Instituto Rosenbusch flags accounting delays after auditor change uncovers prior-year errors
Reuters2026/08/05 22:51- Instituto Rosenbusch flagged accounting issues tied to a change of control, delaying its interim financial statements for the three months ended March 31, 2026.
- New statutory oversight body, new audit team appointed at the May 13, 2026 shareholders’ meeting.
- Auditor-driven accounting policy shift identified inaccuracies in prior-year bookings, triggering adjustments to results for earlier periods.
- Board also disclosed negative equity; management, controlling shareholder evaluating debt forgiveness, asset revaluation to restore net worth.
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