that audit report does not necessarily mean they are going tits up

going concern uncertainty does not mean they will def go under, but "significant doubt" must be disclosed in the audit report along with any other material uncertainties the auditors discovered. it would be a lot worse had the auditors said "the use of the going concern basis is inappropriate" then they would be going tits up.

Posted By: Tony Martin on June 7th 2011 at 18:56:34

Message Thread

Cov on the brink of fuckedness (Other Football) - Duck, Jun 7, 18:25:07
- that audit report does not necessarily mean they are going tits up (Other Football) - Tony Martin, Jun 7, 18:56:34
- sh*t, that's terrible (Other Football) - Tricky Hawes, Jun 7, 18:31:32
- it's a shame to see any club go under (Other Football) - Karnivore, Jun 7, 18:28:58
  - ^add Wulfs and it's a goer (n/m) (Other Football) - wgf500, Jun 7, 18:31:04
    - yep, we can add them as well (n/m) (Other Football) - Karnivore, Jun 7, 18:40:58
  - haha, agreed (Other Football) - Worzel Scrimmage, Jun 7, 18:29:54
    - consider it done (Other Football) - Karnivore, Jun 7, 18:34:53
      - fucking hell, all a bit over the top (Other Football) - Worzel Scrimmage, Jun 7, 18:49:26
        
        I was right in the front row as well....... (Other Football) - Karnivore, Jun 7, 18:51:47
        
        haha I bet, what a mare (n/m) (Other Football) - Worzel Scrimmage, Jun 7, 18:54:41

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.