RE:RE:RE:RE:RE:MmmmmmmmmYou are Marc Cohodes friend on twitter. Ha.
Financial reporting is chalked full of estimates at all times and they are required under IFRS. The idea that the use of provisions is irregular (or non-GAAP) shows lack of knowledge or more likely, an intention to mislead. There was very little movement in provisiions from Q4 to Q1 and had no impact on Q1.
Cohodes is no accountant and would have even less knowledge of IFRS as it is not used in the US, where his experience is. Listening to him talk about accounting like he knows something is painful.
And finally, the company received a clean bill of health at the year end audit by PwC (Canadian). Does Cohodes really think he found something that got the partners?