Insolvency profession facing seismic shift as vital skills come under threat – Herald Scotland

SCOTLANDs accountancy profession is facing a shortage of insolvency practitioners, with more than half set to retire, potentially hampering the future provision of insolvency assistance. Donald McNaught, a restructuring partner at Johnston Carmichael, and chair of the Institute of Chartered Accountants Scotland (ICAS)s insolvency committee said his own calculations indicate that 55 per cent of…