DX Group woes worsen

The delivery company, DX group’s woes worsened as the company announced a £1.8M hit on their financial statements ending June 30th. The issue was that the company incorrectly applied the accounting related to lease incentives on one of its sites. The lease...

Consolidations

Someone recently asked me whether I knew about consolidations. That gave me an idea, why not write about what I know about consolidations, so here we go. Consolidations means combining multiple entities financials into one combined financial. Two questions come up...