BusinessCompany NewsNewspaper fights iSoft gagging order

Newspaper fights iSoft gagging order

Gagging order in place since 2004

The Guardian newspaper has said it will fight a gagging order
preventing it from reporting on information it read in 2004 documents alleged
linked to accounting issues recently revealed by the software group.

The newspaper claimed that in 2004 it had spoken to two sources and saw
documents, which ‘raised a number of serious concerns relating to iSoft’s
accounting treatments in 2004’.

At the time, the then chief executive Tim Whiston told The
Guardian there were no questionable accounting practices at the
company.

It then hired law firm Ashurst to try to prevent The Guardian
publishing information obtained from these documents.

But following iSoft’s admission this month that auditors Deloitte had found
evidence that revenues had been wrongly booked in accounts for the year to April
30 2005 and the previous year, the newspaper said it will now fight to report on
what it saw in the documents.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor