Business
Freedom Foods slapped with second class action – The Australian Financial Review
The class action alleges the company capitalised some day-to-day expenses that should have been immediately expensed, and that its financial position was overstated…
The new class action alleges that, over the past six years, management of Freedom capitalised certain day-to-day and other expenses that ought to have been immediately expensed, and failed to write off quantities of expired or obsolete inventory. These accounting errors had the effect of significantly overstating Freedoms financial position and performance in its annual and half-yearly reports.
The case also alleges that Deloitte, Freedoms longstanding auditor, failed to correct the accounting errors…
-
Noosa News24 hours agoUnlawful wounding charges, Caloundra – Sunshine Coast
-
Business17 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General18 hours agoFootballers and movie stars: PM’s Shanghai tourism push
-
General15 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project