back to article FCA straps on rubber gloves, eyes Redcentric's accounting mess

The Financial Conduct Authority is to probe the accounting screw-up at Redcentric that was made public last autumn when the firm admitted to overstating assets and understating net debts by millions of pounds. The London Stock Exchange-listed MSP said it made multi-year number crunching errors that saw net assets exaggerated …

Anonymous Coward

Understandable

Given that to work at that level at companies like this all you need is an MBA.

Being good at your job is just a bonus.

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WTF?

So PWC audit or are just the accountants?

Because if you've missed this for how many years what sort of auditors are you?

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Anonymous Coward

having working with the company at the time we were told that a deficit of 10 million was found, reading this now even when they "realised" the books didn't add up they were still 10 million short.....

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