Kpmg

The Institute of Chartered Accountants in England and Wales (ICAEW) is set to receive the entire £14.4 million fine imposed on KPMG last week for its role in the Carillion scandal. Last week, Scottish Financial News reported that KPMG was set to be fined after a Financial Reporting Council (FR

Big Four firm KPMG is set to be fined £14.4 million after a Financial Reporting Council (FRC) tribunal found that its auditors deliberately misled regulators during routine inspections of its audit of collapsed government contractor Carillion. The £14.4m fine for KPMG would be the second

Fast-growth businesses in Scotland continue to attract huge volumes of venture capital (VC) investment, despite the uncertain geopolitical and macroeconomic environment, according to the latest figures from KPMG UK. Scottish scaleups saw 41 deals completed in the first three months of this year, rai

KPMG UK has promoted four colleagues to partner and 26 colleagues to new positions in Scotland. Arleen Arnott, Paula Holland, Deborah May and Eddie Norrie all became partners of the professional services firm on 1 April 2022.

The search for Scotland’s top tech innovator has begun as KPMG UK launches its annual competition to propel exciting technology businesses onto the global stage. The competition - KPMG Private Enterprise Tech Innovator in the UK - is now in its ninth year and has seen previous winners such as

Scottish retail sales have returned to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG retail sales monitor.

In the UK, growth momentum is expected to slow during the course of 2022 as the impact of the cost of living crisis is felt while overall growth in the UK for 2022 could reach 3.9%, before slowing to 1.1% in 2023, according to the latest KPMG Global Economic Outlook. Consumer spending is expected to

Speaking ahead of the Spring Statement tomorrow, Vishal Chopra, head of tax in Scotland for KPMG UK, highlights his predictions. The Spring Statement wasn’t intended to be used to launch significant new tax-related measures, but an intensifying cost of living crisis, coupled with what many exp

Scottish retail sales remain behind pre-Covid-19 levels, according to the latest figures from the Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud

The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.

The joint development of a first-of-its-kind suite of artificial intelligence (AI) tax analysis tools for the UK has been announced by KPMG UK and Blue J. Blue J is the leading provider of predictive analysis tools for tax positions in North America and KPMG will be its first alliance partner in Eur

Scottish retail sales in Scotland decreased by 7.9% in January, an improvement of .1 percentage points from December 2021 and is the lowest Yo2Y decline recorded since July last year.

Scotland’s private equity market closed out a steady year in 2021, with a record number of midmarket deals despite total investment still falling short of pre-pandemic values, according to new analysis by KPMG UK. Despite the uncertainty caused by COVID-19, both volumes and value of mid-market

The UK Government is suing KPMG for £1.3 billion over allegations it was negligent in its audit of Carillion in 2016. Government ministers have accused KPMG of failing to respond to "red flags" in Carillion's accounts ahead of its collapse in 2018.