In this article
FRC investigates going-concern reporting of China Evergrande (3333)
Accounting & Financial Reporting Council, 15-Oct-2021
Comment: we sense a certain amount of grandstanding, Monday-morning quarterbacking and 2020 hindsight. Perhaps the FRC should hire Andrew Left to help them out with their analysis. Whether Evergrande is or was viable as a going concern was always a matter of judgment for the directors as well as investors. What can be gained from investigating that judgment, and how much will it cost in regulatory resources?
Organisations
People
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy