Superdry, MUGC and auditor resignation
Description
Superdry are facing going concern uncertainties...and their auditor (Deloitte) has resigned. In this edition, Ben discusses the challenges facing Superdry and gives exam insights on audit reports.
See Superdry's financial statements here https://corporate.superdry.com/media/3153/annual_report_2021.pdf
See Deloitte's resignation letter here (if this link doesn;t work, go to the 'Companies House' website and search for 'Superdry. The auditor's resignation letter is there https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/4qKbd6npHaozs_KJsClBkwGWK2D-EXE_MoHHmoQXRt4/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3PZ652IMQ%2F20221117%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20221117T143151Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjECQaCWV1LXdlc3QtMiJGMEQCIGctqr2ep4RPNHQqfAWjNEXLoUPjhkaGsqTJhiSmMM1oAiBLGZ8zt3%2FJIzZoUKXi%2FlMpzhcR19%2FMTwNSgO3i9h1QAyrNBAgtEAQaDDQ0OTIyOTAzMjgyMiIMs6c7ODt1SJiErCtNKqoEMmN8Zs6%2BTKdtqV%2Bp7%2BFvf3%2BwX3MOnjoTrOLVrjIYjTsevJVh%2Fyv58U%2BXkgAaEC3Lxw2%2BbbCWCTYm63ZGYgN%2BlzjPJu5fe2gSWSZsb%2F1APQdpGb5NvpgF3qQDZZW4ldIRQNy8U22cnoYloJaEupnt9%2Bcb7VouRLOT9fd1OBlQJgOAtFJ6m%2BQ%2Fh3ExmIzP8pK870mEfctlNG%2B4z9hVB1VaGjEBbR0GCupYgr1TidqbNmsRfoT4gA%2F863iWFfhV7e2GOAOztm%2BBUS3VCaAMPvlWzc4ugnQQ6ICXoFK6ICy24%2FGlPi5%2BlxOFm1r11%2B4hWSvT%2FThA%2BWhaazj5qfkJpZB0GyNbrR4xMkbvXSopM6RnamYxqd7mRmaGXG0vrT8%2F6yiUkXM%2Fys6vUUc%2FaaC7kakryBvuX2pOpnaJKY5ad26OSUBgZco9rZCjrlXf%2FLfBZxDi9i1PPgghz8kXbhwH7Fp9eNTRH7rEe22%2Fz102EU%2BDYAdsznWYIYEewgaAuzj2et51ZUBRLQmbCSZ%2BSPnEgeazRl%2FWedyRdWN84VtEruh6VQzxXjZIX9zXNDaj2vGjxndAI0%2BFN9eXjj6qaMmITE%2FrsprklO9GTfGIPBIoSdB%2B768YvN%2BeEU4Kp%2BI5JXyZLRF5vbEOccwsHl3zlfRet1fXAZYqrzJ1nls6hTPqZYNazbxz8%2B3kBwxl%2Bn56oMNVxwe2wpQDtuy9iDAGtYnqSMM6gbB4zYCx8BwGU54wkLnYmwY6qgFM4BMWtqFJ%2FPAE2L6olHGE2Y8JvCcCje62%2BrNzNrBQiyniW%2Fw9fDyfP6M6%2F7tEUuV4sTIapQECRHiiz5gnupmLZOKeiirWXEY5DSc0KzTvBqAxdXe9sFfdDekAZTGJYZs3w2I%2BEsCHHEM1JDGFSg0IKjkHbtbjf%2BX%2FcCHams3dQ9yBPayOpYWXcFzx%2BHi5QUjGmp0bW4aukFwcIS2qMYiGN2eR2%2FCXD%2BGBRA%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=b029f6bf6531835bfea984959a1bc42e1943129620600ede774089e4b043d999