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An independent qualified auditor should confirm that the statements accurately reflect a company's financial performance.

The CSF regime allows eligible companies to make share offers through a platform which is operated by an AFS licensee.

The decision prompted a figurative line-out for Premiership Rugby, who launched a review into the salary cap regulations.

The ATO is targeting lump sum payments by medical practitioners, asking the question, "what is the payment truly for?"

The ATO will use foreign bank information to recover unpaid tax from taxpayers who have not declared foreign income.

A well-executed forensic audit offers a thorough investigation into an allegation or area of concern in an organisation.

To avoid a direct lie, a fraudster may try hedging, omitting crucial facts, or feigning forgetfulness and ignorance.

Any auditor who wishes to sign off on audit reports for SMSFs must be an 'approved SMSF auditor', registered with ASIC.

A successful interview combines skills from a highly trained internal auditor with those of an experienced investigator.

The Full Federal Court of Australia has clarified resoundingly the law of privilege against self-incrimination and/or exposure to penalties (the Privilege) as it applies to partnerships.

The Corporate Law Economic Reform Program ( Audit Reform and Corporate Disclosure) Bill 2003 was introduced into Parliament on December 4, 2003. The Bill is the culmination of several years’ work. The Bill deals with various aspects of corporate governance, the most notable being the introduction of provisions relating to auditor independence.

The recent changes lifting the threshold for financial reporting for proprietary companies have highlighted the fact that many smaller unlisted public companies, whose reporting obligations have not changed, are subject to similar financial reporting and auditing obligations as large listed public companies under the Corporations Act.

The amnesty provides incentives for businesses to self-correct historical errors relating to compulsory superannuation.

ASIC has initiated criminal proceedings against auditors or their company for failure to comply with auditing standards.

ASIC recently issued some warnings that should be taken into account when preparing upcoming half-year financial reports.