‘Spreadsheet mistake’ behind $3.2m cashflow error at Pacific Edge
Questions remain over sign-off by auditor PwC.
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Hawke’s Bay
Human error was to blame for a $3.2 million mis-statement of cashflows at biotech minnow Pacific Edge, says its chief financial officer.
On Wednesday the company revealed its annual report published three months ago had stated its cash receipts from customers were $7.9 million, when the true
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Tim Hunter
Thu, 28 Sep 2017
Thu, 28 Sep 2017
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‘Spreadsheet mistake’ behind $3.2m cashflow error at Pacific Edge
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