Accountancy

New research has revealed that artificial intelligence (AI) will be instrumental not only in enhancing the efficacy of accountants as strategic business partners to their clients, but also in sustaining small businesses, according to Intuit QuickBooks. The study found that almost nine in ten (86%) a

In a report launched today by accountancy and business advisory firm BDO LLP, figures show up to £1.3 billion has been deployed into circular economy investments in 12 months. According to the report, disclosed capital deployed has increased by 10% from £788 million in 2021 to £879

Glasgow-based Consilium Chartered Accountants has provided financial due diligence for ThinCats on Edinburgh-based property surveying consultancy Dot Surveying's transition to an employee ownership trust (EOT). The sale was facilitated by investment from ThinCats, a specialist provider of bespoke fu

Scottish accountancy firm Condies has opened a new office in Dundee's City Quay to accommodate increased demand and expand its regional services.

The majority of UK finance professionals have reported that hybrid working is increasing their productivity, while Scotland leads the world on hybrid working, according to ACCA's UK Talent Trends in Finance 2023 report. 

Accountancy body the Association for Chartered Certified Accountants (ACCA) has called for improved reporting on poor payment practices and an extension of the power of the Small Business Commissioner (SBC), as part of action to tackle the crippling effect of late payment on small businesses. In its

The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Deloitte of the consolidated financial statements of Joules Group plc. The investigation concerns the audit conducted byt he Big Four firm for the year ended 30 May 2021.

Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv

Recent statistics have revealed that out of over 460 businesses across Scotland that hold, or are within the process of applying for a patent, only 70 have utilised the relief, according to business advisory firm Haines Watts. The firm has launched a new specialist arm of their tax incentives and re

Wylie & Bisset, accountants and business advisers, has called for Scottish employers to consider adopting creative employment packages to attract and retain the best candidates in response to a widening gap in personal taxation levels between Scotland and the rest of the UK. Scots earning more t

Clive Bellingham CA has been appointed as the new president of the Institute of Chartered Accountants of Scotland (ICAS) for 2023/2024. Mr Bellingham, who is also a former member of the PwC Global Board, was confirmed as president at the ICAS AGM on Friday 28 April 2023. He takes over from Indy Sing

Accountancy firm Douglas Home & Co has achieved a significant increase in turnover from £200,000 in the 1990s to over £4 million, as the firm celebrates its 40th anniversary. The firm, which was established in 1983 with a small office in Kelso and on Berwick-upon-Tweed’s quaysi

SBP Accountants and Business Advisers (SBP), a north-east accountancy firm has made a round of nine promotions in April, including the appointment of two new directors to the senior management team. Stephen Glanas and Stuart Beaton, based at SBP Accountants and Business Advisers’ (SBP) Aberdee

Accountancy and business advisory firm BDO LLP has appointed Mick Campbell as its new partner in its Glasgow financial services team as the firm continues to invest in talent in Scotland. Mick Campbell joins the firm’s financial services team from Atos UK, a worldwide digital leader

Big Four accountancy firm PwC has revealed that it will invest $1 billion in artificial intelligence to automate sections of its audit, tax and consulting services in its US business over the next three years. PwC stated that the investment feautres an 'industry leading relationship' with Microsoft,