Accountancy

According to a Freedom of Information request by Pinsent Masons, the UK is closely monitoring hundreds of companies that could be using offshore tax havens to reduce their tax bills, under a new system that requires authorities from the British Virgin Islands to the Caymans to share information.

AAB, the tech-enabled business-critical services group, has announced the launch of its new branding, as it continues to implement bold growth plans. Driven by a desire to provide clarity and consistency as the group continues to grow and innovate, the rebrand will also position AAB for future growt

KPMG is to cut the number of companies it audits to focus on improving its standards after a series of scandals, including the collapse of government contractor Carillion. The Big Four firm's decision to reduce its client numbers comes as more than 70 stock market companies put their audit contracts

The median FTSE 100 CEO package for 2021 returned to pre-pandemic levels at £3.62 million, according to a preview of Deloitte’s 2022 AGM season report. The research found that while total pay rebounded following 2020, it has stayed below the peak level seen in recent years - a high of &p

EY is considering a global restructuring that could see it spin off the audit division from its advisory business. Yesterday, EY confirmed that it was in the “early stages” of separating its audit business from its consultancy arm.

A third of middle-market businesses (33%) have admitted their board does not understand the cyber threat landscape enough to accurately assess their level of risk, according to a new survey carried out by audit, tax and consulting firm RSM UK.  ‘The Real Economy’ report also highlig

New research from Grant Thornton UK’s latest Business Outlook Tracker finds that, since the lifting of legal COVID-19 restrictions in February, just over half (51%) of the 604 mid-sized businesses surveyed have adopted a hybrid working approach. This is quite a significant dip compared to resp

A new charity partnership initiated by accountancy firm Azets is spearheading efforts to reduce maritime plastic pollution with the first-ever European plastic pick-up to mark UN World Oceans Day. The Azets Plastic Pick-Up Day has been created in partnership between corporate charity Azets 4 Kids an

Sandy Manson, chair of Johnston Carmichael and former CEO, is stepping down from the role at the end of this month after 31 years with the business. Mr Manson, a highly regarded member of the wider Scottish business community, was CEO for 12 years, seeing the firm grow from 350 people and revenues o

Grant Thornton UK's Scottish corporate finance team has been ranked number one in the Experian Q1 League table rankings for Scotland, following an excellent start to the year.

Paul Reeves, managing director at restructuring advisory Kroll, discusses the intricacies of pre-pack administrations. Ever since the administration process became the key business rescue process over two decades ago, the pre-pack administration has suffered a tarnished reputation. Legislation has i

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Anthony Sykes, an audit engagement partner, in relation to the statutory audit of the consolidated financial statements of Rolls-Royce Group plc for the financial year ended 31 December 2010. The fi

Audit, tax and consulting firm RSM UK has moved into a new office in the heart of Edinburgh’s business district to deliver a sustainable, hybrid working environment to support RSM’s future growth. The firm has taken the third floor of 2 Semple Street, relocating around 100 people into fl

The cost of living has become the leading concern among Gen Zs and millennials in the UK, according to Deloitte’s latest Gen Z and Millennial Survey. A total of 31% of Gen Zs and 38% of millennials cited this as their greatest concern, overtaking climate change from the top spot in last year&r

Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced the appointment of Doug Michael as partner and United States (US) tax practice Lead, based in the business’ London office. Mr Michael joins AAB to launch a brand-new US tax service as part of