Software group’s delayed annual results to be released
Accountancy Age, 21 Aug 2006
The full extent of the accounting errors at healthcare software supplier iSoft are expected to be known this week, when the company finally releases its long-delayed April annual results.
The group's admission that there have been 'accounting irregularities' in the past two years, is expected to lead to a fall in the amount of retained profits.
The annual results are expected to be accompanied by a gloomy statement on its trading prospects.
iSoft is one of the software suppliers to the multi-billion dollar project to upgrade the IT systems at the NHS.
Juggling retail outlets, NHS contracts and shrinking prescription revenues is...
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