Monday, February 5, 2018

Carillion: Politicians press accounting watchdog over 'going concern' rules

In March 2013 during an IASB discussion of proposed rule amendments aimed at tackling the problem, Prabhakar Kalavacherla, partner at KPMG, urged the board to act. He warned board members that “saying we are going to shut our doors and not worry about it is foolhardy”. In November that year, ...
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