NWT 0.00% 11.5¢ newsat limited

Question on Australian Regulation

  1. 8 Posts.
    Hi,

    I'm new to this market and wonder if there is the equivalent of a "Going Concern" document in Australia. Many other countries, the US especially, require the auditors to report and the CEO to sign an official document stating that the company is a "Going Concern" meaning they have or will have the capital and other non-monetary assets to continue the company's operations. In the US the CEO becomes PERSONALLY LIABLE for the accuracy of that statement.

    Please tell me there's an Aussie equivalent.

    As for the all the talk about payments to yacht companies and salaries that are ridiculous based on the revenue streams, please tell me what do you have to do to get arrested in this country?????
 
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