Accounting standards and interpretations for litigators

In recent years director and auditor performance has become the subject of numerous litigation matters. These matters usually involve claims that:

the directors issued a financial report that was materially misstated and not in accordance with the relevant Australian Accounting Standards; and
the auditor issued the wrong audit opinion on financial statements having failed to perform the audit in accordance with the requirements of Australian Auditing Standards (ASAs).

Our guide to the accounting standards and interpretations relevant to these litigation matters

In our publication we set out the key accounting standards and their relevance to accounting failures often claimed in litigation matters.