Our latest insights

The release of global sustainability reporting standards, elevated activity from regulators, and the ever-increasing pressure from stakeholders on the ESG agenda have all contributed to a general raising of expectations on the progress of Sustainability Reporting.

Accounts payable and payroll fraud conducted by employees is an issue that can have a negative impact on businesses. Detecting and investigating these types of fraud requires a systematic approach to identify irregularities, gather evidence, and take appropriate action against the perpetrators.

To minimise the impact of fraud in Australia and globally, we are promoting anti-fraud awareness and education with a series of articles during International Fraud Awareness Week. This article is the first in our series and takes a closer look at the most commonly experienced types of fraud, the warning signs, and fraud detection.

When there is commingling of assets, as often seen in family law or commercial disputes, it can become difficult to identify asset ownership and asset value. In these instances, asset tracing is used to determine the source of the asset and how the asset has been used prior, and in the course of the dispute.

This article is the second in a series where we discuss the stages of a payroll remediation project.

Quantification of losses in insurance claims often rely upon assumptions instructed or adopted by an expert.

AASB 2020-3 amends AASB 116 to prohibit entities from deducting from the cost of an item of Property, Plant and Equipment, any proceeds from selling items produced while bringing property, plant and equipment to the location and condition necessary for it to be capable of operating in a manner intended by management. Instead, these proceeds and related costs are required to be recognised in profit or loss.

In the fast-moving ESG (Environmental, Social and Governance) movement, the last few years have seen a proliferation of sustainability reporting frameworks all intended to help organisations make meaningful disclosures in relation to sustainability and other non-financial information.

Schools and education facilities are not immune to fraud and misconduct. It can be in the form of theft, misappropriation of funds, or the granting of contracts to known associates of key people.

Expert evidence – in both written form in the witness box – is a critical element of any legal proceedings. However, it is an Expert’s conduct in the witness box under cross-examination that is often the most commented upon by the Court through the judgments published.

With soaring building costs and interest rates on the rise, builders and property developers are seeing their margins eroded and losses accumulating from development projects.

In many legal disputes where a business is involved, the value of the business is integral to the outcome of the dispute. But is it the value of the business that is required, or the value of the entity which operates the business?