Latest News

Today’s news in brief – 22/4/2024

Xeinadin has expanded into Northern Ireland with the acquisition of K Magill and Co, marking its 19th expansion in two years. The move aims to bolster Xeinadin’s presence in Ireland and support its growth plan. K Magill and Co specialises in business advisory for small to medium enterprises. The acquisition reflects Xeinadin’s commitment to becoming a trusted business advisory firm and provides opportunities to enhance services while maintaining a personalised approach.

PwC has planned to reverse its US tax practice restructuring, unifying the tax division under incoming senior partner Paul Griggs. The move aims to streamline operations by scrapping the “trust solutions” and “consulting solutions” divisions in favour of “assurance” and “advisory.” Griggs emphasises the importance of maintaining the tax brand and aligning business functions to better serve clients. The decision follows discontent over the previous restructuring and signals a return to PwC’s original organisational structure.

ACCA has unveiled a five-point climate plan for accountants on Earth Day, emphasising sustainability, ethics, and inclusivity. The plan addresses climate change, social inequality, and trust issues, urging accountants to drive the sustainability agenda, understand AI adoption benefits, promote good ethics, foster an inclusive workplace culture, and embrace continuous learning. ACCA’s research highlights core priorities for the profession, including building resilient economies and developing talent. The plan underscores the role of accountants in creating sustainable businesses and economies, reflecting a commitment to positive global impact.

Azets has expanded its North East corporate finance team with two new appointments, bringing the team’s total to 20. David Foreman, previously from Barclays Bank, joins as a partner with experience in managing SME relationships. He also contributes to non-profit initiatives. Joe Sheridan moves from Azets’ Glasgow office, adding to the team’s expertise. Azets specialises in mergers, acquisitions, and capital raising advisory. Lee Humble, UK head of Corporate Finance, emphasises their deep understanding of North East businesses, aiming to enhance client outcomes. The expanded team aims to provide proactive, partner-led services to ambitious businesses in the region, anticipating further growth.

Show More
Back to top button