In 2023, mid-sized businesses in Scotland will prioritise investment in digital, digitalising services and driving new efficiencies through automation, according to new research from BDO. BDO also found that the Scotland’s business leaders are calling for increased action and more targeted sup
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BDO’s Scottish corporate finance team has advised on 39 completed deals in 2022 with a total value of £1.9 billion. The deals were across a variety of sectors including technology, support services, real estate and healthcare, with private equity transactions a significant feature&n
Martin Bell of BDO looks at what the Scottish Budget might have in store. After a rollercoaster few months of fiscal statements, businesses and individuals will be looking closely at what’s to come in the Scottish Budget this week.
An agreement has been reached with tax authorities to settle with the old Rangers operating company for almost £40 million less than the original claimed by HMRC. Acting liquidators of Rangers 2012, BDO, said the settlement terms were accepted by both sides in their latest update to creditors.
Audit costs are set to rise by as much as 50% for businesses next year, BDO managing partner Paul Eagland has warned. Mr Eagland said: “I think we’ll see fee inflation next year ... of around 20 per cent,” adding “For certain audits, it could be 50 per cent".
BDO has reported an 11% increase in revenues to £809 million for the financial year 2021/22 with growth across all three of its service lines of audit, tax and advisory. Announcing its results, BDO cited the reasons for growth as being the resilience of its core market of entrepreneurial, high
Accountancy and business advisory firm, BDO has announced the appointment of Adam Broatch as a new partner as it continues to invest and grow in its team in Scotland. Mr Broatch joins as a partner in the firm’s transaction services team and will be based in BDO’s newly remodelled Edinbur
Rising energy costs are the biggest concern for a quarter of Scottish businesses this autumn and winter, according to new research by accountancy and business advisory firm BDO. The bi-monthly survey of 500 leaders of medium-sized businesses reveals that a further 22% are worried about business rate
Accountancy and business advisory firm BDO, has moved into new 8,000sq ft office premises in Glasgow, after signing a 10-year lease, as part of its ongoing plans to expand its Scotland team and business. More than 130 of its team will based at 2 Atlantic Square location. The move forms a key part of
Accountancy and business advisory firm BDO is welcoming 26 new trainees across its offices in Glasgow and Edinburgh, with 600 joining nationwide. Ten of the new trainees will join BDO’s new Edinburgh office and 16 will join the firm’s office in Glasgow. A total of 20 of the trainees will
Popular fintech Revolut has received calls to improve its internal controls after the Financial Reporting Council (FRC) found the company's account audits to be significantly flawed.
Almost a third (28%) of affected mid-sized businesses in Scotland have yet to register for the newly-introduced Plastic Packaging Tax (PPT), more than four months since it came into force. According to research by accountancy and business advisory firm, BDO LLP, 15% of those yet to register use more
In a report launched today by accountancy and business advisory firm BDO, figures show more than £1.5 billion of capital has been deployed into UK Circular Economy businesses over the past four years. This figure accounts for a total of 296 investments across equity and debt.
Accountancy and business advisory firm BDO is set to welcome 60 employees to its newly remodelled Edinburgh office at City Point, Haymarket Terrace.
Business leaders in Scotland are voting with their feet and declining to work with clients because of their ESG credentials, but at a much lower level than across the rest of the UK, according to new research from accountancy and business advisory firm BDO. BDO’s ‘Rethinking the economy&