PracticeAuditJohnston Carmichael qualifies investment vehicle’s accounts

Johnston Carmichael qualifies investment vehicle's accounts

One of Sir Tom Hunter's investment vehicles has accounts qualified

Auditors have qualified the accounts of West Coast Trading, an investment
vehicle of one of the UK’s most rich and famous entrepreneurs Sir Tom Hunter.

Johnston Carmichael qualified the accounts of his investment vehicle after it
could not obtain financial statements for insolvent retailer USC Group, one of
its investments.

The auditors also entered into a limited liability agreement with West Coast
before signing off the accounts, reported the Telegraph.

‘When you start out selling trainers from the back of a van you know how to
tough it out when times get hard,” said Sir Tom.

Related Articles

EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

1d Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

4d Emma Smith, Managing Editor
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2w Alia Shoaib, Reporter
PwC to audit BBC pay policies following gender pay gap outrage

Accounting Firms PwC to audit BBC pay policies following gender pay gap outrage

1m Alia Shoaib, Reporter
PwC to take over from Deloitte as Diploma auditor

Accounting Firms PwC to take over from Deloitte as Diploma auditor

1m Alia Shoaib, Reporter
KPMG rocked by South African corruption scandal

Audit KPMG rocked by South African corruption scandal

3w Alia Shoaib, Reporter
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

4w Emma Smith, Managing Editor
FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

Accounting Firms FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

4w Emma Smith, Managing Editor