No problem with that. I did wonder why KJ stuck to his accounting method when the AASB 9 changes were imminent. He got a drubbing by the market and shareholders over it and as he has now pointed out suffered both financial and reputational loss. I actually think the loss suffered was much greater than he is claiming. Look at the reduction in market cap. Some might say he is kicking PwC while they are down but IMO they have made some hefty mistakes in both ethics and strategies - so go for it KJ I see a good deal of merit in the case. I just hope you have employed a good team of silks because sure as hell PwC will.
Ann: Commencement of proceedings against PwC, page-2
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