Tesco Faces U.K. Criminal Investigation of Accounting Practices
by SUZI RING
U.K. prosecutors open investigation into grocery chain’s $424 million profit-guidance overstatement, the first sign the accounting problems are being considered a criminal matter.
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Well, it’s time to start worrying if your in house accountants are up to the task. We have numerous clients who would fare much better if they outsourced their accounting function to us. However, our entreaties fall upon deaf ears.