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During the lifetime of a business, a financier may request that a security assessment be carried out. A security assessment involves a comprehensive review of the value of the assets that are subject to security interests. The assessment focuses on the tangible assets of the business; however, the intangible assets are commonly also taken into […]
A pre-lending review is often required by a financier when a business seeks a new loan or seeks to change or add to their existing loan facilities. The aim of the pre-lending review is to provide the financier with assurance that potential risks associated with provision of finance to a client have been identified, addressed […]
An Investigative Accountant’s Report (IAR) is often required when: a business seeks to obtain finance there is a breach of finance facilities In preparing the IAR, the Investigating Accountant will conduct a review of a business’ current, historical and projected financial performance and position. Any assumptions and accounting policies adopted by the business, applicable to […]
At Brisbane Debt Solutions, we understand that individuals accept appointments on boards of sporting, religious, educational, medical, social and other community clubs with the objective of operating a successful not for profit organisation. We also understand that such roles may involve various complications such as: Disputes among members of the board Lack of available regular […]
Are you finding it difficult to pay your taxation debts? Hardship If you are experiencing serious hardship, the Australian Taxation Office (ATO) may assess your eligibility to be released fully or partially from payment of particular tax liabilities. “Serious hardship” is defined by the ATO as “when payment of your debt would leave you unable […]