Written by: Barbora Choi on Thu Feb 27
Short accounting stories February 2025
Financial statements are normally prepared on the assumption that the reporting entity is a going concern and will continue in operation for the foreseeable future.
Short accounting stories February 2025
Picked up some news in the short month of February to illustrate accounting topics in real world:
🔹 Going concern issue at Crest Nicholson Holding PLC,
and
🔹 A record high litigation provision at British American Tobacco PLC.
Sources used: Financial Times.
