PracticeAccounting FirmsJohnston Carmichael posts 10% revenue growth

Johnston Carmichael posts 10% revenue growth

Scottish accountancy practice Johnston Carmichael sees revenues climb to £26.9m despite fragile economy

Top 25 Scottish practice Johnston Carmichael has announced a 10% jump in its
revenue following expansion of its business in Glasgow and Edinburgh.

Turnover for the year ended 31 May 2010 rose to £26.9m despite difficult
economic conditions and higher than the firm’s estimated income provided for
this month’s
Accountancy Age Top 50
+50
.

The two offices in Scotland’s biggest cities grew fee income by 36%, now
accounting for nearly a third of its income. The firm also acquired
Edinburgh-based practice Duncan Young last year.

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