Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than
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A prestigious survey of finance directors and chief finance officers working in the SME sector has rated Azets as the best accountancy firm in the UK market. The FD Excellence Survey, which is in its 20th year, undertakes a detailed analysis of FDs satisfaction levels with accountancy firms.
Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator. The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan
Mark Brown, audit, accounts & business assurance partner at Aberdeen chartered accountancy firm Meston Reid & Co, details why companies need to be focusing now on shaping a strategic approach as economic activity is begins to increase and business confidence is slowly recovering. Busine
Aberdeen Standard Capital (ASC), the discretionary investment management arm of Aberdeen Standard Investments (ASI), has launched its Sustainable Managed Portfolio Service (MPS). The service will cater for a wide range of investors looking to make an impact on society and the environment throug
The coronavirus pandemic is accelerating the shifting of the CFO role, according to a new report by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). The CEO of the Future report, with data from global surveys and virtual rou
Technology-driven professional services group Aberdeins is being launched in Scotland with more than £1 million of initial backing. Aberdeins will bring a host of tech developments and innovations to change delivery of legal and other professional services, to better support private clients, l
Seven Investment Management (7IM) has appointed Adrian Grace as chair of its board, replacing Ian Owen who steps down from the role after nearly five years. Mr Grace's career in financial services and technology companies spans nearly 40 years and he has vast industry experience, particularly in Sco
To mark the end of Scottish Food & Drink Fortnight, Susan Dunlop shares a few thoughts on the prospects for the industry in the coming months with uncertainty dominating. For many of Scotland’s food and drink suppliers, producers and retailers, the last six months have been arguably the mo
HM Revenue & Customs may have paid out up to £3.5 billion in furlough money on fraudulent or mistaken claims, it was revealed on Monday.
The Aberdeen New India Investment Trust, a fund managed by Aberdeen Standard Investments, has seen its Net Asset Value (NAV) drop by 22.7% for the year ended 31 March 2020. The decline in NAV is compared to the MSCI India Index which dropped by 27.3%, both in sterling total return te
A survey of more than a thousand businesses across the Highlands and Islands shows a marked decline in confidence in Scotland’s economic outlook.
Alison Woods, partner and employment law specialist at CMS, discusses the importance of diversity in the workplace as the world emerges from the coronavirus lockdown. As Scottish business faces one of the toughest-ever economic climates, employers may be questioning whether diversity and inclu
The Scottish Aquaculture Innovation Centre (SAIC) has launched a £50,000 open, ongoing rapid-response funding call to support Scotland’s growing aquaculture sector through the continuing impact of the coronavirus pandemic.
Brian McMurray, partner and head of tech at Anderson Anderson & Brown (AAB), details how deals within the tech sector will remain strong in 2020. 2020 has presented monumental challenges to global economies resulting in many people expecting a slowdown in deal volume. In reality, deal
