The use of third party information is a reality of building an expert witness report. Compiling our areas of expertise with that of others can elevate findings and create a well-rounded, comprehensive report. But not all sources of information are created equal – and the Courts have strict requirements for what third party information is acceptable and what isn’t. In this article we look at the growing trend for an expert’s reliance on third party sources and the perception by the Court.
Hearing the words ‘Division 7A’ is often accompanied with a twinge of anxiety – and for good reason. This area of tax legislation is incredibly complex, and for family businesses, Division 7A can be a particularly difficult concept to navigate.
If your SME is facing a compulsory land acquisition, a forensic accountant may be able to help with strategic advice and specialist analysis
While much of the country is now open, businesses are still navigating the impact of COVID-19 – largely without the assistance of State and Federal Government pandemic-focused support. Therefore, insolvency is an unfortunate and potential reality for many.
Deceased estates are often a complex situation to navigate, especially when the death of the individual was unexpected, leaving behind issues which can lead to spouses, siblings, extended family, friends and business partners entering into a dispute over the assets to be distributed.
COVID-19 has cast uncertainty around the value of an earn-out where the business’ financial performance is being impacted by current abnormal trading conditions, either adversely or favorably.