Accountancy

Benson Accountants has continued its expansion in Scotland, driven by sustained growth in its Scottish client base and the strengthening of its Perth office team. Founded in 2014 by Paul Benson, the Cumbria-based accountancy and business advisory firm has grown to a team of more than 40, supporting

ACCA has urged the Financial Reporting Council (FRC) to adopt the International Standard on Auditing for Less Complex Entities (ISA for LCE), while pressing for a formal consultation before any move is made.

Wbg expects a 30% rise in fee income from its tax offering, driven by geographical expansion and the launch of a specialist VAT advisory service. The firm's tax service line has grown consistently by 10 to 15% per annum in recent years, prompting an expansion of its team from one partner to three. H

Deloitte UK has promoted over 6,000 of its people, including 48 new partners, following a very strong financial performance. The promotions, up from approximately 5,600 in 2025, come alongside a series of measures designed to reward skills and experience. Average in-grade salaries will rise by 4.2%,

The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f

Scottish finance professionals have revealed that purpose, not pay, is a defining factor in how they make career decisions, choose employers and measure their own success. The insight comes from ACCA's annual talent survey of more than 11,000 finance professionals across 160 countries and Scottish a

Sumer, one of the UK’s largest accounting firms, has paused its potential £1 billion auction despite attracting significant market interest from private equity investors. Founded in 2022 by former KPMG chief operating officer Warren Mead, the firm has rapidly expanded through a consolida

Efforts to strengthen the pipeline of home‑grown accountancy talent in the Highlands are gathering momentum, as a new networking initiative from ICAS (the Institute of Chartered Accountants of Scotland) brings students together to build connections, share experience and support long-term careers i

Despite the rapid integration of artificial intelligence into the UK accountancy sector, demand for professionals remains remarkably high, according to the Institute of Chartered Accountants in England and Wales (ICAEW). The accountancy body's research says AI is reshaping the profession rather than

The Financial Reporting Council (FRC) has finalised its 2025/26 annual review of FRS 101, concluding that no major structural changes are required for the reduced disclosure framework.

Iain Henderson has been named as BDO's next senior partner following a vote by the firm's equity partners. He will take office on 1 October 2026, succeeding Matthew White, who will have completed the maximum of two four-year terms in the role.

Bk plus has appointed Calvin Bond as corporate finance partner, joining the firm's Glasgow office. Mr Bond will lead its Scottish deal advisory offering, advising SMEs, owner-managed businesses, private equity-backed businesses and private equity clients on acquisitions, business sales, growth fundi

Big Four audit firm PwC is being sued for $8 billion by the liquidators of the collapsed Chinese housing firm Evergrande. 

Charities and not-for-profit organisations in Scotland are being warned to ensure all their procedures and records are watertight in the light of enhanced compliance activity by HM Revenue & Customs (HMRC). HMRC has initiated a programme of Structured Risk Reviews (SRRs) across the charity and n

AMS Accountants Group has acquired Aberdeen-based accountancy and advisory firm Infinity Partnership, as it continues its expansion into the Scottish market. Infinity, which employs 35 people and serves over 1,500 clients, will form the foundation of AMS’s operations in Scotland. The firm&rsqu