PRG-Schultz International Inc (PRGX)

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PRG-Schulz cites qualification by audit firm

March 29, 2006 17:36:21 (ET)


LOS ANGELES, March 29 (Reuters) - Audit firm PRG-Schultz International Inc. (PRGX,Trade) on Wednesday said its annual report for the fiscal year ended December 2005 contained a going concern qualification from its independent registered public accounting firm.

The qualification stated that the realization of assets and the satisfaction of liabilities are dependent on, among other things, the company's ability to return to profitability to complete a planned restructuring and other business.