Aberdeen-based restructuring and insolvency expert Richard Bathgate has been appointed as the chair of insolvency and restructuring trade body R3 in Scotland. Mr Bathgate, who is Restructuring Partner at Johnston Carmichael, Scotland’s largest independent firm of accountants and business advis
Accountancy
EQ Accountants has appointed Greg Stapley as its new senior audit manager in its Glenrothes office. Greg Stapley joined EQ on Monday 3 January, having previously worked at AAB in Edinburgh as an audit senior manager. Originally from Kent where he qualified with ICAEW in 2004, he is now based in Dunf
RSM UK in Scotland has advised on over 30 deals this year, with a combined value of over £400 million. This equates to a 75% uplift in value when compared to last year and an increase of 228% when compared with pre-pandemic levels.
Kevin Ellis, the UK chair and senior partner at Big Four firm PwC UK, has said that criticism of the accountancy sector from MPs and regulators is hindering the sector's ability to recruit new staff. In an interview with the Financial Times in late December, Mr Ellis highlighted that retaining quali
RSM UK, the UK's seventh-largest accountancy firm, paid out extra bonuses to its staff last year as it benefitted from a rise in revenue and profits after nabbing audit customers from its Big Four rivals. Bosses at RSM were concerned at the beginning of the COVID-19 pandemic but revealed that by the
The UK's insolvency sector is set to be governed by an independent regulator with new powers to seek compensation for victims of malpractice under government proposals to be announced today. UK Ministers are planning to impose tougher regulations for insolvency firms and practitioners after allegati
Big Four accountancy firm KPMG has pulled out of bidding for public contracts after the Cabinet Office threatened to ban the firm following a slew of scandals. Earlier this month, Scottish Financial News reported that the department wrote to KPMG warning that the action would be taken if the firm co
Earlier this year, Aberdeenshire-based Phil Anderson Financial Services nominated Aberdeen charity Cyrenians for the annual Skipton Building Society Community Giving Award, securing them a £1000 donation.
KPMG UK has promoted three colleagues in Scotland to Partner. Oliver Dockray, Martin Stephens, and Philippa Sanderson all became partners of the professional services firm on 1 December 2021. Oliver Dockray becomes partner and head of tax technology and innovation following 13 years with the firm. B
The hearing of the formal complaint of the Executive Counsel to the Financial Reporting Council (FRC) under the Accountancy Scheme against KPMG, a former KPMG partner, and certain current and former KPMG employees will begin on 10 January 2022. The Formal Complaint alleges Misconduct against KP
Aberdeen-based accountancy firm Hall Morrice has made a senior appointment to the newly created role of tax director. Chris Colville, originally from Turriff and a graduate of the University of Edinburgh, has most recently been a business tax associate director at a big four firm. Prior to this, he
The introduction of further restrictions in response to the Omicron Covid-19 variant could derail the fragile economic recovery and have a devastating impact on Scotland’s crucial SME sector, according to Blair Milne, head of restructuring insolvency at Azets in Scotland. Blair Milne has
The corporate finance team of chartered accountants and business advisers Johnston Carmichael has recently supported Springfield Properties plc with its acquisition of Tulloch Homes. Gordon McCarlie, corporate finance director at Johnston Carmichael