News

The Financial Reporting Council (FRC) has today published its latest list of companies whose reports and accounts have been reviewed. The companies reports and accounts have been reviewed by the FRC's Corporate Reporting Review function.

Highland Spring has blamed the impact of rising costs for the decrease in profits experienced by the firm in its most recent financial year. The company saw pre-tax profits dive to £520,000 for the year ended December 31st, a decrease from £3.3 million last time, as it struggled with the

Following the Ogden discount rate change, car insurance premiums have risen 0.7% in just three months, with prices now 2% higher than a year earlier, analysis from Consumer Intelligence shows.

Coastal communities are to benefit from £7.5 million of revenue generated from the Scottish Crown Estate’s marine assets in the first year of devolved management. The new arrangement, which has been agreed with COSLA, means that 26 local authorities will receive an allocation from the ne

A Swiss auction selling off 25 supercars from the son of Equatorial Guinea's president has accumulated €21.6 million.

The Scottish Government has substantially reduced the value of £140 million-worth of loans and guarantees to private companies, the Auditor General has revealed. The 2018/19 audit of the government's consolidated accounts were unqualified and show that the overall budget of £36,915m was

Aberdeen-based Infinity Partnership has won the Outstanding Advisory / Project of the Year award at the British Accountancy Awards. The achievement secures a fifth successive win of an award at the event for the partnership.

Murray Capital Group made a loss of £1.75 million before the tax year ended December 31st and has been hit with a £1.3m tax charge. The Herald reports that the tax charge is for a tax liability which the firm has previously challenged.

Perth-based insurance giant Aviva has appointed Jason Windsor as chief financial officer. Jason joined Aviva in 2010 as strategy and M&A director before he became chief strategy and development officer in 2013. He was responsible for group strategy, M&A, financial planning and analysis, and

Chartered accountants William Duncan & Co celebrated its 100th-anniversary last week.

A bill to support the set-up of the Scottish National Investment Bank passed its first stage yesterday following a debate in the Scottish Parliament. The Scottish Government said the bank’s primary mission will be to secure the transition to a net-zero economy as it works with businesses to id

The value of Scottish sea fishing has increased with 2018 landings amongst the highest on record.

The independent investigation into the approach to, implementation and oversight of the Connaught Income Fund is now up and running and is inviting affected individuals to get in touch. The Financial Conduct Authority (FCA) board committed to a review into the Connaught Fund in 2016,

The Financial Conduct Authority (FCA) has updated and published draft directions under its Temporary Transitional Power (TTP). The TTP gives the FCA flexibility in applying post-Brexit requirements, allowing firms to transition to a new UK regulatory framework.

The amount of money stolen by criminals through bank transfer scams has increased by 40% within a year.