Accountancy

New research has highlighted a growing skills gap in the UK and how it is affecting the accounting profession. The research by Go1, shows that over a quarter (28%) of accountants feel they haven’t been properly trained to do their job and that more a third (35%) of accountants agree that

The Financial Reporting Council (FRC) has released the 20th edition of its annual Key Facts and Trends (KFAT) report. This year's KFAT shows that membership of the accountancy bodies continues to grow, with nearly 390,000 members in the UK and Republic of Ireland and over 590,000 members worldw

Ahead of this year’s Scottish exam results day, accountancy professional body ACCA Scotland is urging young people to remember there’s no wrong way to start a career in finance and accountancy. The professional body has highlighted the range of starting points to become a qualified accou

KPMG has resumed bidding for large government contracts after having taken itself out of the running amid a series of accountancy scandals. In December last year, Scottish Financial News reported that the Big Four firm pulled out of bidding for public contracts after the Cabinet Office threatened to

Accountancy firm Infinity Partnership has announced a new venture with up with Great Annual Savings Group (GAS) to help clients reduce operational costs. In a challenging economic climate, GAS has proven to be a valued partner to help companies to reduce costs on utilities such as water, gas and ele

With the prospect of another recession looming in the face of the worsening cost of living crisis, Begbies Traynor’s latest data has revealed that Scottish businesses are already suffering with the country seeing a starker increase in advanced distress than the rest of the UK in the second qua

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed joint liquidators of Broomhall Castle Management Ltd. Mr Pattullo and Mr Craig were appointed on 2 August.

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint liquidators of homecare business Assist Homecare Scotland Ltd. Mr Patullo and Mr Craig were appointed on July 29.

Michelle Elliot and Stuart Robb from FRP Advisory have been appointed joint liquidators of Perth-based car sales firm Jackson Mathieson Car Sales Limited. The company, which is based at Inveralmond Industrial Estate, closed suddenly earlier this summer.

Customs consultancy firm Charlton House has been acquired by tech-enabled, business-critical services group AAB. Charlton House provides customs duty advice and compliance services to a wide range of businesses on all aspects of the customs’ supply chain and has a particular emphasis on custom

Construction firm McGill, who recently won contracts with Dundee City Council and the Scottish Police Authority, and several housing associations, is preparing to enter administration for the second time in less than four years, according to a report by The Courier. 

The Financial Conduct Authority (FCA) has fined three former executive directors of Carillion as part of its public censure on the firm.

In the first quarter of this year, corporate insolvency numbers (liquidations and receiverships) in Scotland rose by 49.1%, compared with the same period in 2021. According to new figures published by the Accountant in Bankruptcy (AiB) - Scotland's Insolvency Service - the number of corporate insolv

Grant Thornton UK’s Corporate Finance team in Scotland has advised international buyers on two acquisitions of leisure-related businesses, amid strong interest in the sector as it recovers from the pandemic.

Accountancy firm RSM UK has said that the UK Government's lack of clarity on employment status will lead to continuing confusion over tax and workers rights. Yesterday, the government published its paper, Employment status and employment rights guidance, which contains guidance on employment status