Bdo

Accountancy and business advisory firm BDO has welcomed a record number of trainees in 2021, with more than 600 joining across its graduate and apprenticeship programmes since the start of the year – 22 of whom will be based in Scotland. This month, the majority of BDO’s annual cohort of

UK businesses have voiced their support for a change to the end of the UK tax year, bringing it in line with most other countries in an attempt to simplify the accounting process for British firms with subsidiaries abroad. The UK tax year runs from April 6 while in the majority of other jurisdiction

The UK Government’s plans to shake up the accountancy sector are facing a significant setback, as smaller firms consider snubbing reforms that would see them share FTSE 100 work with the Big Four companies. UK ministers have proposed “managed shared audits” of FTSE 350 businesses,

Accountancy firm BDO has told staff to decide for themselves when to come back to the office after the COVID-19 pandemic as part of its new flexible working strategy. The firm, which is the UK’s fifth-largest accountant and employs about 5,500 people across 18 offices, will ask staff to work w

BDO, the liquidators of the Old Co Rangers FC, are seeking £28.9 million from the club’s former administrators who have been accused of failing to effectively manage the finances of the club. Lawyers for BDO have initiated legal action against David Whitehouse and Paul Clark, claimi

Experian has announced its top financial advisers in Scotland with the release of its 2020 United Kingdom and Republic of Ireland M&A Review. Experian said that M&A activity in Scotland significantly impacted by the COVID-19 crisis and experienced its worst year on record according to its la

New data released today by BDO shows how lockdown is taking its toll on medium-sized businesses, with more than a quarter (27%) warning that they could cease trading in less than two months if restrictions do not ease. If the current lockdown lasts a further three months into April, 83% say they wou

Accountancy and business advisory firm BDO welcomed 19 new trainees last month, with even more roles available to start later in 2021. In November, BDO’s Glasgow and Edinburgh offices welcomed its 2020 cohort of trainees, with applications now open for roles starting in 2021.

Accountancy firm Mazars has repaid the £1.1 million of furlough money it received from the UK Government at the start of the coronavirus crisis. Mazars, which is the UK's ninth largest accountancy firm with over 2,250 employees, repaid the money on Monday.

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Accountancy firm BDO is to pay its partners an average of £518,000 each, despite receiving furlough money at the start of the coronavirus pandemic. The firm revealed that the annual payout to its 264 partners reached £137 million and that it has decided to retain the furlough money it re

Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO. The latest BDO Rethinking the Economy survey showed that 56% of Scottish businesses predict they will fully recover in less than six months once a vaccine for COVID-19