K Club auditors submit adverse opinion

Auditors to the K Club have given an adverse opinion on the company’s financial statements for 2009, because of the failure to take an impairment charge on the value of the Co Kildare golf and country club.

23rd April, 2011

Auditors to the K Club have given an adverse opinion on the company’s financial statements for 2009, because of the failure to take an impairment charge on the value of the Co Kildare golf and country club.

KPMG said, in the latest accounts for Bishopcourt Investments, that ‘‘in view of the effect of the failure to provide for the impairment, in our opinion the financial statements do not give a true and fair view,...

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