Business Services Industry
Knights to take its own medicine.(Knights Insolvency Administration)(Brief Article)
Australasian Business Intelligence, May, 2005 by Grigg, Angus
May 08, 2005 (The Australian Financial Review - ABIX via COMTEX)
Knights Insolvency Administration is a Brisbane-based accounting firm. The group has disclosed that it will take a number of measures to cut costs drastically, in a bid to stay solvent. It will provide regular updates on its cash position to the Australian Stock Exchange. Earlier in 2005, the company reported bad news, with a "shock" first- half loss of $A3 million. Knights is in debt to the tune of $A5 million with the ANZ Bank, but has insisted that the bank is still supportive. The corporate regulator is investigating whether Knights could have made certain disclosures earlier.
Publication Date: 7 May 2005
KNIGHTS INSOLVENCY ADMINISTRATION
LIMITED - ASX KIA:...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Research and Markets: Top Chinese Information Technology Outsourcing Vendors, Black Book Survey 2009 Results
- Sanofi-aventis Video Q&A : CEO Chris Viehbacher Comments on 2009 Full-Year Earnings
- CSR creates the industry’s first audio processor with Bluetooth connectivity for handsets
- CSR connectivity platform powers the latest Sharp handset
- Samson Oil & Gas Advises on the Gene #1-22H Well Progress
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FHM Features Anna Benson, Baseball's Hottest Wife
- Building a DNA database: the federal government has just enacted two bills related to DNA. The first would drive the collection of DNA from all infants. The second would attempt to prevent the DNA that is collected from being misused
- America's most wanted j-o-b-s - 10 hottest employment opportunities
- Developmental sequence in small groups
