Independent reports

Moore Stephens has extensive experience in preparing clear, concise and well-considered Independent Reports that meet tight reporting timeframes.

Moore Stephens specialises in preparing both Independent Expert's Reports and Independent Accountant's Reports prescribed by regulations, or recommended for good corporate governance.

Independent Expert's Reports

The preparation of an Independent Expert's Report requires specialist valuation skills to assess the fair value of an asset, as well as commercial acumen to evaluate the transaction's advantages and disadvantages to shareholders.

Our Independent Expert's Reports are provided by public companies to shareholders in assisting them to understand the merits of a proposed transaction, and whether or not to approve it. They provide an objective opinion as to whether a proposed transaction is fair and reasonable to the affected shareholders.

Independent Accountant's Reports

Moore Stephens prepares Independent Accountant's Reports on both historic and forecast financial information for companies seeking to:

  • list on the ASX and other securities exchanges
  • raise equity or debt
  • undertake a takeover transaction.


Our role typically includes:

  • reviewing historical and forecast financial information including the assumptions underpinning the forecasts and/or normalisation adjustments
  • resolving accounting and taxation issues as they arise, including potentially complex acquisition accounting and financial instrument classification issues
  • liaising with the offer manager, lawyers and other professional advisors
  • assisting with satisfying the requirements of the ASX, ASIC and other regulatory authorities
  • acting as a member of the due diligence committee