Strategic Finance receiver PwC in final mediation with auditor BDO

Mon, 31 Mar 2014

By Paul McBeth April 1 (BusinessDesk) - The receiver for Strategic Finance is still at the mediation table with the failed lender’s former auditor BDO Spicers in a last-ditch bid to avoid the court-room. Receiver John Fisk of PwC filed and served papers against BDO over its audit of Strategic’s 2007 financial statements, with a statement of defence due next month, Fisk said in a March 31 letter to investors. At the same time, a final mediation hearing is scheduled to take place in the first week of May to try and settle the claim without re...

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