UK 21:13 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We flagged up early yesterday that a change of auditor is always worth looking into especially when the firm is one link blinkx (BLNX) which has issued profits warnings, attacked its critics with lawyer’s letters and was spun out of Autonomy whose accounts have been questioned a tad. And thus hat tip to Tempress for pointing this out picking up a very perceptive post on ADVFN. Over to temptress
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Comments
turbograndad
Good one Temptress, well what can you say, obfuscation, incompetence, ad infinitum, ad nauseam, all par for the course on the jolly old AIM, Tom will be in employment untill, well ad infinitum.
drunken sailor
“as auditor for the financial year ending 31 March 2015. PwC have accepted the appointment. Shareholders will be invited to approve PwC’s re-appointment at the Annual General Meeting to be held in July 2015.”
Interesting! so after shareholders have voted at the AGM to accept / reject the annual report audited by PwC they then get to decide whether they approve of appointing PwC to audit the report they have just accepted / rejected. What would happen if shareholders decided they did not approve of the appointment of PwC?