The Financial Times reports that Tesco Plc, the UK’s biggest supermarket retailer, has said that two of its subsidiaries -- Tesco Stores and Tesco Property -- made small administrative accounting errors that have now been corrected.
The mistakes were “nothing sinister,” according to the company. One was discovered by the company’s finance department, and the other by a shareholder doing research.
The mistakes are expected to have no impact on any financial reporting or projecting done by the company.
The mistakes were “nothing sinister,” according to the company. One was discovered by the company’s finance department, and the other by a shareholder doing research.
The mistakes are expected to have no impact on any financial reporting or projecting done by the company.
- KC's View:
