Profit up at Meldrum as inflation ebbs

Profit at Meldrum Construction has surged by almost a third on the back of stable demand and the easing of inflationary pressures. While turnover at the Gateshead-based firm remained flat at around £54m, pre-tax profit grew from £1.9m to £2.5m, according to financial statements for… The post Profit up at Meldrum as inflation ebbs appeared first on Construction News.

Autodesk to audit financial practices, delay annual report

The contech giant said it doesn’t believe that the investigated areas will affect any previously issued financial statements, or its most recent earnings release.

KPMG hit with £21m fine over faulty Carillion audit

KPMG has been handed a £21m fine for “serious breaches” in audits of Carillion’s financial statements. The consultant failed to adhere to “the most basic and fundamental audit concepts” when signing off Carillion's annual financial statements in three sets of accounts between 2014-2016, according to… The post KPMG hit with £21m fine over faulty Carillion audit appeared first on Construction News.

Carillion finance chief gets 12-year director ban

Richard Adam caused firm to “rely on false and misleading financial information” for its 2015 and 2016 financial statements, says Insolvency Service

Carillion finance chief gets 12.5 year director ban

Richard Adam caused firm to “rely on false and misleading financial information” for its 2015 and 2016 financial statements, says Insolvency Service

CIPS - Financial Analysis skills for Contract Managers,

In this podcast you will hear from Colin Linton (FCIPS) on the importance of financial analysis skills for Contract Managers to identify risks post-Covid and how using the ICEBERGS® model outlines the key ratios to focus on and use to give a true reflection of suppliers and potential risks as businesses start to recover post-Covid