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Shares nosedive at Wood Group after Deloitte review finds ‘inappropriate management pressure’The UK oil services company John Wood Group has admitted that its financial results need to be restated, after a review found “cultural failings” led to information being withheld from its auditors.The FTSE 250-listed company said the independent review, carried out by Deloitte, also found “inappropriate management pressure” to stick with existing financial reports. Continue reading…
Shares nosedive at Wood Group after Deloitte review finds ‘inappropriate management pressure’
The UK oil services company John Wood Group has admitted that its financial results need to be restated, after a review found “cultural failings” led to information being withheld from its auditors.
The FTSE 250-listed company said the independent review, carried out by Deloitte, also found “inappropriate management pressure” to stick with existing financial reports.
