Michael Churchill BAdmin Grad Dip FSIA CPA MAICD
Founder and Director
Michael is a business valuations specialist who has undertaken assignments in a wide range of industries - from telecoms and infrastructure, entertainment and manufacturing to intellectual property in technology-based businesses.
Michael’s 20 year career has included corporate advisory roles with KPMG and Leadenhall Australia Ltd, establishment of a second tier firm’s advisory arm, and corporate finance partner with PricewaterhouseCoopers.
- Michael’s primary expertise includes:
- Valuations for tax, financial reporting, litigation and strategy
- Commercial advice on purchase and sale of businesses and litigation.
- Strategy development for new investments and early stage businesses / projects
- Identification of cost savings and development of realization plans.
- Michael’s skill base includes:
- Development of activity based costing models
- Review of legal agreements for purchase/sale of shares/businesses, infrastructure operating agreements (BOO/BOOT schemes) and outsourcing arrangements for financial modelling and evaluation
- Due diligence investigations relating to major asset and share purchases
- Board reporting on shareholder value and interaction with director/executive remuneration
- Development of litigation strategies to support major commercial litigation involving tax and contractual disputes
- Presenting to audit committees on external reporting matters relating to tax, asset accounting and director/executive remuneration
- Provision of expert testimony in the Federal and Supreme Courts
- Preparing ASX-listed companies for the adoption of International Financial Reporting Standards (IFRS) in the areas of asset accounting and director/executive remuneration.
- Recent accomplishments include:
- Identification and realisation of $50m annual savings from restructure and integration of a subsidiary operation
- Identification and realization of $25m annual savings from a review of outsourcing strategies for design and construction contracts
- Valuation and strategy support for a major investment which resulted in the client saving $700m for an asset for which it expected to pay $1bn
- Capital restructure of an early-stage technology developer resulting in major capital introduction and change in shareholder base
- Assisting a client gain an additional $100m per annum tax depreciation resulting from re-valuation under the tax consolidations regime
- Successful forensic accounting and valuation support to a client involved in a $1.2bn legal claim.
