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Critically analyse the Balance Sheet and Income Statement of Clive Peeters Ltd using Horizontal Analysis and Beneish ratios to detect fraud red flags, for the

  1. Critically analyse the Balance Sheet and Income Statement of Clive Peeters Ltd using Horizontal Analysis and Beneish ratios to detect fraud red flags, for the financial year ended 30 June 2008.
  2. The judgement in R v Causer refers to evidence provided by forensic accountants to the Court.

REQUIRED

(a) Briefly discuss how the common law principles which guide the consideration of expert evidence by the Courts in Australia, address the fundamental responsibility of professional competence and due care.

(b) Discuss the investigative method(s) you could apply to acquire the necessary evidence to prove the theft committed by Sonya.

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