Accountancy

Glasgow 2026 Vice-Chair Ian Reid has opened up about the lean commercial strategy behind the Commonwealth Games that redefined sporting finance and major events. Mr Reid explained the team had just 18 months to get the competition ready, compared to the standard five to six years usually granted to

The Association of Chartered Certified Accountants (ACCA) has called on HMRC to explain why it needs more powers to deal with taxpayers and advisers who are fraudulent and dishonest. Responding to a consultation by the UK tax authority on introducing a criminal offence by making reckless untrue stat

FRP Advisory has called on businesses to address difficult decisions now, warning that slow decision-making is costing the UK economy £13.7bn annually. Michelle Elliot, a restructuring advisory partner at FRP, explained that many businesses are running on "limited financial headroom" due to hi

Henderson Loggie has been appointed as the administrator of DJ Mackay & Partners after it fell into administration following financial difficulties. Shona Campbell, head of business recovery  and insolvency at Henderson Loggie was appointed on August 14, confirming the process of transferri

Interpath have been appointed as the joint administrators for Strathmore Hotels after it fell into administration. Alistair McAlinden and James Dewar stated that the companies will continue to trade as they review options for the business moving forward and they confirmed that all 410 employees will

Scotland generated a record £98.3 billion in revenue during 2025-26: an annual increase of £6.3 billion (6.9%), according to the Scottish Government. The revenue per person in Scotland at £17,718 was similar to the UK average of £17,720 in the same year, when revenue from the

The ongoing war in Iran is pushing up borrowing costs for small and medium enterprises (SMEs) and could prove the final nail in the coffin for some businesses, a sector specialist has warned. Mark Barrie, Head of debt advisory at accountancy firm Azets, believes the war, which began in February, is

Businesses are being encouraged to start preparing now for significant changes to how company accounts are prepared and filed, as a series of reforms begin to take effect. Advisory firm Azets says upcoming Companies House changes, alongside new UK GAAP requirements for presenting financial statement

Scotland must capitalise on strong international investor sentiment and work to convert interest into new projects, according to industry leaders, after a new survey confirmed the country remains the UK's leading destination for foreign direct investment outside London. Sandy Begbie, chief executive

Deloitte is planning to reduce its UK audit workforce by nearly 200 positions, marking the latest round of job cuts among the UK's major accounting firms. The company has introduced voluntary redundancy packages for certain employees due to unusually low staff turnover within its audit division. Whe

EY has appointed ten new Partners in Scotland, demonstrating its continued commitment to the local market with significant further investments in talent and its office real estate. The new partner appointments follow a sustained period of investment in EY’s Scotland practice over the last year

JRW Hogg & Thorburn has appointed Kirsten Hancock as Associate in Galashiels, Audrey Rankine as Associate in Peebles and Naomi Swan as Associate in Hawick.   With 9 Partners and 7 Associates, the firm has 6 offices across the Scottish Borders and Edinburgh.

ACCA (the Association of Chartered Certified Accountants) has published its SMP Talent Management Toolkit, a two-part resource designed to help small and medium-sized accounting practices (SMPs) attract, develop and retain the talent they need to serve the millions of small businesses that rely on t

The Institute of Chartered Accountants of Scotland (ICAS) has announced the winners of its annual CA Rising Stars competition, recognising the brightest young talent from across the global accountancy profession. At a prestigious awards ceremony at London’s Oxo Tower, Jemima Jacobs CA –

Sumer Group has appointed Ellie Dignam as national head of accountancy and business advisory services (ABAS). Ms Dignam joins from BHP, part of Sumer Group, where she is partner and head of digital finance. Since joining BHP in 2012, she has helped build a modern accountancy and advisory service for