I agree and a detailed audit of expenses, corp spending and relationships with suppliers are where I would start, thats normally where you find misuse of funds or conflicts of interest. How many trips overseas or in Australia have individuals in the company had ( do they coincide with holiday seasons or leave, are they using company funds to pay for personal holidays), auditing the spend on development work in China (that seems very high for a product which is based on open source code), rental costs - who are they renting the office from, does the company own it or is it owned by a close friend, relative, trust etc these are some of the areas that a good auditor would have looked into. In a class action maybe looking at the auditors role in not uncovering issues is also another approach. Any good forensic audit will uncover all these issues and more, looking at the reported results it would be very interesting to see what they find.
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