Dolman Bateman Accountants Sydney
Experts in Forensic Accounting, Specialists in Business & Tax
02 9411 5422
As forensic accountants, we are always involved in litigation matters where a company is being sued. From our viewpoint the following issues are important when suing a company: Does the company still exist. You need to ensure that the company that you are suing still exists and has not being … [Read more...]
Thank you for your interest in the above CLE talk. Adam Giliberti, will simplify the difficult issues which feature in complex damages matters and address: when and why experts use discount rates to calculate economic loss; how damages principles apply in quantifying economic loss; what … [Read more...]
One of the difficulties I have as a business advisor is to persuade business owners to spend less time working in their business and more time working on it. This can be a scary proposition for many business owners, particularly those with deep expertise and experience in the product, market or … [Read more...]
Have you got a customer that is not paying it's bills? How can you tell if a company is in financial trouble? There are a number of signs that a company is in trouble. These include: There is an increase in creditors calling for payment. This can be seen in the financial statements by … [Read more...]
Generally speaking, damages awarded for compensation for loss of profits will be taxable in the year of the receipt (note 1). In calculating those damages, income tax is deducted from the calculated losses on the assumption that the lost profits would have attracted tax (note 2). To ensure that the … [Read more...]
As a forensic accountant, it is often not difficult to see when a business is in some kind of financial distress. This is usually apparent from reviewing the Financial Reports for the business. However, it is a much more difficult task to determine the point in time when a business has … [Read more...]
Financial Reports are typically associated with accountants. This term can be found in the Corporations Act (“the Act”). Section 295 of the Act specifies that an annual Financial Report consists of: the Financial Statements; the Notes to the Financial Statements; and the Directors’ … [Read more...]
