Accountancy

The Institute of Chartered Accountants of Scotland (ICAS) has announced the biggest shake up in how it trains accountancy students in its 170-year history, with the launch of a new syllabus and a new way of learning for students. The new syllabus will make sure that the Chartered Accountant (CA

International audit, tax, and advisory firm Mazars has reported double-digit revenue growth across its Scottish offices for the financial year ending August 2023, as the firm's teams in Edinburgh and Glasgow achieved a combined 13% revenue increase, up 4% from the previous year. Across the UK, Mazar

Johnston Carmichael has announced it is expanding its services to cater to the engineering and manufacturing industry. The sector contributes an estimated £645 billion annually to the UK economy, and the government recent Budget is allocating an additional £4.5 billion for strategic manu

Scottish accountancy firm EQ has revealed plans to triple its turnover within the next five years, following the sale of a major stake to private-equity backed organisation Sumer. EQ are the first accountancy practice in Scotland, and the ninth in the UK, to join Sumer in the last 12 months.

Aberdeenshire-based Acumen Accountants has expanded its reach with a key merger south of the border. As a result, the growing company has bolstered its management team with the appointment of Andrew Wilson as a new director.

Michael Reid, a licensed insolvency practitioner and managing partner of accountancy firm MHA, discusses the implications of liquidation. The ongoing impact of interest rates at a level higher than we have been used to for many years, coupled with sluggish demand due to the cost-of-living crisis, me

Consilium Chartered Accountants and the ICAS Foundation have announced a partnership aimed at fostering social mobility and inclusion within the accountancy profession. The collaboration seeks to create a "staircase of talent", providing financial support, mentorship, and training opportunities to y

Following HMRC’s announcement that it will not appeal against Loose Women presenter Kaye Adams’ court win over IR35 rules, Wylie & Bisset, Accountants and Business Advisers, has noted that the case illustrates the uncertainty surrounding agreeing an IR35 determination with HMRC. TV p

Aberdeen-based accountancy firm Hall Morrice has bolstered its leadership team with the appointment of Jack Borg-Delaney as a new audit director. Mr Borg-Delaney, with a wealth of experience in audit and compliance, previously held senior audit roles at Deloitte and Ernst and Young.

Accountancy group MHA has solidified its presence in Scotland with the merger of Geoghegans, a prominent Edinburgh-based accountancy firm. The move marks the second merger in Scotland for MHA, the first being with Aberdeen-based accountancy firm Meston Reid & Co in October 2023.

Ross Foley has been appointed as cyber practice leader at PwC in Scotland, succeeding Colin Slater following his recent retirement. Ross Foley, a director based in Glasgow, joined PwC Scotland’s Cyber Security Practice eight years ago and has played a key role in the expansion of the team - wh

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the revised UK Corporate Governance Code as a step in the right direction. Bruce Cartwright, chief executive at ICAS, said: “We support the FRC's approach to streamline changes to the new Corporate Governance Code. We belie

UK accounting firms MHA and MHA Moore and Smalley are to formally merge from April, creating a nationwide audit, tax and advisory practice with 1,600 partners and staff operating from 21 offices. This announcement caps a busy last 12 months for MHA, having opened offices in 2023 in Scotland and Wale

EQ Accountants have become the seventh and latest firm to join Sumer, a rapidly expanding business services platform delivering professional support to SMEs across the UK. EQ Accountants are a Scottish practice with over 140 staff and 16 partners, based in three offices in Tayside and Fife &nda

EY has extended the tenure of its UK chair, Hywel Ball, for a second time, allowing him to continue leading the Big Four firm beyond the mandatory retirement age of 60. Mr Ball, 61, who has been at the helm since 2020, received a further one-year extension, taking his leadership role until June 2025