This follows the Accountancy Investigation and Discipline Board saying it
will examine the conduct of accountants who were executive or non-executive
directors at the group for the 2003, 2004 and 2005 financial years.
Sir Digby was until last July a
director of iSoft. He left just six months before a string of profit
warnings and an accounting policy change wiped out about 90% of the group’s
stock market value.
Cameron Scott, the counsel at the AIDB, told The Times that Sir
Digby could be one of several directors interviewed as part of the
Sir Digby said: ‘I welcome the investigation. It’s absolutely right and
proper that an investigation takes place.
‘If they ask to speak to me I will gladly meet with them and tell them
everything I know. I will co-operate because it’s very important that issues
such as this are properly investigated.’
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements