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Banff and Forres-based accountancy firms Anderson & Co and Ritsons have merged

By Garry McCartney

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Ritsons partners, Deborah Newton and Arlene Anderson.
Ritsons partners, Deborah Newton and Arlene Anderson.

TWO accountancy firms - including one from Forres - have merged.

Banff-based Anderson & Co, set up by Arlene Anderson, has merged with Forres-based Ritsons to serve accountancy and business advice.

Ritsons partner, Deborah Newton, is delighted to be welcoming Arlene, her team, and client base.

She said: “Arlene’s experience in using cloud computing to improve finance systems is invaluable as we support clients with new HMRC processes and making tax digital”

Ms Newton first hired Ms Anderson in 2001, going on to support her through her chartered accountancy training. Ms Anderson developed her early career at Ritsons before moving to another firm, coming back to Ritsons and then leaving to start her own business while caring for a young family. Started in her home kitchen with just one client, Ms Anderson has built the business up over seven years.

When founding Anderson & Co, Ms Anderson saw the value of cloud computing and built around supporting organisations to embrace new technology to improve financial processes. Helping clients move to platforms including Xero has allowed clients to become more efficient.

This move has been invaluable as HMRC regulations have brought in Making Tax Digital (MTD), meaning organisations legally must now report their tax affairs digitally.

The Anderson & Co team are transferring under the Ritsons brand and will retain the Banff office.

Ms Anderson is joining Ritsons as a partner.

She said: “The accounting sector is going through significant technology driven change and I’m looking forward to working with the wider Ritsons team to capitalise on the opportunities in the industry.”

Ms Anderson joining the partners team has also resulted in parity between men and women at partnership level for the first time since the company was formed in 1909.

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