23 lawyers set to join the firm’s global partnership. Glasgow-based Natalie Colaluca and Stuart Newlands and Edinburgh lawyer Kirstyn Gleeson are included in the 23-strong promoted group, while five Scotland-based lawyers

Accountancy

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The accountancy regulator has issued what it describes as the world's first guidance on the use of artificial intelligence in auditing, making clear that firms cannot hold the technology responsible when things go wrong. Mark Babington, executive director of regulatory standards at the Financial Rep

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EY has set aside nearly £200 million to cover regulatory fines and legal claims in the UK, the highest level ever disclosed by the firm, as it confronts a growing number of challenges to the quality of its audit work. According to its annual report filed at Companies House, EY increased its pr

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More than two-thirds (72%) of accounting professionals fear that generative artificial intelligence (Gen AI) could produce errors or reach incorrect decisions, according to a year-long research study commissioned by the Institute of Chartered Accountants of Scotland (ICAS). The findings come from a

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Newly inaugurated media company Hero Media & Entertainment Ltd has acquired Scottish Financial News as part of its purchase of Dundee Press Agency Ltd, E News Now Ltd, and Daily Business Ltd as a first step in its “buy, build and launch” media strategy. Dundee Press Agency Ltd and E

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Business confidence in Scotland rose 10 points during March to 51%, according to the latest Business Barometer from the Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up 22 points at 63%. When taken alongside their optimism in the econ