APS 11 Statement of Forensic Accounting Standards and the related Guidance Note GN2 – Forensic Accounting have been approved by the Board of the Institute and the Board of CPA Australia.  
 
The initiative for these guidelines came from the Institute’s Forensic Accounting Special Interest Group as the principal aims of that group are to assist CAs to maintain high professional standards when acting as forensic accountants, and to promote a better understanding of the value of forensic accounting services to those who use or rely upon the work of expert accountants.  
 
While the Institutes’s general Code of Professional Conduct sets very high standards that all members are required to observe, it was thought that a guide specifically tailored for those working in this area would be of even greater benefit and would demonstrate to the users of these services a commitment to quality.  
 
APS 11 specifically addresses issues of independence, skills and competence, reasonable care, confidentiality, professional behaviour and incorrect or misleading information. It also covers issues of quality control, the use of estimates and other court imposed standards. Remuneration is also addressed.  
 
The Guidance Note offers practical guidance to members in some of the areas covered by APS 11, and provides additional direction regarding the roles and duties of independent accounting experts and consultant accounting experts, engagement issues, communications and meetings, reports and appendices, etc.  
 
Miscellaneous Professional Statement  
APS11 - Statement of Forensic Accounting Standards  
 
Joint Guidance Notes 
GN2 - Forensic Accounting