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August 13, 1997updated 03 Sep 2016 7:31pm

AUDITOR DROPS UK GAMES DEVELOPER EIDOS

By CBR Staff Writer

Computer games software developer, Eidos Plc has been dropped by its auditor, Coopers & Lybrand LLP, after failing to totally implement the corporate governance code set out in the Cadbury report, according to the Financial Times. Eidos is putting its errors, which include issues such as failing to review effectiveness of internal financial control down to growing pains. The company has increased its staff to 500 from 60 in 18 months, and in March reported third quarter profits of 7.8m pounds from losses of 992,000 pounds last time (CI No 3,111).

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