home  news  study zone  career advice  pq awards  free mag  advertise  contact  nq mag
PQ magazine is for part qualified accountants.

Read the latest web issue here – if you like what you see sign up today

Latest News


Patisserie Valerie suspends shares

10 October 2018

Sweet treats maker, Patisserie Valerie, has suspended its shares today after discovering what is believed to be a multimillion-pound black hole in the accounts.

In a statement ahead of trading it said the directors of the company had been informed about “significant, and potentially fraudulent, accounting irregularities and therefore a potential material misstatement of the company’s accounts.”

The statement went on to say that this will have a significant impact on the company’s cash position and may lead to a material change in its overall financial position.

A full investigation is now underway to see what the true financial position is. And in the meantime Chris Martin, the chief financial officer, has been suspended from his role.

[«all news]
preload preload preload preload
Subscribe to RSS