Accountancy

The number of overdue invoices on the books of Scottish businesses dropped to the lowest level in 2025 so far in April, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows Scottish businesses had a total

Audit, tax and consulting firm RSM UK has made several key hires in its Aberdeen office to support the firm’s regional and national growth ambitions. The latest hires include Robbie Simpson as audit director, Ciaran Fines as assistant tax manager, and Naeema Joji as assistant audit manager. Th

The chief executive of the Financial Reporting Council (FRC), the UK's accountancy regulator, has promised to speed up investigations into audit failures.  Richard Moriarty told the Sunday Times that the FRC needed to take disciplinary action against auditors more swiftly. He emphasised the imp

With creditor petitions for sequestration on the rise, Wbg, one of Scotland’s independent specialist full-service accountancy firms, is reminding debtors and their legal representatives of the strategic importance of the Form 33 Moratorium and the Debt Arrangement Scheme (DAS) as a preventativ

Scottish accountancy firm EQ Accountants, part of the Sumer Group, has merged with Edinburgh-based McDonald Gordon & Co, marking EQ's third acquisition in the past year and is a key step in its strategy to triple turnover from £11 million to £30m within four years. The merger signifi

The accountancy profession has an increasingly critical role to play in setting the standard for ethical behaviour in business, according to a new ethical leadership insights series from the Institute of Chartered Accountants of Scotland (ICAS). ICAS conducted in-depth interviews with a selection of

Former senior executives from EY and PwC are launching a new UK advisory firm, Unity Advisory, backed by up to $300 million (c. £225m) from private equity group Warburg Pincus.

Marking a period of significant growth, Aberdeen-based accountancy firm Hall Morrice celebrates a record £6 million turnover and the promotion of Louise Smith and Jack Borg-Delaney to partner. This marks substantial revenue growth of 65% for the independent business over the last three years.

Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil

Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)

Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,

Azets has reinforced its dedication to sustainability, placing environmental, social, and governance (ESG) principles at the core of its long-term strategy, even as other firms scale back similar initiatives. Chris Horne, group CEO at Azets, said: "This is no time to slow down. sustainability is not

A quiet revolution is taking place across the accounting profession as record numbers of qualified technical accountants are rejecting traditional employment in favour of establishing their own practices.  AAT's (The Association of Accounting Technicians) licensed accountant population –

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate growth and facilitate plans to double its local workforce. The firm has moved into a new 5,500 sq ft regional hub at the DundeeOne business centre. This is the second time the firm has moved as headcount h

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken. The move, effective 7 April, integrates Martin Aitken's entire 110-strong team, including its directors who join as partners, into Armstrong Watson. This increases Arms