Accountancy

Carmine Di Sibio, the global chairman and chief executive of Big Four accountancy firm EY, has announced plans to step down in June next year. His decision comes in the wake of a scrapped proposal to divide EY into separate audit and consulting businesses, a move informally known as Project Everest.

The chair of the Financial Reporting Council (FRC), Sir Jan du Plessis, has countered claims from senior partners at the Big Four accounting firms stating that they should increase junior auditors' pay to make the sector more appealing to young recruits.

Scottish construction accountancy firm, Empowered By Cloud, has achieved a record £1 million turnover, 45% up from the previous year's £692,000, according to financial reports for the year ended 30 April. This marked growth for the Glenrothes-based firm, established in 2018, comes alongs

Owner-managed business specialists Consilium Chartered Accountants has provided lead and tax advisory services to the shareholders of Lothian Building Supplies as JW Grant Group acquired the Scottish firm. Continuing a long-standing business relationship, Lothian retained John Blair and Craig Coyle

Accountants and advisers firm CT, formerly Chiene + Tait, has established a new consulting division named 'CT: Evolve'. The platform intends to extend a 'big four' style approach to SMEs, equipping them to navigate changing business landscapes effectively.

Azets has appointed 33 permanent audit seniors from across Africa under a new international recruitment scheme, in partnership with GAP Talent, with plans to hire 66 additional auditors this coming autumn. Scotland is projected to receive approximately 10% of the 99 newly-qualified accountants

Scottish financial professionals are liberated to add even greater value by the advance of digital technology, according to Helen Brand, chief executive of the Association of Chartered Certified Accountants (ACCA). In a recent address to the PrimeGlobal business leadership conference in Edinburgh, M

Scottish accountancy and advisory firm Condies has introduced a flexible working model, aiming to allow employees the freedom to strike a balanced work-life equilibrium and maintain their productivity. The model will allow the employees to work either remotely or from the office, depending on t

New research by The Association of Chartered Certified Accountants (ACCA) and BDO, the international network of public accounting, tax and advisory firms, has revealed how the role of the CFO is growing to include driving business decisions and reporting on the non-financial areas of their operatio

In a significant strategic overhaul, accountancy and advisory firm CT (formerly Chiene + Tait), has appointed a new executive committee and strategic leadership team, along with the upcoming launch of a new seven-figure digital transformation division. The newly appointed executive committ

Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm. R3, the insolvency and restructuri

April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which

New research by Scottish institutions ACCA (Association of Chartered Certified Accountants) and the University of Glasgow’s Adam Smith Business School highlights a shortfall in the disclosure of research and development (R&D) spending by over half (53%) of surveyed organisations. Despite f

The Financial Reporting Council (FRC) has announced the Audit Committees and the External Audit: Minimum Standard, which comes after careful consideration of the consultation responses received from stakeholders.The consultation on the draft proposal for the Minimum Standard was launched by the FRC

PwC’s Good Growth for Cities Index shows three major Scottish cities improving their performance in the rankings of UK cities against last year’s Index. Scottish cities included in the latest analysis are also performing above the UK average when it comes to the ratio of house prices to