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Rift with auditor puts Toshiba at risk of delisting

Markets jittery over Westinghouse probe row as earnings deadline nears

CHIAKI SATO and TAKAKO IWAMOTO, NQN staff writers | Japan

TOKYO -- As a Toshiba in crisis continues to butt heads with an auditing firm over an investigation into Westinghouse Electric, investors fear the conglomerate's possible eviction from the Tokyo Stock Exchange.

Auditors look at earnings reports as well as accounting-related internal controls. Their opinions serve as a guarantee to markets that the financial statements in question can -- or cannot -- be trusted.

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