Harvey Norman founder says ASIC not investigating accounting practices

Is Harvey Norman under investigation for troubling accounting practices by the corporate watchdog or is it a mere "review"?

by | Mar 27, 2017

The Australian Securities and Investments Commission (ASIC) has confirmed to the ABC it is probing the accounts of listed retailer Harvey Norman — though the company’s chairman and founder is still steadfastly refusing to accept that it is under investigation over the way it accounts for its exposure to failed franchises and troubled franchise loans.

Read the full story at ABC online.

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