Financial Times FT.com

Accounts must show liquidity risks, FRC warns

By Jennifer Hughes

Published: October 2 2008 22:46 | Last updated: October 2 2008 22:46

Executives must pay more attention to the risks they disclose in their accounts this year, particularly if the strained market conditions have left them close to liquidity problems, the corporate reporting watchdog cautioned .

The warning by Ian Wright, director of corporate reporting at the Financial Reporting Council, is made as the number of companies reporting difficulties has increased steadily.

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