Not one of Scotland’s 48 listed companies features a black executive on its senior management team, according to new research conducted by The Ferret.
Published 7 August 2020
EY in Scotland has welcomed Moray Barber to the firm as a tax partner based in Aberdeen who will primarily serve the energy sector. His appointment follows that of Duncan Reoch as associate partner who joined in March.
Published 4 August 2020
The number of profit warnings issued by listed businesses headquartered in Scotland in the first half of 2020 (H1 2020) increased by 45% year-on-year, with 94% citing the impact of the coronavirus pandemic, according to EY’s latest Profit Warnings report.
Published 20 July 2020
Future work for accountancy and finance professionals is set to be transformed for the better through an increase in the adoption of digital technologies, according to a new report from The Association of Chartered Certified Accountants (ACCA) and EY.
Published 14 July 2020
Scotland's finance minister Kate Forbes is being urged to match England's stamp duty tax cut for house buyers.
Published 9 July 2020
In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry.
Published 9 July 2020
The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024.
Published 6 July 2020
Scottish accountancy veteran Aidan O’Carroll is stepping down from his role as senior partner at EY after 35-years at the firm.
Published 3 July 2020
The Financial Times has reported that EY partners have been briefed on the upcoming legal action filed against them concerning its audit of German payments company Wirecard.
Published 29 June 2020
Scotland increased its share of financial services foreign direct investment (FDI) in 2019 and secured Europe’s largest international investment project in terms of job creation, while project numbers across Europe fell, according to the latest EY UK Attractiveness Report for Financial Services 2020.
Published 22 June 2020
Scotland has established a comparatively strong position within the UK in terms of attracting Foreign Direct Investment (FDI) having recorded an increase in both the number and share of UK projects in 2019, according to the EY Scotland Attractiveness Survey 2020.
Published 28 May 2020
The number of profit warnings by listed companies in Scotland has reached a record level in the first quarter of this year, according to the latest Profit Warning report from EY.
Published 4 May 2020
Big Four accountancy firm EY has been ordered to pay $10.8 million in damages to Amjad Rihan, an auditor turned whistleblower who claimed that the firm covered up evidence of money laundering.
Published 20 April 2020
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.
Published 16 April 2020
The combination of a reduction in oil prices and the coronavirus crisis has created the most turbulent market conditions since the financial crisis in 2008, severely impacting Initial Public Offering (IPO) activity, according to EY’s latest IPO tracker, EY IPO Eye.
Published 7 April 2020