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Auditor Penalised Over iSignthis Financials Review
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Auditor Penalised Over iSignthis Financials Review
A review auditor involved in the audit of iSignthis’ 2018 financial statements has been admonished by the Companies Auditors Disciplinary Board (CADB) for failing to adequately perform their duties. The auditor, a partner at Grant Thornton, has been ordered to pay the Australian Securities and Investments Commission (ASIC) costs of $490,000. The action follows a Federal Court finding last year that iSignthis misled investors regarding its 2018 r…
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