Independent Expert’s Reports in Australia: When ASIC Requires One

An Independent Expert’s Report is more than a compliance document. In many Australian transactions, it is a formal valuation opinion that helps directors, shareholders, regulators, and courts assess whether a proposed deal is fair and reasonable. Under the Corporations Act, ASIC may require an Independent Expert’s Report for takeovers, schemes of arrangement, related party transactions, […]

Voluntary Administration vs Liquidation: A Guide for Australian Directors

For Australian directors facing financial distress, the choice between voluntary administration and liquidation is not only a legal and insolvency decision, it is also a valuation question. Each pathway affects what a business is worth, what a potential purchaser may pay, and whether value can be preserved for creditors, shareholders, and any continuing stakeholders. In […]

Insolvency and Turnaround Advisory in Australia: What Owners Should Know

Insolvency and turnaround advisory matters are not just legal or accounting events, they are critical valuation events. When an Australian business enters voluntary administration, undertakes formal restructuring, or relies on Safe Harbour protections, the question for owners, directors, lenders, and potential buyers becomes immediate and practical, what is the business really worth now, and how […]

Expert Witness Reports in Australia: Meeting the Court’s Code of Conduct

Expert witness reports play a critical role in Australian litigation because they translate complex financial questions into evidence the court can test, rely on, and weigh against competing opinions. In a business valuation context, a well-prepared expert witness report must do more than state a conclusion. It must demonstrate independence, identify the valuation engagement scope, […]

Forensic Accounting vs Business Valuation: What’s the Difference in Australia

Forensic accounting and business valuation are related disciplines, but they serve different purposes, follow different scopes, and answer different questions. In Australia, a valuation engagement is designed to determine market value, fair value, or another defined basis of value for a privately held business, while forensic work is usually designed to investigate contentious financial issues […]