REDtone auditors give ‘qualified opinion’ on group's financial statement

PETALING JAYA: The independent auditors of REDtone International Bhd have expressed a qualified opinion for the group’s financial statements for the period ended May 31, 2014.

The basis for chartered accounting firm Crowe Horwath’s qualified opinion was that REDtone should have made an adjustment for impairment on overdue amounts from a third party.