WH Smith chief executive quits after damning Deloitte audit report Retail The boss of one of Britain’s best-known retailers has quit the role after an investigation into the firm’s accounting practices uncovered major flaws. WH Smith chief executive Carl Cowling said he would step down with immediate effect on Wednesday after the report, produced by Big-Four audit firm Deloitte identified weaknesses in the operations of the [...]
WH Smith delays results by more than a month as accounting struggles persist Retail WH Smith has delayed the publication of its results by more than a month as it wrestles to get to the bottom of accounting issues that caused profit expectations to be overstated by tens of millions of pounds. The global travel retailer was due to publish its preliminary results on 12 November, but has now [...]
