Accountancy

Former senior executives from EY and PwC are launching a new UK advisory firm, Unity Advisory, backed by up to $300 million (c. £225m) from private equity group Warburg Pincus.

Marking a period of significant growth, Aberdeen-based accountancy firm Hall Morrice celebrates a record £6 million turnover and the promotion of Louise Smith and Jack Borg-Delaney to partner. This marks substantial revenue growth of 65% for the independent business over the last three years.

Accountancy firm MHA has gone public and commenced trading on London's AIM market this morning at a valuation of £271 million, marking the largest AIM IPO in the business support services sector over the past five years. The UK arm of Baker Tilly International successfully raised £98 mil

Artificial intelligence (AI) offers a significant opportunity for Chartered Accountants to deliver greater value and develop fulfilling careers, but realising its potential requires dedicated upskilling and proactive leadership, according to a landmark report by Chartered Accountants Worldwide (CAW)

Forvis Mazars has reported its fifteenth consecutive year of growth in the UK, recording revenue of £362.4 million – an increase of 8.3% – for the year ending 31 August 2024. This growth continued unabated following the firm's global network formation on 1 June 2024. Across the UK,

Azets has reinforced its dedication to sustainability, placing environmental, social, and governance (ESG) principles at the core of its long-term strategy, even as other firms scale back similar initiatives. Chris Horne, group CEO at Azets, said: "This is no time to slow down. sustainability is not

A quiet revolution is taking place across the accounting profession as record numbers of qualified technical accountants are rejecting traditional employment in favour of establishing their own practices.  AAT's (The Association of Accounting Technicians) licensed accountant population –

Johnston Carmichael has relocated its Dundee operations to a larger office to accommodate growth and facilitate plans to double its local workforce. The firm has moved into a new 5,500 sq ft regional hub at the DundeeOne business centre. This is the second time the firm has moved as headcount h

Accountancy firm Armstrong Watson has significantly expanded its Glasgow operations through a merger with local firm Martin Aitken. The move, effective 7 April, integrates Martin Aitken's entire 110-strong team, including its directors who join as partners, into Armstrong Watson. This increases Arms

Accountancy firm BK Plus has significantly expanded its Scottish operations by acquiring four established practices – Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace (Glasgow), and Bird Simpson (Dundee). This move marks a major step in the firm’s strategy,

Cooper Parry (CP) has signalled its expansion into Scotland with the appointment of Neil Norman as tax partner and regional head. The UK accountancy firm, which the largest B Corp in its sector, has completed 12 acquisitions across the professional services spectrum in the last 22 months.

Talks aimed at allowing accountants qualified in the US and UK to practise more freely in each other's countries have stalled due to significant disagreements, primarily concerning the assessment of American audit training standards. The objective of these transatlantic negotiations was to facilitat

Prominent industry leaders will explore the future of sustainable business at the third annual ICAS Sustainability Summit in London on 23 April 2025. The event, hosted by renowned environmental journalist and former BBC analyst Roger Harrabin, takes place at a pivotal time for the UK’s journey

CT has announced two significant appointments within its award-winning tax team. Kerry Annand has been promoted to head of VAT. Having joined CT as a trainee 12 years ago, Ms Annand possesses extensive specialist knowledge across the full VAT spectrum.

The CEO of the Institute of Chartered Accountants of Scotland (ICAS), Bruce Cartwright CA, has written an open letter in response to former Chancellor Jeremy Hunt's suggestions that graduates should avoid accountancy as AI usage increases. Speaking on the Jimmy's Jobs of the Future podcast, Mr