PwC has expanded its Business Restructuring Services practice in Scotland with the appointment of Nick McLaren as a director. Mr McLaren has returned to PwC Scotland from the professional services firm’s Australian restructuring practice, where he advised a wide range of businesses across sect
Pwc
Kevin Ellis, the chairman of PWC has warned that auditors will find it “harder than ever” to determine whether companies can continue to trade and that their accounts are free from fraud or errors as tougher COVID-19 restrictions come into force this winter. Mr Ellis, who has headed PWC
Big Four accountancy firm PWC has committed to retaining all of its office space, despite the rising number of COVID-19 cases in the UK. The firm, which is one of the UK's largest employers with 22,000 members of staff, has made the move as the ongoing pandemic ensures staff will be working fr
The UK's hotel sector could take four years to return to pre-pandemic occupancy levels, according to PwC's latest UK Hotels Forecast 2020-2021.
Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator. The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan
The world's wealthiest individuals increased their wealth by a quarter during the coronavirus crisis, according to a new report by Swiss bank UBS and Big Four accountancy firm PwC.
More than 100 graduates have started their career at PwC after a rise in virtual recruitment enabled the firm to grow across its three Scottish offices. The record autumn intake of 108 student joiners had to rely on digital induction after taking delivery of company laptops to their homes as ongoing
Five staff from PwC Scotland have been named among a list of the Top 100 Young Chartered Accountants (CAs) in the world. The Institute of Chartered Accountants of Scotland (ICAS) has announced the names on its annual showcase of the best and brightest CAs in the world of accounting, finance and busi
Big Four accountancy firm PwC has seen its revenues hit a record high of $43 billion despite the economic impact of the coronavirus pandemic. The firm's income increased by 3% in the year to the end of June.
Big Four accountancy firm PwC has delayed the publication of its full-year results until next year so that it can delay a decision about the size of its staff bonuses and partner profit distributions. PwC UK usually posts its financial statements for the year to the end of June, alongside its p
Staff at Big Four accountancy firm PwC and asset manager company Schroders are to work from home permanently signalling a change to flexible working in the wake of the coronavirus pandemic. Kevin Ellis, PwC’s chairman, has said thousands of the firm’s 22,000 UK staff will never retu
Watchstone Group is suing Big Four accountancy firm PwC for at least £63 million over allegations that a senior employee at the firm disclosed confidential information about a client to an investment banker working on a deal. Watchstone Group revealed on Friday that it had served a claim in th
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.
The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024. The FRC has outlined a set of principles for the operational separation of audit functions within PwC, Deloitte, KPMG and EY. The watchdog has ruled that the four&nbs
PwC has appointed Matthew Hall as office senior partner at its Edinburgh office whilst Robin McBurnie has been appointed to the same role in Glasgow. In addition, Edinburgh-based Jason Higgs and Paul Cheshire both became partners at the firm on July 1. Mr Higgs leads PwC Scotland’s Busin