Best World independent auditor issues disclaimer of opinion
EY unable to obtain sufficient appropriate audit evidence to provide basis for audit opinion on financial statements
Fiona Lam
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ERNST & Young (EY) has issued a disclaimer of opinion in relation to Best World International's financial statements for 2018.
The independent auditor's disclaimer of opinion relates to matters disclosed in Note 2.1 to the financial statements that were raised during the independent review conducted by PricewaterhouseCoopers Advisory Services. PwC, as the independent accountant, is looking into Best World's export model and franchise model adopted in China.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant