BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday
High street fashion retailers Oasis and Warehouse have fallen into administration with Big Four audit firm Deloitte appointed as administrator. Some of the 1,800 staff employed across the Oasis and Warehouse shops, concessions and head office will be placed on furlough under the UK Government's job
British high street retailers Oasis and Warehouse are expected to appoint Deloitte as administrator this week. The move would put 2,300 jobs at risk for the staff who work at the 90 stores operated by the two firms across the UK.
The administrator's bill for the insolvency of Ferguson Marine Engineering has reached £1.2 million.
Former Deloitte and Arthur Andersen partner Garry North has been appointed as a chief operating officer of Aberdeenshire energy services company STATS Group. Mr North has over four decades of experience in the engineering and oil and gas industries and has held senior management roles in Europe, Nor
The Big Four accounting firms are engaging in talks with the audit regulator regarding a self-imposed break-up in an attempt to get ahead of government enforcement action. The Financial Reporting Council (FRC) is currently drawing up guidelines for the separation of audit and consulting operations a
Deloitte has appointed Hayley Barker and Alister Taylor to lead its global employer services team in Scotland. Hayley Barker, based in Deloitte’s Aberdeen office, has been promoted to director following 11 years with the company. Meanwhile, Alister Taylor, based in Deloitte’s Glasgow off
Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history.
Challenger accountant BDO has rivalled The Big Four accountancy companies as it has taken on nine FTSE 250 audit clients this year. BDO's expanded client base comes as 'The Big Four' (Deloitte, PwC, EY and KPMG) increase their fees and cast off risky customers.
The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four, according to new research from the Financial Reporting Council (FRC). Published today, the latest edition of Key Facts and Trends in the Accountancy Profession
Deloitte UK and Switzerland have announced its 12.9% revenue growth in Scotland as part of an increase in overall revenue by 10.9% to £3.97 billion. The company has revealed it has increased its revenue by 10.9% in the year ended 31 May 2019, from £3.58 bn in 2018 to £3.97bn, as th
Enhanced 4G and 5G capability across Scotland will boost the Scottish economy by as much as £17 billion while delivering other substantial economic, social and environmental benefits, according to a new report by Deloitte for the Scottish Futures Trust (SFT).
Deloitte: Less than half of executives believe they have the skills and abilities to lead in the digital economy
Less than half (45 per cent) of executives are confident in their own digital skills and ability to lead their organisation in the digital economy, while just 16 per cent believe their talent pool has enough knowledge and expertise to deliver their digital strategy, a survey conducted by Deloitte h
John Macintosh and Graeme Roy Deloitte and the University of Strathclyde’s Fraser of Allander Institute have agreed a partnership to provide businesses with enhanced insights into the Scottish economy.
Howard Bernstein Sir Howard Bernstein, former chief executive of Manchester City Council turned strategic advisor at business advisory firm Deloitte, has outlined four key ‘pillars for change’ that Aberdeen must embrace in order to achieve its regional renaissance ambitions.