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Forensic Accounting involves the
investigation and presentation of financial information to assist the resolution
of disputes, whether in court or otherwise.
Key areas where the aCkTiF
Forensic has
experience include:
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Compulsory Acquisition of
Land
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When
government or a local authority compulsorily acquires land, there is a
legislative right to compensation. In the case of a business it will be
necessary to examine the loss of profit, whether the business can be relocated
and at what cost, as well as the value of the business. We have given
specialist advice and training on this subject for more than 20 years.
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Trade Practices Claims
- False and misleading representation by a supplier
of goods or services can result in the purchaser sustaining loss. The loss that
is compensable is generally not the same as that if a contract is breached and
it may be necessary to consider a wide variety of issues associated with putting
the claimant back in the position they would have been but for the
misrepresentation. We have produced expert reports in many hundreds of matters
and given evidence before the Federal Court as well as acting as court referred
arbitrators or mediators on the question of damages
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Family Law
– understanding just what assets can be considered as appropriate to be shared.
This can include the value of a business, tax issues, superannuation, etc.
Detailed investigation is often required to trace assets that have been
“hidden”. We have considerable experience in the Family Law field, having
provided expert evidence in matters before the Family Court of Australia and
lectured extensively on family law accountancy issues. We hold membership
of the Australian Institute of Family Law Mediators and Arbitrators and have
been actively involved in mediating Family Law property settlements.
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Contractual Loss
–
When a contract is broken one or more parties may suffer loss. Ensuring
that all potential and actual losses are identified is very important if proper
compensation is to be achieved. We have provided expert reports in over
one thousand matters and have given evidence on these issues in all Victorian
and (many interstate) jurisdictions.
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Other areas with which aCkTiF
Forensic has experience include:
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Complaint resolution procedures |
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Regulatory
investigation |
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Insurance claims |
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Intellectual property |
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Minority oppression |
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Discrimination claims |
As members of the Institute of Chartered Accountants in Australia, matters
delivered by aCkTiF Forensic are covered by Professional Standards
Legislation and liability limited by a scheme approved under that
legislation.
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