Accountancy

Corporate insolvencies in Scotland were 18% higher than in October 2023, according to new figures released today.

PwC UK’s annual Black Friday survey shows that 41% of Scots say they’re interested in buying this year - up from 35% last year.

North-east accountancy firm SBP Accountants & Business Advisers has made a series of internal promotions at its Peterhead office. Following a successful year at SBP, which also has offices in Aberdeen, Fraserburgh and Banff, the promotions include Lydia Bugden’s advancement to manager from

Vishal Chopra, who took over from James Kergon as senior partner for KPMG in Scotland, has revealed a new-look senior leadership team. Mr Chopra now oversees a team of more than 900 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen. He stepped into the role after having most rece

RMT Accountants & Business Advisors, a member of the Sumer Group, has acquired specialist restructuring practice KSA Group, which has offices in Edinburgh and Berwick, for an undisclosed sum. The KSA Group specialises in pre-insolvency solutions and works with the directors and owners of struggl

Wbg has opened a new office in Prestwick to offer expert business advice to local companies. Located at 104 Main Street, the office is serviced by a dedicated senior team which includes business advisory director Andrew Flinn. The team will be supported by the Wbg partner group who are looking forwa

CT has appointed Karen McBride CA its newest director, who will join the firm's accounts and business advisory (ABA) division in its growing Glasgow office. With a strong focus on technology companies and other start-up businesses, Ms McBride will support the growth and development of the ABA team i

Wbg has acquired the Scottish personal insolvency book of accountants and business advisors Azets for an undisclosed sum. Comprising Trust Deeds, Debt Arrangement Schemes and sequestrations for hundreds of individual cases with a significant book value, the deal highlights Wbg’s ability to sca

Northern Accountants has acquired Dunfermline-based Empowered By Cloud, accountancy expert for the trades and construction industry, for an undisclosed six-figure sum. This strategic move adds 50 new clients and boosts Leeds-headquartered Northern Accountants' staff to 45, with a total client base o

Accountancy, business and financial advisory firm Armstrong Watson has acquired Glasgow-based accountancy practice Parkhill Mackie & Co. The merger, which completed last week, will see Parkhill Mackie’s 11 staff, including partners Linda Parkhill and Sandra Mackie join Armstrong Watson&rsq

Accountancy firm BK Plus has acquired Cornerstone Accountants in Glasgow and FourM Accountants in Dundee, adding almost 100 staff and expanding its presence into Scotland. In just over three years since formation, the deal brings BK Plus' office count to 25 offices.

Forvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei

Grant Thornton UK has attracted interest from several private equity firms. Cinven, EQT, and New Mountain Capital (backer of Grant Thornton's US business) are reportedly shortlisted to acquire a stake in the firm. The deal could value Grant Thornton UK at over £1.5 billion.

Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards. Winning not only the Small Firm of the Year for Scotland, North of England and Northern Ireland, it also won the coveted UK Small Firm of the Year (Grand Prix). The accolades were

New research released today by KPMG has revealed boosting their savings would be a top priority if the impact of the cost-of-living crisis was to ease. KPMG UK’s Consumer Pulse survey gauged the quarterly confidence and buying behaviour of 3000 UK consumers across regions, ages and income grou