There are concerns from leading
financial institutions that new proposals from the Finance Reporting Council (FRC) could unsettle investors.
It was recently proposed by the FRC that company directors clearly lay out "significant doubts" over if a business was a going concern.
John Pierce, the chief executive of the Quoted Companies Alliance, told the Financial Times that his organisation was "wary" about possibly "rushing" proposals on such a key area.
He complains that the "demise" of a business could be predicted and suffer as a consequence when, in reality, it "could pull through".
Speaking about the proposals, he told the newspaper: "We are studying it to determine whether it means a change in substance or in form".
Bradford & Bingley has revealed that it made a loss of £26.7 million in the first half of 2008.
The bank's chairman, Rod Kent, told the Guardian that it had been a "very challenging" time.
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