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".
Deloitte
Deloitte’s technology, media and telecommunications (TMT) practice has revealed its predictions for the sector in 2023.
Deloitte has announced the winners of the 2022 UK Technology Fast 50 awards, with three Scottish companies among the ranking. The awards recognise and rank the 50 fastest-growing technology companies in the UK, based on average revenue growth over a four-year period, and are sponsored by Multiverse,
Senior leaders across Scotland’s private, public, academic and third sectors gathered at the University of Glasgow yesterday to discuss and commit to practical actions their sectors and organisations can take to contribute to sustainable, inclusive economic growth. Hosted by Deloitte and suppo
Amid the rising cost of living facing the UK, women are less likely to contact their financial services providers for advice than men according to new research from Deloitte. A survey of over 3,000 UK consumers conducted in August 2022 found that more than three-quarters of women (72%) did not conta
UK consumer confidence has fallen for the fifth consecutive quarter in Q3 2022, falling by one percentage point to a historically low -20%, according to Deloitte’s latest Consumer Tracker. Spending power also remains significantly strained, as consumer sentiment around levels of debt also reac
A collective value of £1.02 billion worth of unused smartphones has accumulated in consumer households in the last three years, according to new research from Deloitte, with consumers upgrading their handsets while leaving older devices in cupboards or drawers. Deloitte’s Digital Consume
Deloitte's Q3 UK CFO Survey has shown that CFOs view credit as being more costly than at any time since 2010 with over half (56%) rating credit as costly while over a third of finance leaders (39%) note that new credit is not easily available. The financial market impact of the government’s mi
Deloitte has announced its intention to purchase the business and assets of Reformis, a specialist investment management technology and data firm. Founded in 2003, Reformis, a global business with approximately 90 employees, provides technology, business and change management consultancy services to
Scotland’s economy is likely to contract in the second half of 2022, according to researchers at the Fraser of Allander Institute. The Institute’s quarterly Economic Commentary, which includes an assessment of all the key latest data on the UK and Scottish economies, is published today.
Deloitte has opened applications for 35 charities and social enterprises to join the second cohort of Deloitte Digital Connect, a programme that helps charities scale their impact. Selected charities will take part in six months of digital training and receive advice and access to a peer network to
Deloitte UK has released its 2022 financial results showing an increase of 21% in distributable operating profit to £711 million, bringing the average UK partner payout to £1.025m this year - inclusive of £105,000 from the sale of a business. The big four firm's revenue for th
Deloitte has donated a total of 6,865 laptops to schools, charities and community groups across the UK since first committing to donating the firm’s used laptops in 2021. Over half (3,600) of the reconditioned laptops have been donated to pupils from 58 schools across the UK, including 25 of D
Scotland is set to benefit from an influx of new accounting jobs after Deloitte declared its plans to create at least 1,000 new jobs outside of London over the next five years. The big four firm joins a trend of expanding financial hubs outside the capital and, in addition to Scotland, plans to add
Deloitte has reported a record revenue of $59.3 billion (£51bn) in its annual results, for the year ending 31 May 2022, an increase of 19.6%. An estimated $16bn (£13.8bn) was attributed to services sold as part of deals with big tech groups.