Yes, I believe they are very exposed and will be soiling their pants when the revised half yearly and full financial year accounts are released. Question is, how deep are their pockets? Given they are not a top tier auditing firm, I doubt they'll be able to stump up much compensation. Any class action might put them out of business, which is what they deserve I guess.
Ann: ASIC Determination, page-152
Currently unlisted. Proposed listing date: WITHDRAWN
Add to My Watchlist
What is My Watchlist?