The group, which blamed the warning on it paying the ‘price of expansion’, will post its results on the AIM stock exchange in the morning.
It has stated its profits will be a fraction of what the market had been expecting. Profits to 31 December 2001 will be between £500,000 and £1m against an expected £6m.
Tenon has combined 16 accountancy practices over 13 months in an attempt to build a nationwide alternative to mid-tier firms including Baker Tilly and BDO Stoy Hayward.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars