Also interesting that a business like this can come face-to-face with going concern questions 10 weeks after getting a clean audit report from Ernst & Young.  

Somewhere in the 112 pages of the company's last annual report, the facts that have since proved so relevant may be buried amid a sea of boilerplate jargon,  but only a bloodhound would be able to find them, and the appointed bloodhound was apparently sitting in the lap of its client.

Accounting professionalism?  Forget about it!