Dolman Bateman Accountants Sydney
Experts in Forensic Accounting, Specialists in Business & Tax
02 9411 5422
In Zhang v Golden Eagle International Trading Pty Ltd and Ors [2006] NSWCA 25, loss of superannuation was calculated at 11% of the net loss of earnings. This is effectively a short cut to calculating loss of superannuation in personal injury cases because superannuation is 9% of an employee's … [Read more...]
We have been amazed at the number of people who are being asked to sign a "Statement of No Advice" by their financial Advisors. Why would the advisors ask you to do that? They don't have to take responsibility for their advice. If they don't want to take responsibility why would you … [Read more...]
We were recently engaged by the liquidators of a security company to determine the value of goodwill arising from the transfer of the business to a phoenix company. A phoenix company is where business operations are transferred from one company to another to avoid having to meet liabilities to … [Read more...]
We were engaged recently to determine a daughter's future needs in respect of her father's estate. The daughter was unmarried and self employed as a writer. Her earnings fluctuated as you would expect with a professional writer, but she did earn a reasonable income on average. There was … [Read more...]
The payroll is the largest expense area for many organisations, and one which should be controlled carefully. Nevertheless, payroll fraud accounts for 17% of all fraudulent disbursements suffered by organisations. There are three main types of payroll fraud – Ghost Employees, Overcompensation, and … [Read more...]
We were recently engaged to calculate the economic loss of a taxi operator who was significantly injured in a motor vehicle accident and was off work entirely for around 3 months. Background The plaintiff argued to his solicitor that he had lost a fortune as a result of the accident. His tax … [Read more...]
One of the most common forms of employee fraud that we have been seeing for quite some time involves access to internet banking. Businesses often have two signatories for company cheques but allow full single user access to their internet banking. The result is an accident waiting to happen. An … [Read more...]
