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KFC Ireland’s auditors find ‘uncertainty’ that may cast ‘significant doubt’ over chain’s future

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Auditors say accounts for the firm show a ‘material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern’

Auditors for the Irish arm of KFC, the fast-food chain, found a “material uncertainty” in the company’s finances in 2021, which they warned “may cast significant doubt” on the company’s ability to continue as a going concern.

Maneely McCann, the Belfast-based accountancy firm, highlighted risks to the operation of KFC in Ireland as accounts recently filed by the chain’s operator show it had a shareholders deficit of more than €3 million at the end of ...

 

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Source: IrishTimes - 🏆 3. / 98 Read more »