The company which provides IT solutions to the Department of Health launched a strong defence of its accounting policies after The Guardian reported that Labour MP Paul Farrelly was planning to put forward questions over its accounting policy of revenues and profits before a parliamentary group on corporate governance.
In a statement it said: ‘There are no issues with iSoft’s accounting policies, nor with its financial viability.’
News of the possible parliamentary scrutiny sent the company’s shares tumbling – they were last trading at 350p, down 10% on the day, at their lowest level since April.
Accountant Patrick Cryne, group chief executive at iSoft, was named entrepreneur of the year in the technology and communications category at the Ernst & Young entrepreneur of the year awards held last month.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016