Law firm Ledingham Chalmers has increased its turnover and profit for the last financial year. Turnover for year ending March 2019 was just over £11.6 million, compared with around £10.6m the year before; and profits were up from £3.2m to £3.47m.
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Housebuilder and developer Mactaggart & Mickel has promoted group financial director Paul McAninch to the new role of chair of the company’s Investments arm, with responsibility for around £80 million of assets. To date the Investment Fund has provided growth capital for more than 50
More focus is needed on strengthening accounting, financial management and governance, over and above just focusing on technology in order to develop the smart city, according to a new report by the Association of Chartered Certified Accountants. ACCA’s report, Smarter Cities, Simpler Cities – a
Geoff Jacobs Businesses across the north of Scotland should continue to focus on their contingency plans amid the financial uncertainty that has flowed from the prolonged oil and gas downturn, according to professional services firm KPMG.
The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn. The probe follows the company's fall into administration in December after lenders raised concerns about potentially suspicious transactions.
The Financial Reporting Council (FRC) has today announced the four largest audit firms (Deloitte, EY, KPMG, PwC), have concluded the transition period of operational separation. Throughout the three-year transitional period, all four firms have made significant improvements to their governance to pr
Nucleus Financial has offered to acquire Curtis Banks Group for a sum of £242 million. The transaction will bring together the Nucleus Group, a firm with offices in Edinburgh, Glasgow and Salisbury, and the Curtis Banks Group to create a leading retirement-focused adviser platform with approxi
The Financial Conduct Authority (FCA) has set out an ambitious vision for potential reform to the way companies list in the UK that aims to attract more high quality, growth companies and give investors greater opportunities. In a new paper, the FCA is continuing its discussion on how it can make th
Brewin Dolphin has expanded its Glasgow team with 14 appointments and promotions across its financial planning and investment divisions this year. Craig Thomas joins the wealth manager’s financial planning team as a paraplanner, after holding positions at IBC Wealth and Scottish Widows.
The Financial Reporting Council (FRC) has issued revised quality management standards for an audit firm’s responsibilities to design, implement and operate a system of quality management. The standards are as follows:
The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are seeking views on regulatory plans to improve diversity and inclusion in financial services. In a discussion paper, the regulators have set out policy options including, among others, the use of targe
Scottish small and medium-sized enterprises (SMEs) are due to face substantial financial difficulties in the current coronavirus crisis, as they struggle to secure bank loans.
Altus Strategies, an Africa-focused project and royalty generator in the mining sector, has announced the appointment of Martin Keylock as chief financial officer and company secretary. Mr Keylock, a chartered accountant and graduate of the University of Glasgow and Aston University, joined the comp
MPs investigating the collapse of Carillion have accused the company’s Board of being “focused on their own pay packets” at the expense of its perilous financial situation as it emerged that the firm had set out “highly restricted circumstances” in which bonuses could be clawed back from
The Financial Reporting Council (FRC) has launched an investigation into PwC's audit of WHSmith, after the accountancy firm signed off accounts later found to have overstated the retailer's revenues and profits. The probe relates to the FTSE 250 retailer's accounts for the financial year ending 2024
