Skip to main content

Case study

The one where
this year’s performance was boosted by next year’s profit…

Advised a company undertaking research work in the manufacturing sector as to the failure of its accountants to recognise the acceleration of booking of income in year end accounts in order to increase the company’s performance. 

It was alleged that the accountants failed to undertake their audit work correctly as they should have discovered that there was advanced and accelerated booking of work in progress to create a false balance sheet as to profitability.  When the false accounting was discovered, the client company had to restate their accounts upon discovery of the discrepancy, leading to them suffering loss.  Advice was provided in relation to the complaint and company’s approach to seeking resolution of the situation.

  • Case Study
  • Sector
    Manufacturing and Engineering
  • Service
    Employee Fraud
  • Service
    Professional Negligence

Contact details

Phone: 0121 796 4020


Fax: 0843 216 4240


Tenet Compliance & Litigation Limited
Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP


Copyright © Tenet Law. All Rights Reserved.

Tenet Compliance & Litigation Limited. Registered Office, Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP. Registered in England and Wales. Registered No: 09776405. Authorised and regulated by the Solicitors Regulation Authority. SRA Identification No. 626562.

Created by Gritt & Co