20 Aug 2008, Kevin Reed, AccountancyAge
http://www.accountancyage.com/aa/news/1777087/scottish-lib-dem-finances-cause-auditor-concern
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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