Halifax auditors fined $50,000 for criminal breaches

Accounting 2021-08-18 5:48 pm By Cat Fredenburgh | Melbourne

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The former auditors of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, have been hit with $50,000 in fines for auditing breaches that resulted in the company continuing to trade while being prima facie insolvent.

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