Accountancy

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Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm. R3, the insolvency and restructuri

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April witnessed a significant surge in insolvency-related activities in Scotland, the highest this year, new research by R3, the insolvency and restructuring trade body, has revealed. R3’s analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity, which

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The Financial Reporting Council (FRC) has announced the Audit Committees and the External Audit: Minimum Standard, which comes after careful consideration of the consultation responses received from stakeholders.The consultation on the draft proposal for the Minimum Standard was launched by the FRC

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Johnston Carmichael has strengthened its specialist tax team with the appointment of Amanda Collinson as international tax director. Ms Collinson joins Johnston Carmichael from a listed US group where she was EMEA tax manager. Having started her career at a Big 4 firm, where she worked in both Londo

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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

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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

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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

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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

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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.

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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

121-135 of 545 Articles
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