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UNITE : NAV £3.05 , shares £1.68 and climbing

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Bearishbull - Wed, 31 Dec 03 :

I think the accounts issue was due to a change in accounting policy/standards - the items that were changed were not 'hidden', or errors in the accounts, and the change should not have made any difference to an accountant or a half decent city analyst, as the information was previously disclosed in the accounts anyway.

In fact, I seem to remember that Unite used the new standard the year before they HAD to - (these changes are announced by the relevant authorities some time in advance of the compulsory implimentation date).


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