Back after a short illness
Happy to report back after a short illness; nothing to worry about. The treatment received was much appreciated – and successful.
Now it’s back to the keyboard and blue pencil!
Setting the record straight
I noticed a write-up in an optical magazine reporting a retail optical group’s CEO claiming media reports last year suggesting there was doubt about the group’s ability to continue were inaccurate, followed by direct quotes from the CEO in support of that claim.
The fact is the information about the group’s ability to continue was published in the group’s own directors report to shareholders to 30 June 2017, including this independent statement from its [chartered-accountant] auditors: “… these events or conditions, along with other matters as set forth in [a note to the accounts] indicate that a material uncertainty may exist that may cast significant doubts on the group’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.”
The auditors also said: “The directors are of the opinion that the debt financing and the growth in the businesses required will enable the group to pay its debts when they fall due and therefore believe it is appropriate to prepare the financial report on the going concern basis.
“However in the event
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