26th March 2012, 11:42 AM
Although the idea of financial checks seems attractive, I'm not sure it will achieve the desired end. The standard accountant's measures of financial performance give little real guide about the likelihood that a business will fail, while discriminating against small or new businesses.
If Cambridgeshire is demanding financial information it should be upfront about how it will be used. I suspect that they ask for information without any necessary intent to look at it in any serious way.
If Cambridgeshire is demanding financial information it should be upfront about how it will be used. I suspect that they ask for information without any necessary intent to look at it in any serious way.