Auditors concerned over Scot Lib Dems ability to continue as going concern
Accountancy Age, 20 Aug 2008
The Scottish Lib Dems were warned about its accounts by auditors PKF.
With the party posting a net deficit of £74,983 and liabilities exceeding its assets, its auditors warned that there was a material uncertainty about the party's ability to continue as a going concern.
The party's treasurer Brian Logan said it faced significant challenges turning around the financial position but was entirely achievable, reported the Press and Journal.
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