Accountancy

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

Accountancy professional body, the Association of Chartered Certified Accountants (ACCA), has observed a cautious return of confidence to the economy after months of economic turmoil.

Opulus has broadened its reach by acquiring George + Co, a firm of Chartered Tax Advisers and Accountants located in Edinburgh's West End. The acquisition is part of Opulus's strategic plan to extend its geographic footprint throughout Scotland, and it marks the company's entry into the east of Scot

Scottish consumers are prioritising everyday essentials, like food shopping and spending on children and pets ahead of beauty, home improvements and nights out when it comes to managing finances.

The median FTSE 100 CEO package increased by 12% last year, from £3.72 million in 2021 to £4.15m in 2022 – based on Deloitte's analysis of data from the first 55 companies to publish their 2022 annual reports.

EY has abandoned its current plans to split its audit and consulting businesses, codenamed Project Everest, following months of internal conflict and opposition from US executives.

Chartered Accountant Richard Patterson has this month celebrated a full year back with his old firm, Robb Ferguson. Returning as a director in the firm where he was a partner for five years between 2002 and 2007, Mr Patterson, 55, has assisted the partners in achieving a range of business wins for t

EQ Accountants has supported Surface Heating Systems Ltd (SHS) with a vendor-initiated management buyout (VIMBO), allowing the owners to release some value from their business and put a robust succession plan in place. Founded in 1997 by directors Mick & Helen Cummings and Andrea Blyth, SHS

Johnston Carmichael, the firm auditing the SNP's finances, has resigned after working with the party for over a decade.

Dunedin Advisory has to been announced as the first place winners on the Business Gateway Specialist Advisory Services framework (previously known as Expert Help).

New research from KPMG, as part of its Consumer Pulse survey, shows that nine out of 10 bill payers in Scotland made changes to reduce energy use between October 2022 and February 2023.