Bdo

The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f

More than half of Scottish businesses say a combination of supply chain pressures and higher energy and fuel costs are among their biggest challenges as they grapple with the impact of conflict in the Middle East, according to new research from accountancy and advisory firm BDO LLP. The bi-monthly s

Iain Henderson has been named as BDO's next senior partner following a vote by the firm's equity partners. He will take office on 1 October 2026, succeeding Matthew White, who will have completed the maximum of two four-year terms in the role.

Private equity-backed businesses have a growing appetite for international expansion, despite the ongoing geopolitical uncertainty facing Scottish mid-market companies, according to BDO. The latest research from the accountancy firm shows more than three-fifths of PE-backed businesses (64%) are look

James Stephen and Ben Peterson of BDO have been appointed as joint administrators to Merchant City Distributors Limited, an East Kilbride-based kitchen appliance company that has ceased trading after 25 years in business. The collapse has resulted in the loss of all 18 jobs.

Scotland-headquartered private equity-backed businesses achieved average annual EBITDA growth of 34% over the latest three-year-period, underlining the positive impact that private equity is having on the Scottish economy, according to a new report. The second Private Equity Value Report from Real D

Mid-sized businesses in Scotland are setting their sights on growth in 2026, but are facing challenges around access to finance as cost pressures loom, according to the latest research from BDO. The firm’s bi-monthly Economic Engine survey of 500 mid-market businesses – companies with re

James Stephen and Simon Girling of accountancy firm BDO LLP have been appointed joint liquidators of La Garrigue, a French bistro that served Edinburgh diners for 25 years before closing last year. The restaurant, situated in Jeffrey Street in the Scottish capital, was founded by Jean Michel Gauffre

BDO UK and BDO Ireland have exchanged contracts following a successful partner vote for the proposed merger of the two organisations. Completion is expected in Spring 2026, subject to regulatory approval.

The Private Business Awards 2026, sponsored by BDO, have officially launched, with nominations now open to private or PE-backed businesses in Scotland with a turnover of over £10 million. The second year of the awards programme, which serves to celebrate the businesses that drive UK economic g

Over half (55%) of mid-sized businesses in Scotland are planning to increase apprenticeship hiring in 2026, according to BDO. BDO’s survey of 500 leaders of mid-sized businesses reveals that over a third (39%) in the country said they will start hiring apprentices, while 16% are increasing the

BDO Scotland’s deal advisory team has advised on 46 completed deals in 2025, with a combined enterprise value of £1.5 billion. Across the year, almost two thirds of the transactions (29) had private equity involvement, an increase of over 30% on the prior year, with a further 17 deals in

Scotland’s mid-market businesses are eyeing growth in 2026, turning to AI and productivity to support expansion plans. According to the latest research from BDO, productivity improvements and incorporating technologies like AI will play a vital role in helping mid-sized companies achieve their

BDO, the UK’s fifth-largest accounting firm, has reported a decline in profitability and partner payouts as it navigates a difficult market and prepares for a significant global restructuring. In the year ending July, operating profits fell by over 7% to £210 million. The average profit

Chancellor Rachel Reeves’s Autumn Budget has drawn a sharp intake of breath from Scotland’s financial and business community.