suspension for up to a month
its a little unbelievable that last FY their revenues increased as a result of adoption of AASB9, and 6 mths later, a potential change in their 'collection strategies' would have such a material impact to their lending arrangements as to be in breach.
surely the board need to go, and so should the auditors (although both should be sued)
suspension for up to a month its a little unbelievable that last...
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