Laserfiche Enterprise Content Management enables organizations to manage information and to automate business processes. Laserfiche can enable the processing and analysis of business information. Key features Laserfiche enables accessibility to documents and folders through a Web Content Accessibility Guidelines WCAG) 2.0 compliant interface. Laserfiche enables the generates searchable text on scanned and electronic documents using […]
Elder abuse is a growing problem in the western world. In Australia there have been a number of instances of children expending all of their parent’s funds or mortgaging their homes without their knowledge, thereby imperilling their future. NSW solicitors whom have been appointed as power of attorney have discovered that children of their clients […]
The ABC programme 4 Corners recently aired the case of a prominent Dubai based money launderer being arrested. The amounts of money laundered were reported to be in the billions of dollars. Funds were laundered by a number of methods including that where money was not actually physically transferred and by invoicing manipulation by importers […]
In the case of Allen v Robbie [2015] NSWCA 247 the Defendant insurer had appealed against the rejection of the forensic accounting report commissioned by it for District Court proceedings. The District Court judge had rejected the Defendant’s forensic accountant report prefaced upon the grounds that he had no special or particular knowledge or understanding […]
There has been a substantial increase in the amount of money expended on poker machines in NSW Australia. Notwithstanding a corresponding increase in the lodgement of suspicious transaction reports it appears that poker machines in pubs and clubs are a relatively easy forum by which funds are laundered. The beneficiaries of the increased gambling funds […]
In the past future economic loss claims were typically calculated to age 65 years, being the normally anticipated time of retirement and which coincided with the entitlement to an age pension. As from July 2023 there will be no entitlement to an age pension until age 67 years. The then Federal Treasurer announced in May […]
The case of David Luis Montgomerie v Michelle Scott [2011] NSWDC 154 involved a personal injury claim by a Plaintiff who was a student in Economics at University. It was contended “that the plaintiff, free of ill health armed with an Economic degree, educated at leading educational institutions with their inherent advantages and attractions to […]
AML policies in the United Kingdom The UK Government has introduced money laundering regulations which apply to business sectors including those of accountants, real estate agents and solicitors. These regulations have not yet been introduced in Australia. Pertinant AML policies Those businesses to which the regulations apply are required to implement controls including the following: […]
Polemic Forensic was appointed by an insurer client to review the file of a medical practitioner claimant whom had claimed income protection insurance subsequent to a medical diagnosis. The claimant had submitted financial information pertaining to the entities through which her business was operated at the time of the claim. However thereafter only business activity […]
A recruitment agency was audited by the Office of State Revenue (OSR). The OSR determined that the agency owed approximately $250,000 in payroll tax, interest and penalties. At issue was the interpretation of the Payroll Tax Act which was amended in 2007 and salient sections pertaining thereto. The objection to the amended assessments was not […]
