Tag: Deloitte review of Wood
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Wood to restate figures following accounting probe – Daily Business
Wood Group review found ‘cultural failings’ Wood Group is to restate prior reporting figures after a review into its operations found “inappropriate management pressure” and “over-optimism” in respect of accounting judgements. The Aberdeen-based energy services company said the “cultural failings” appear to have led to information being inappropriately withheld from, and unreliable information being provided…