Accountancy

Foreign secretary Liz Truss has banned Russian businesses from using UK accountants as she announced new sanctions on Russia in wake of its invasion of Ukraine. The sanctions include a ban on services exports to Russia, cutting them off from doing business with UK sectors that are critical to the Ru

Independent financial advisory firm, Phil Anderson Financial Services, has been hailed as one of the best financial advisers to work for in this year’s national Professional Adviser Awards. The Ellon-based company, which now has a headcount of 19 staff across its offices, is the only Scottish

Accountancy and business advisory firm Henderson Loggie has strengthened its audit team with the appointment of charity specialist Keith Macpherson as its new partner. Mr Macpherson, who takes up the role from his position as audit director and head of not-for-profit at Johnston Carmichael, brings w

Scottish accountancy firm William Duncan + Co Ltd has announced that the final total raised by its Kiltwalk team has reached £7,500.

Alvarez & Marsal, the joint administrator of the former private healthcare company NMC Health, has filed a High Court claim of at least $2.5 billion against the firm's former auditor, EY. Yesterday, Alvarez & Marsal revealed that as part of its "wide-ranging investigation into the situation"

Azets, the accountancy firm and specialist business advisor to SMEs, has announced the acquisition of Tait Walker, one of the largest independent accountants and business advisors in the North East. It marks the third UK acquisition in four months as Azets continues to deliver on its ambitious growt

While businesses in Scotland and across the UK saw signs of early financial distress plateauing in the first quarter of 2022, Ken Pattullo, who leads independent business rescue and recovery specialist Begbies Traynor in Scotland, is warning businesses to batten down the hatches in the face of globa

Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4

The number of new tech companies incorporated in Scotland jumped 37% in 2021, according to new analysis by audit, tax and consulting firm RSM UK. A total of 1,055 tech businesses were incorporated in the region in 2021 according to an analysis of data held by Companies House, up from 772 in 2020.

Henderson Loggie has announced the appointment of Gavin Black to its board, as the accountancy firm prepares for its next phase of expansion. Mr Black takes up the role with immediate effect.

Widespread burnout and lack of flexible work continue to hinder working women’s career progress, according to a new Deloitte Global report.  Deloitte Global conducted a survey of 5,000 women in 10 countries, including 500 working women in the UK, to understand the impact the COVID-19 pand

Chartered accountant Wylie & Bisset has welcomed the launch of a new online training initiative designed to support the growing number of female business founders in Scotland. With recent research for the Rose Review on Female Entrepreneurship revealing that 5,951 companies were established by w

The latest SME Barometer produced by Azets has revealed ambitious growth plans among UK SMEs despite a significant drop in optimism about the economy. The Barometer revealed that 51% of all SMEs across the UK and Nordics are optimistic about the economic outlook, down from 68% last summer with UK SM

A team of 30 eager and ever so slightly nervous people from accountancy and business advisory firm Johnston Carmichael are lacing their boots to take part in the Glasgow Kiltwalk this weekend as the business aims to secure a record 100 walkers in 2022. Johnston Carmichael has been a gold sponsor of

KPMG UK has promoted four colleagues to partner and 26 colleagues to new positions in Scotland. Arleen Arnott, Paula Holland, Deborah May and Eddie Norrie all became partners of the professional services firm on 1 April 2022.