Accountancy

Aberdeenshire-based Acumen Accountants has expanded its reach with a key merger south of the border. As a result, the growing company has bolstered its management team with the appointment of Andrew Wilson as a new director.

Michael Reid, a licensed insolvency practitioner and managing partner of accountancy firm MHA, discusses the implications of liquidation. The ongoing impact of interest rates at a level higher than we have been used to for many years, coupled with sluggish demand due to the cost-of-living crisis, me

Consilium Chartered Accountants and the ICAS Foundation have announced a partnership aimed at fostering social mobility and inclusion within the accountancy profession. The collaboration seeks to create a "staircase of talent", providing financial support, mentorship, and training opportunities to y

Following HMRC’s announcement that it will not appeal against Loose Women presenter Kaye Adams’ court win over IR35 rules, Wylie & Bisset, Accountants and Business Advisers, has noted that the case illustrates the uncertainty surrounding agreeing an IR35 determination with HMRC. TV p

Aberdeen-based accountancy firm Hall Morrice has bolstered its leadership team with the appointment of Jack Borg-Delaney as a new audit director. Mr Borg-Delaney, with a wealth of experience in audit and compliance, previously held senior audit roles at Deloitte and Ernst and Young.

Accountancy group MHA has solidified its presence in Scotland with the merger of Geoghegans, a prominent Edinburgh-based accountancy firm. The move marks the second merger in Scotland for MHA, the first being with Aberdeen-based accountancy firm Meston Reid & Co in October 2023.

Ross Foley has been appointed as cyber practice leader at PwC in Scotland, succeeding Colin Slater following his recent retirement. Ross Foley, a director based in Glasgow, joined PwC Scotland’s Cyber Security Practice eight years ago and has played a key role in the expansion of the team - wh

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the revised UK Corporate Governance Code as a step in the right direction. Bruce Cartwright, chief executive at ICAS, said: “We support the FRC's approach to streamline changes to the new Corporate Governance Code. We belie

UK accounting firms MHA and MHA Moore and Smalley are to formally merge from April, creating a nationwide audit, tax and advisory practice with 1,600 partners and staff operating from 21 offices. This announcement caps a busy last 12 months for MHA, having opened offices in 2023 in Scotland and Wale

EQ Accountants have become the seventh and latest firm to join Sumer, a rapidly expanding business services platform delivering professional support to SMEs across the UK. EQ Accountants are a Scottish practice with over 140 staff and 16 partners, based in three offices in Tayside and Fife &nda

EY has extended the tenure of its UK chair, Hywel Ball, for a second time, allowing him to continue leading the Big Four firm beyond the mandatory retirement age of 60. Mr Ball, 61, who has been at the helm since 2020, received a further one-year extension, taking his leadership role until June 2025

Thomson Cooper Accountants has announced the attainment of Responsible Individual (RI) status by director of audit Jacqueline Whyte. The firm, with approximately 100 staff across offices in Edinburgh and Fife, currently operates with five RIs conducting regulated audit work. Thomson Cooper serves as

The Financial Reporting Council (FRC) issued a historic number of fines in 2023, totalling £33.2 million, surpassing the previous year's record.

Aberdeen-headquartered Acumen Financial Planning has marked its 21st anniversary with reaching a milestone of over £900 million in funds under management across the Financial Planning Group. The year has also seen the firm welcome sixteen new staff members and several internal promotions,

Ahead of today's Scottish Budget, the Chartered Institute of Taxation (CIOT) and Institute of Chartered Accountants of Scotland (ICAS) have called on the Scottish and UK governments to use the tenth anniversary of the Smith Commission next year to review the implementation of Scotland’s devol