Britain’s Big Four accountancy firms should be broken up following failings exposed by the collapse of construction giant Carillion, a damning parliamentary report has said.
The UK’s six largest accounting firms are facing a regulatory crackdown after the watchdog said it would “enhance“ its monitoring of the sector amid growing criticism of auditing failures.
Britain’s big four accountancy firms will face fines of up to £10 million as part of new regulatory powers aimed at clamping down on “seriously poor audit work”.
The owner of Union Square shopping centre in Aberdeen is expected to shed further light on future plans this week.
Leading members of Scotland’s energy sector and the wider business community have united to create a new mentoring programme aimed at increasing the number of women in senior executive roles.
Executives at collapsed construction giant Carillion were more concerned with awarding themselves bumper payouts as the company headed for disaster, according to the world’s biggest investor, Blackrock.
Modest pay rises and falling inflation could boost consumer confidence this year but the economy is set to be buffeted by new headwinds.
Professional services giant EY has said its business in Scotland grew by 11% in the financial year to the end of June.
The chief executive of Aberdeen-based health and social care charity Cornerstone has been named Scotland's entrepreneur of the year.
Professional services giant EY has confirmed it is closing its audit and accounting department in Inverness, which employed 35 people.
Leading north-east business man has predicted there is “no chance” there will be a second referendum on Scottish independence taking place in the next two years.
The north-east is at a “pivotal point in shaping its future”, a leading oil and gas expert said yesterday.
Accountancy firm EY has warned that 35 of the 55 people working at its Inverness office could face redundancy.
An expert panel debate and a keynote speech from a leading Scottish peer will feature at the latest Morning Briefing breakfast event, once again in association with Turcan Connell, in Aberdeen next month.
A north-east apprentice is proving she has absorbed the lessons of the course she joined by making a success of her own business.
Accountancy firm Chiene + Tait (C+T) has opened an office in Inverness and has poached a tax specialist from a “big four” company to lead it.
UK fee income at professional services firm EY grew 7% to £2.15 billion for its financial year ending June 30, 2106, according to figures released by the company today.
Stars of the next generation of business leaders have been recognised by Aberdeen and Grampian Chamber of Commerce (AGCC).
Scottish business chiefs moved quickly to calm nerves yesterday after UK voters chose to quit the European Union.
New figures from global accountancy giant EY confirm Aberdeen is losing its appeal for foreign investors amid the oil and gas industry downturn.
Entrepreneurs from 30 of Scotland’s most innovative businesses have been shortlisted for the Scotland final of the EY Entrepreneur Of The Year 2016 Awards.
There were 4% fewer Scottish business failures in 2015, compared with the year before, professional service firm KPMG says.
Energy Voice has called on the global energy sector to participate in the final part of its landmark research launched to mark 50 years in oil and gas exploration in the North Sea.
Growth among smaller and medium-sized (SME) manufacturers remained positive in the three months to July, but exports dragged down overall performance, according research
EY last night unveiled the “single largest investment in new partners” in the history of its Scottish practice.
Energy Voice has launched the latest wave of its research aimed at gauging global sector perceptions.
Scotland cemented its position as the UK’s biggest foreign direct investment (FDI) region outside London during 2014, while also enjoying a boost to its global profile from a string of high profile events, EY said yesterday.
There was double success for the north-east at last night's prestigious EY Entrepreneur of the Year Awards in London.
Oil and gas companies listed on the alternative investment market (AIM) in London suffered a 15% slump in value in the first quarter of 2014, new figures show.