The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Deloitte of the consolidated financial statements of Joules Group plc. The investigation concerns the audit conducted byt he Big Four firm for the year ended 30 May 2021.
Accountancy
Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv
Recent statistics have revealed that out of over 460 businesses across Scotland that hold, or are within the process of applying for a patent, only 70 have utilised the relief, according to business advisory firm Haines Watts. The firm has launched a new specialist arm of their tax incentives and re
Wylie & Bisset, accountants and business advisers, has called for Scottish employers to consider adopting creative employment packages to attract and retain the best candidates in response to a widening gap in personal taxation levels between Scotland and the rest of the UK. Scots earning more t
Clive Bellingham CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2023/2024. Mr Bellingham, who is also a former member of the PwC Global Board, was confirmed as president at the ICAS AGM on Friday 28 April 2023. He takes over from Indy Sing
Accountancy firm Douglas Home & Co has achieved a significant increase in turnover from £200,000 in the 1990s to over £4 million, as the firm celebrates its 40th anniversary. The firm, which was established in 1983 with a small office in Kelso and on Berwick-upon-Tweed’s quaysi
SBP Accountants and Business Advisers (SBP), a north-east accountancy firm has made a round of nine promotions in April, including the appointment of two new directors to the senior management team. Stephen Glanas and Stuart Beaton, based at SBP Accountants and Business Advisers’ (SBP) Aberdee
Accountancy and business advisory firm BDO LLP has appointed Mick Campbell as its new partner in its Glasgow financial services team as the firm continues to invest in talent in Scotland. Mick Campbell joins the firm’s financial services team from Atos UK, a worldwide digital leader
Big Four accountancy firm PwC has revealed that it will invest $1 billion in artificial intelligence to automate sections of its audit, tax and consulting services in its US business over the next three years. PwC stated that the investment feautres an 'industry leading relationship' with Microsoft,
AAB, the tech-enabled business critical services group has acquired French Duncan, marking the firm's largest acquisition so far. French Duncan, a leading provider of professional services in Central Scotland for over one hundred years and employs more than 200 people across offices in Glasgow, Edin
Corporate insolvencies in Scotland have reached an eleven year high, with 1,132 insolvencies recorded in the year 2022-23.
Phil Anderson Financial Services has once again been named the Best Financial Adviser to work for at the Professional Adviser Awards in London. The prestigious award was collected by independent financial adviser Andrew Scouller, who accepted it on behalf of the entire firm.
Gilson Gray Financial Management (GGFM), the financial services arm of full-service legal firm Gilson Gray, has acquired RS Robertson Financial Planning – one of the largest financial advisory firms in Fife. RS Robertson Financial Planning was founded in the 1970s, with managing director Gordo
The Financial Reporting Council (FRC) has fined KPMG and its audit engagement partner Anthony Sykes £1.75 million and £75,000 respectively for failures in relation to its audit of the financial statements of TheWorks.co.uk plc. The Executive Counsel of the FRC has issued a Final Settleme
Accountancy and business advisory firm Henderson Loggie, which has offices in Edinburgh, Glasgow Aberdeen and Dundee, has appointed Diana Penny as head of audit. Ms Penny takes over the role from Gavin Black who has led significant growth in audit revenues in recent years. He joined Henderson Loggie