Events & Insights

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has warned that the revised Charities Statement of Recommended Practice (SORP) will prove particularly challenging for small charities. The most significant changes in the revised SORP include a proposed tier model for categorisation of charity size, expanded requirements for the Trustees Report, a new ‘5…

The external audit team of Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is recruiting 10 graduates to its burgeoning team this summer in response to significant growth – double the annual intake of five graduates it has recruited over the last three years. From a team of 28 in 2022, Wbg’s external…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has urged medical professionals across Scotland to consider the Debt Arrangement Scheme (DAS) as a discreet and regulated route to manage problem debt – particularly considering increasing pressure from creditors such as HM Revenue & Customs (HMRC). According to Paul McDougall, Insolvency Practitioner at Wbg,…

Following a re-tender process, Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has won a reappointment to the Department for Education’s Funding Assurance framework for the next three years. The firm remains the sole independent Scottish accountancy practice to be awarded slots on the prestigious framework; its initial appointment having marked the first…

The internal audit team at Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has added seven new clients in the first quarter of the year whilst retaining a further five following a re-tender process, yielding a recurring fee income of more than £285,000. The team’s expanded public sector client portfolio includes contract wins…

On the back of significant growth over recent years, the internal audit team of Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is set to recruit seven graduates to its burgeoning team this summer. From an 11-strong team in 2022, Wbg’s internal audit department will number 30 staff members over the coming months….

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has formed a strategic partnership with Entrepreneurial Scotland, the independent charity with a vision to build the most entrepreneurial society in the world. The arrangement sees Wbg become Entrepreneurial Scotland’s exclusive accountancy partner, providing guidance, mentorship and support to the charity’s members. Scott Grant, Business…

With creditor petitions for sequestration on the rise, Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is reminding debtors and their legal representatives of the strategic importance of the Form 33 Moratorium and the Debt Arrangement Scheme (DAS) as a preventative legal tool when faced with bankruptcy. The moratorium provides six months of…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has advised families to seek professional advice as many of them are likely to be unaware their estate could be liable for Inheritance Tax (IHT) given the increasing complexity of the system. HMRC recently revealed that IHT receipts reached a record £8.2bn in the 2024-25…

In the wake of high-profile cyberattacks on Marks and Spencer and Co-op, Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has highlighted the importance of SIEM (Security Information and Event Management) solutions as part of a robust third-party SOC (Security Operations Centre). Kevin McDermott, Senior IT Auditor in Wbg’s internal audit team, said…