pkf going to the gaols with me, page-4

PA in your "professional" opinion as a practicing accountant are you suggesting that the auditors would have been required to look at the cash balance as at the sign off date ie 30 Sep 09 and then made a judgement on the value of the receivables listed as at 30 June 09. So effectively if the money was not coming in then they would have been required to address it in the audit.