Accountancy

The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Mazars LLP of the financial statements of Studio Retail Group plc. The investigation concerns the period ended 26 March 2021, a month after the group was purchased by Mike Ashley's Frasers Grou

Tom MacLennan and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of Centre for the Moving Image, the Edinburgh-based charity that provides a central focus for the development and appreciation of Scotland’s film industry and film culture. Founded in 2010, Cen

Independent business advisory and accountancy firm Johnston Carmichael has welcomed a record intake of 93 students, including school leavers, summer interns and graduates who will train to become qualified accountants. This year’s intake is the largest since the firm was established almost 90

Big four accountancy firm PwC is returning to a larger selection of university campuses after a two-year break during the COVID-19 pandemic, in an effort to boost recruitment. The firm has expanded the number of university campuses it will visit from 75 or 80 to more than 100 locations as it extends

More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal

HMRC is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns. By law, all VAT-registered businesses must now sign up to Making Tax Digital (MTD) and use compatible software to keep their VAT re

Wylie & Bisset, Accountants and Business Advisers, had revealed that some mini-Budget measures for businesses have been obscured by Chancellor Kwasi Kwarteng’s plan and subsequent U-turn on the proposed removal of the 45p income tax rate, paid by those earning more than £150,000 a ye

PwC firms around the world achieved gross revenues of US$50.3 billion – up 13.4% in local currency and 11.4% in US dollars for the 12 months ending 30 June 2022. The results have revealed that revenue growth was strong throughout the year, following the rebound in the last quarter of FY21 as t

The tech-enabled critical business services group, AAB, has appointed two new partners based in its offices in Aberdeen and Leeds. Callum Gray, who joined AAB in 2007 as a graduate, has most recently held the position of corporate finance director, based in the Aberdeen office. He leads the speciali

Scottish accountancy firm William Duncan + Co has been acquired by Dains Accountants, an accountancy and business advisory firm based in the North Midlands, for an undisclosed sum. William Duncan + Co said that becoming part of the Dains Group has been a process of looking at what is important

Deloitte has opened applications for 35 charities and social enterprises to join the second cohort of Deloitte Digital Connect, a programme that helps charities scale their impact. Selected charities will take part in six months of digital training and receive advice and access to a peer network to

Ian Marshall, business advisory services director & head of tech strategy at AAB, discusses the benefits of investing in the right type of financial guidance. The Tech sector in Scotland has received a great deal of media coverage in the last six months, albeit at a macro level.

Last week's reduction of the limit for sequestration proceedings from £10,000 to £5,000, has prompted Wylie & Bisset, Accountants and Business Advisers, to forecast a flurry of activity for some creditors to recover monies who have had to wait or given forbearance through the pandemi

Deloitte has donated a total of 6,865 laptops to schools, charities and community groups across the UK since first committing to donating the firm’s used laptops in 2021. Over half (3,600) of the reconditioned laptops have been donated to pupils from 58 schools across the UK, including 25 of D

Chiene + Tait (C+T) has announced a new partnership with Converge to help support Scottish-based spinout and start-up businesses maximise their investment in research and development (R&D). Through the new alliance, C+T will provide specialist advice and guidance on R&D tax relief to the coh