LLP conversion highlights disparity in Macfarlanes' profit figures

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  • As an LLP there is no hiding place when it comes to posting your figures. There are some firms out there who have been deliberately misleading the market for years. Macfarlanes appear to have a genuine excuse for the disparity in their figures but certain others are going to find the publication of their results to be an embarassing experience.
    Keep a careful eye on those who prior to conversion made a big song and dance about their results. Not quite so easy to portray themselves as something they are not when the results are published for all to see. The smoke and mirrors merchants are going to be exposed for what they are!!

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  • I don't believe the firms can be trusted to report their profit levels honestly. A shame for a "profession" which is supposed to be subject to a strict regime governing ethics and professional conduct.

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