centro moves to sue its auditors, page-2

Havent seen the article but PWC provided an unqualified audit opinion with no emphasis of matter when it issued the audit report on 18 Sep 2007 (pg 77)

It is the responsibility of the auditors to identify any potential going concern issues when conducting the audit and report them accordingly. Had PWC highlighted any potential going concern issues, then the liability weighting would be tipped towards CNP. However in this instance, the liability weighting would no doubt be tipped towards PWC.