Icas aims to help small firms with RBS partnership

Accounting trade body Icas has signed a partnership deal with Royal Bank of Scotland, aimed at helping to support more small firms across the country.

Icas chief executive Anton Colella. Picture: Contributed

Under the sponsorship agreement, RBS and Icas said they would work together in a bid to improve the services that bankers and accountants provide small and medium-sized businesses “to help grow the economy”.

Icas chief executive Anton Colella said: “We believe that a closer relationship between Icas and RBS will help the bank serve our firms better and will, in turn, help our firms serve their clients better.”

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Malcolm Buchanan, chairman of the Scotland board for RBS, added: “Traditional roles within the banking and financial sectors are changing. Increasingly, accountants are often working as business partners, with advisory services and even societal support seen as core responsibilities alongside duties such as financial reporting.

“This makes relationships within the industry more important than ever which is why RBS is delighted to enter into this new agreement with Icas as their practice community partner. Working together, we can maximise opportunities for Icas members and continue to enhance Scotland’s reputation as a leader in one of the world’s most important professions.”