Going concern companies must assess their situation, says FRC
Inside: Secured Loans UK
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Going concern companies must assess their situation, says FRC
Small businesses have been told by the Financial Reporting Council (FRC) that they must still produce financial statements by April in order to determine whether they are a going concern.
Ford to buy back debt, swap it for stock amid restructuring
AFP Journal Internet – Ford Motor Co. announced plans Wednesday to reduce the cost of servicing its massive debt by buying back some bonds and swapping others for stock.