An FD of an AIM listed company has passed me the following email entitled “Accounting services all above board” sent by Dorothy from blur Group (BLUR). My mind is boggling does this company do irony. Followers of Blur will remember that within the past three months it has been forced to admit that its revenue recognition policies were all over the shop and to stage a rescue bailout.
On that basis I guess companies will be lining up to pay blur cash to help them improve their accounting standard so, like blur one is “ensuring you’re above board at every point.”
As I explained in my piece at the time of the rescue bailout I continue to regard this company as a slam dunk sell – see HERE
Oddly that piece did not feature in the “Media Coverage” section of blur’s website which is universally glowing. The Financial Times might well have once said