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
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Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response. Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne
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.
Partners at EY are due to take a pay cut, despite the business making record revenues. The Times reports that the 702 partners at EY received an average of £679,000 in the year to the end of June, a decrease of 2% on the previous year's pay of £693,000.
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
FNZ, Morgan Stanley and Skills Development Scotland in partnership with the City of Glasgow College win at the Scottish Financial Services Awards 2019. The winners of this year’s revamped Scottish Financial Services Awards 2019 were announced at a ceremony at the EICC in Edinburgh last night a
Anthony Rafferty and Viva Rudkin have been appointed as the new directors for the board of financial services representative body Scottish Financial Enterprise (SFE). Anthony Rafferty is managing director of fintech company Origo Services Limited and Viva Rudkin is managing director o
Edinburgh-based Canongate Youth has been chosen as the charity partner for this year’s Scottish Financial Enterprise Annual Dinner. Canongate Youth is an organisation working with vulnerable children and young people to gain education and employment.
Aberdeen & Grampian Chamber of Commerce's investment update, produced in partnership with EY, shows committed future investment in the region has risen by £1.7bn over the past 12 months.
Four Scottish accountancy veterans have been recruited by Belfast finance firm HNH to open a new corporate finance office in Edinburgh to target small and medium-sized enterprises (SMEs) including family-owned companies. HNH specialises in advising customers in deals within the £1 million to &
The Financial Reporting Council (FRC) has today initiated an investigation into the audit conducted by EY of the financial statements of Thomas Cook Group Plc for the year ended 20 September 2018.
Global company EY has revealed plans to move its headquarters to Aberdeen city centre.
The British fintech sector faces a shortfall of talent, according to a census of UK fintech firms conducted by EY and Innovate Finance.
Ten companies and individuals have been named as finalists across three categories for the Scottish Financial Services Awards 2019, run by Scottish Financial Enterprise (SFE) and sponsored by EY.
Big Four accountancy firm EY has appointed a new associate partner, Alan Maudsley, to lead a dedicated team in Scotland that will be focused on working with private mid-market (PMM) clients. Mr Maudsley was previously head of corporate development at Barclays and is well connected in the local busin