News

Major improvements have been made at South Ayrshire Council over the last two years, according to the Accounts Commission. A new report published today charts how the council has responded to a critical audit in February 2014 when the Commission voiced concerns about significant weaknesses in the ma

Russell Frith The security and transparency of Scotland’s public finances have been strengthened after a national data-sharing exercise found nearly £17million of fraud and error across services.

Edinburgh-based cloud accounting software provider FreeAgent has teamed up with a UK accountancy firm to provide hundreds of contractors with greater clarity over their business finances. FreeAgent, whose software is designed for accountants working with contractors and micro-businesses, has agreed

Roseanna Cunningham The first parts of the Land Reform (Scotland) Act have come in to force this week.

Ally Scott One of Scotland’s most recognised deal makers is to join EY as Partner to lead and expand its corporate finance team.

The latest annual legal benchmarking review from Henderson Loggie, in conjunction with the firm’s UK accountancy association MHA, points to encouraging signs of growth for a second year, most notably through an upturn in the property and construction sector. However, improved fee income has not tr

Paul Russell Audit, tax and consulting firm RSM has appointed VAT and indirect tax specialist Paul Russell as an associate director in Glasgow.

Isabel Hudson Edinburgh-based insurance giant Standard Life has confirmed that non-executive director Isabel Hudson, who has served on its board since October 2014, has resigned with immediate effect.

Weak income growth and rising housing costs have effectively wiped out any gains for low and middle income working age households since the early 2000s, providing the backdrop to disillusionment with the political and economic status quo, according to a major new report published today by the Resolu

Back row l to r: Hazel Pratt, Alan Davis, David Smith. Front row l to r: Bill Grierson, Alison Beattie, David Forrest Scottish accountancy and business advisory firm Henderson Loggie, which employs around 200 people across offices in Aberdeen, Dundee, Edinburgh and Glasgow, has strengthened its tax

L-R Simon Whiteside, Claire Evans, Laura Mair, Karen Davidson, Stewart Mathieson EY Scotland has signalled its continued investment and growth in Scotland with three new senior appointments to its tax team.

The Financial Reporting Council (FRC) has opened an investigation into PwC's audit of collapsed retailer BHS. The accountancy regulator said its probe was into the year ending 30 August 2014, when the firm was still owned by Sir Philip Green.

Derek MacKay More than £62 million is expected to have been raised in tax revenue from the Scottish Government’s doubling of the supplement rate applicable to large businesses.

UK insurance giant Aviva, which employs about 1,300 staff at its hub in Perth, has moved to calm fears over its position after its share price fell from 444.5p on Thursday to close at 378.1p on Friday, as markets reacted to Britain’s decision to leave the European Union. Despite a further 4 per ce

Tristam Horn, Deepwater Oil Tools, Ed Nimmons and Richard Nimmons of Dry Ice Scotland. Two Aberdeen-based start-up companies – which have developed technologies aimed at saving the oil and gas industry money - are celebrating after being awarded £140,000 in Scottish EDGE funding.