Toshiba&#039s auditor provides “adverse opinion” on governance – submitting

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Toshiba Corp’s auditor gave an “adverse opinion” on the company’s inside controls in an annual report filed on Thursday, showing the Japanese industrial conglomerate has a way to go before regaining the market’s believe in pursuing a 2015 accounting scandal.

FILE Photo: A logo of Toshiba Corp is found outside the house an electronics retail keep in Tokyo, Japan, January 19, 2017. REUTERS/Toru Hanai/File Photo

TOKYO: Toshiba Corp’s auditor gave an “adverse opinion” on the company’s inside controls in an annual report filed on Thursday, showing the Japanese industrial conglomerate has a way to go before regaining the market’s believe in pursuing a 2015 accounting scandal.

PriceWaterhouseCoopers Aarata LLC (PwC) earlier gave a separate, “experienced opinion” on Toshiba’s monetary outcomes, correctly signing off on its publications, most likely supporting the firm steer clear of an rapid delisting.

(Reporting by Makiko Yamazaki and Ritsuko Ando Modifying by Christopher Cushing)



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