Construction firm overstated profits by more than £6m

Sheffield-based construction firm SIG has today announced that an accounting review has uncovered historical overstated profits amounting to more than £6.6m.

Earlier this month, the firm launched a review into its accounts, supported by its external auditors Deloitte and by KPMG in an advisory capacity, following a whistle-blowing allegation of potential accounting irregularity at SIG Distribution. 

The Group has now identified a historical overstatement of profit relating to the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...