Accountancy

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Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned. In addition, businesses are being advised to prepare for changes which will raise

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The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world's oldest professional body for chartered accountants. Since its founding by Royal Charter in 1854, ICAS has played a pivotal role in shaping the global accounting p

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BDO LLP has strengthened its Scottish team with the appointment of Stuart Macdougall CA as an audit partner. Mr Macdougall brings 20 years’ experience of working with entrepreneurs, private-equity-backed companies and large international groups. He also has significant ESG expertise and will b

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Ellon-based Phil Anderson Financial Services has opened a new office in Wilmslow, Cheshire, further expanding its England presence. The Wilmslow office marks another milestone in the firm’s growth journey, following the establishment of its Wetherby, Yorkshire office just over two years ago.

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Johnston Carmichael has strengthened its audit governance team with the recruitment of two independent non-executive directors (INEs). Les Clifford and Michael Timar have more than 70 years’ experience working within the profession and are the first non-executive directors to be appointed by t

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Bruce Cartwright CA, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA). Mr Cartwright succeeds former chair Barry Melancon, who is retiring at the end of 2024, and will officially take up the role from January 20

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Scottish accountancy firm Wbg is advising shareholders of family trading companies to consider their options to ensure that the Business Property Relief (BPR) cap fits. The advice follows Chancellor Rachel Reeves’s announcement of significant changes to the UK Inheritance Tax (IHT) regime in h

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A report by audit, tax and consulting firm RSM UK and industry body Make UK shows that the use of data analytics improves business efficiency for manufacturers, but a lack of digital skills is a barrier to adoption of digital technology. The report, which was published ahead of the Scottish Budget&r

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Big Four firm EY has revealed plans to cut 150 jobs within its UK consulting division. The cuts will primarily affect senior roles such as managers, senior managers, and directors. This move comes as demand for consulting services weakens following a boom during the pandemic.

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SBP Accountants & Business Advisers (SBP) – which has offices in Aberdeen, Peterhead, Fraserburgh and Banff – has announced an exciting partnership with Aberdeenshire Council FA Team and their delivery in both Peterhead and Portlethen Academies, offering students an invaluable o

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MHA has shared half-year results for the first time, with revenues reaching £99 million for the six months ended 30 September 2024. This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-di

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BDO has exceeded £1 billion in revenue for the first time in its century-long history. The firm attributes its 8.6% revenue rise to £1.02bn to its "continued programme of investment" and its focus on serving mid-sized businesses.

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Thomson Cooper Accountants has marked three-quarters of a century of growth, innovation and commitment to client service, as it celebrates its 75th anniversary. Formed in Dunfermline on 21 November 1949 by founder T Hunter Thomson and his business partner Harold Cooper, the business has expanded sig

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Accountancy and business advisory firm MHA, which has offices in Aberdeen and Edinburgh, has outlined its strategy to become net zero by 2030 as part of a wide range of commitments in its Sustainability ESG Report 2024. The report, which will be published voluntarily on an annual basis, is MHA&rsquo

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