finance

All you need to know about the Scottish Accountancy Awards


The Scottish Accountancy & Financial Technology Awards are now in their thirteenth year, but if you’re new to them, we’ve put together this short guide explaining all you need to know.

Created to recognise the work of accountants and finance professionals – and their vital role in the continued success of both private and public sector organisations – the awards have evolved over the years to reflect developments and changes within the profession.

In 2019, the event expanded to recognise new areas of the profession like financial technology (fintech), in addition to celebrating the more traditional elements of accountancy, like tax.

There are obvious benefits involved in any awards event – the potential of raising your profile, the opportunity to network, and, should you win your category, the kudos of having your work recognised.

The awards dinner attracts more than 250 guests, made up of finalists, judges, sponsors, accountants, finance workers and businesspeople.

Organised by Scottish Business Insider, and sponsored by ICAEW and ACCA, the prestigious ceremony not only offers numerous networking opportunities throughout, but guests also enjoy a three course meal and entertainment.

The event itself take place on Wednesday 27th October, from 6.30pm to 11.00pm at the Grand Central Hotel in Glasgow.



Fred MacAulay hosting the last Scottish Accountancy and Financial Technology Awards

The award categories are as follows:

Small Accountancy Firm of the Year

Accountancy firms with fewer than 50 staff in Scotland. For a firm which has enjoyed an exceptional year in the financial year of 2020 and demonstrated its outstanding achievements. The judges will be looking at a number of areas including leadership, growth, innovation, client service and corporate social responsibility.

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Finance Director of the Year – sponsored by ICAEW

The judging panel is looking for finance directors who have provided significant contribution to the development of their company or organisation and perhaps have made their mark with some special achievements. The organisation must be a head office, or a subsidiary, but it must be based in Scotland.

Emerging Finance Director of the Year

Candidates for this award are likely to be showing long term potential in their first finance director role, but there is no specific age limit. He or she will have contributed significantly to the development of the company or organisation. Again, the organisation must be a head office or a subsidiary based in Scotland.

Young Accountant of the Year

Accountants who have qualified within the last five years and who have demonstrated leadership, contributed to strong growth, presented innovative solutions and demonstrated good client service. Entrants should also have entrepreneurial flair and be good team players.

Tax Team of the Year

For a team which must be client focused and able to present good results for their clients. Innovative solutions will also be considered.

Accountant of the Year – sponsored by the Association of Chartered Certified Accountants (ACCA)

For an outstanding individual in either the private or public sector in Scotland who has made his or her mark in accountancy particularly during the 2020 financial year.

Innovation in Accountancy

Celebrating an outstanding development that transforms accounting practice or processes that has come to the fore over the past year. The innovation could be technology based, but needn’t necessarily be so.

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Emerging Fintech Company of the Year

For a firm which has emerged in the past two years that has ‘made waves’ over the past year. The judges will be looking at a number of areas, including quality of technology, predicted disruptive impact and potential for growth.

Exporting Fintech Company of the Year

The panel is looking for the fintech firm that has produced the most impact in overseas trade over the past year. Judges will look at the quantity, quality and geographic spread of the sales.

Registration on entries must be completed via our awards website by Friday 20 August. Once a registration for entry has been submitted, a questionnaire will be sent via email and must be completed and returned by the following Tuesday.

Judging of the awards is conducted by an independent panel of experts and is extremely thorough. The information provided will be collated and shortlisted by our panel.

Representatives will then be invited to attend an interview in front of our judging panel on Wednesday 22 September.



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