Accountancy

Scotland has improved its performance in PwC’s Women in Work Index thanks to advances in the country’s gender pay gap and an increased share of women in full-time employment.

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud

The consulting arm of Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has partnered with the University of Glasgow to co-author a paper about the transformation of student assessment and feedback in Higher Education (HE). As the University of Glasgow’s t

Big Four accountancy firms EY and Deloitte have announced that they will close their operations in Russia in the wake of the country's invasion of Ukraine. EY has revealed that it will cut its 4,700-person business in Russia, while Deloitte announced yesterday that it would separate its operations i

Chartered accountants Wylie & Bisset has welcomed the Scottish Parliament’s inquiry into the challenges faced by people with low income and debt problems but, has questioned whether it is a missed opportunity. With inflation rising to 5.2% last year and energy regulator Ofgem announcing th

With job vacancies in the UK reaching a record high, new research from Grant Thornton UK finds that the ‘great resignation’ is severely impacting Scotland’s mid-market. Of the 50 mid-sized businesses in Scotland surveyed for the firm’s latest Business Outlook Tracker, over ha

Increasing awareness of apprenticeship schemes could hold the key to tackling rising youth unemployment in Scotland, according to new research published by the Association of Accounting Technicians (AAT), to coincide with today’s launch of Scottish Apprenticeship Week. The latest government fi

Senior public sector finance leader Elaine Boyd and fellow of the Association of Chartered Certified Accountants (ACCA) is the new chair of ACCA Scotland’s committee. Glasgow-based Elaine Boyd is the associate director at Audit Scotland where she heads the organisation’s quality assuranc

Chartered accountant Wylie & Bisset has partnered with pharmacist-led training provider Pharmacy in Practice to provide a range of support services to Scottish pharmacy owners, pharmacists, and their teams. The partnership agreement will see the accountancy firm work alongside the training provi

The chief executives of 10 of the world’s leading accountancy institutes, including ICAEW and ICAS in the UK, have joined together to support a new call to action in response to the nature crisis, ahead of the upcoming UN Convention of Biological Diversity (CBD) COP 15.

The boss of a Glasgow pizzeria has been banned for eight years after failing to maintain proper books and records and not able to explain what a £50,000 bounce back loan was used for. Kleida Pizzeria Ltd was incorporated in April 2014 and the sole director was Ilir Bajrami (61) from Glasgow.

HMRC has revealed that more than one million customers filed their late tax returns in February – taking advantage of the extra time to complete their Self Assessment without facing a penalty. About 12.2 million customers were expected to file a return for the 2020/21 tax year and more than 11

Accountancy and business advisory firm Johnston Carmichael has published its annual results for the financial year ending 31 May 2021, showing growth despite the challenges of the pandemic. Compared with the previous financial year when profitability was adversely impacted by COVID, turnover rose by

Tom MacLennan, Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators of one of the UK’s largest producers and processors of fish and seafood, Dawnfresh Holdings Limited, Dawnfresh Seafoods Limited and R R Spink & Sons (Arbroath) Limited

PwC Canada has been fined over $900,000 by Canadian and US accounting regulators over exam cheating involving 1,100 of its auditors. The Canadian Public Accountability Board and the US Public Company Accounting Oversight Board found that PwC had failed to notice that staff were sharing answers in ex