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Scottish Lib Dem finances cause auditor concern

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.

Further reading:

Read the Press and Journal's story

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