Imax, the Toronto-based giant-screen movie
theater maker says it cannot predict when it will complete its accounting review
and file its financial statements.
The company could only say it would do so as soon as practicable.
It is facing delisting from the Nasdaq stock
exchange, but warned in March that it would delay filing its annual report
because it was evaluating accounting errors that took place between 2001 and
Earlier this month, Imax said it had broadened its accounting review based on
comments from the SEC and the Ontario
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Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
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