Scottish Lib Dem finances cause auditor concern
Auditors concerned over Scot Lib Dems ability to continue as going concern
The Scottish Lib Dems were warned about its accounts by auditors PKF.
With the party posting a net deficit of £74,983 and liabilities exceeding its
assets, its auditors warned that there was a material uncertainty about the
party’s ability to continue as a going concern.
The party’s treasurer Brian Logan said it faced significant challenges
turning around the financial position but was entirely achievable, reported the
Press
and Journal.
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