Accountancy

Sumer, one of the UK’s largest accounting firms, has paused its potential £1 billion auction despite attracting significant market interest from private equity investors. Founded in 2022 by former KPMG chief operating officer Warren Mead, the firm has rapidly expanded through a consolida

Efforts to strengthen the pipeline of home‑grown accountancy talent in the Highlands are gathering momentum, as a new networking initiative from ICAS (the Institute of Chartered Accountants of Scotland) brings students together to build connections, share experience and support long-term careers i

Despite the rapid integration of artificial intelligence into the UK accountancy sector, demand for professionals remains remarkably high, according to the Institute of Chartered Accountants in England and Wales (ICAEW). The accountancy body's research says AI is reshaping the profession rather than

The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

Iain Henderson has been named as BDO's next senior partner following a vote by the firm's equity partners. He will take office on 1 October 2026, succeeding Matthew White, who will have completed the maximum of two four-year terms in the role.

Bk plus has appointed Calvin Bond as corporate finance partner, joining the firm's Glasgow office. Mr Bond will lead its Scottish deal advisory offering, advising SMEs, owner-managed businesses, private equity-backed businesses and private equity clients on acquisitions, business sales, growth fundi

Big Four audit firm PwC is being sued for $8 billion by the liquidators of the collapsed Chinese housing firm Evergrande. 

Charities and not-for-profit organisations in Scotland are being warned to ensure all their procedures and records are watertight in the light of enhanced compliance activity by HM Revenue & Customs (HMRC). HMRC has initiated a programme of Structured Risk Reviews (SRRs) across the charity and n

AMS Accountants Group has acquired Aberdeen-based accountancy and advisory firm Infinity Partnership, as it continues its expansion into the Scottish market. Infinity, which employs 35 people and serves over 1,500 clients, will form the foundation of AMS’s operations in Scotland. The firm&rsqu

Lanarkshire-based Accountants Plus has reached a major milestone with the establishment of a new headquarters building in Motherwell’s Airbles Road. The move follows a period of growth, with annual fee income increasing almost four‑fold in seven years from around £750,000 in 2019 to &p

Glasgow-based Wbg has expanded into Ireland with the opening of a new office in Dublin, targeting public sector audit work. Located at 105-108 Lower Baggot Street in Dublin city centre, the office is serviced by a dedicated senior team with Graham Gillespie, partner and head of internal audit, and P

Saffery has elevated Harry Kendall, who joined the firm as a London trainee in 2016, to partner. Mr Kendall has spent the last five years based in Edinburgh, where he specialises in audit services for a diverse portfolio including corporate entities, landed estates, and the not-for-profits sectors.

The Institute of Chartered Accountants of Scotland (ICAS) has appointed David Cruickshank CA as its new president, with social mobility in the accountancy profession and the amplification of ICAS’s voice in business placed firmly at the heart of his presidential agenda. Mr Cruickshank was form

Armstrong Watson has opened a new office in Edinburgh as part of its continued investment in Scotland. The new Edinburgh office, in Spaces, Lochrin Square, builds on Armstrong Watson’s continued growth in Scotland and follows the acquisitions of Martin Aitken and Parkhill Mackie in Glasgow. Th

ACCA has published pass rates for the March 2026 examination sitting, with 92,224 students entering and 103,785 exams completed across the session. A total of 3,334 candidates passed their final exams, earning affiliate status.