Home The Resignation Of Osiris Therapeutics' Auditor Really Opens The Door For More Accounting Concerns
 

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The Resignation Of Osiris Therapeutics' Auditor Really Opens The Door For More Accounting Concerns

2015-12-18 22:26:04| Biotech - Topix.net

OSIR has had issues surrounding revenue recognition and internal controls over financial reporting, and this auditor resignation does nothing to suggest that these issues are over. OSIR has had problems collecting on its accounts receivable balance, and has had negative operating cash flow despite positive net income.

Tags: door accounting concerns opens

Category:Biotechnology and Pharmaceuticals

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