For Australian company directors
Business Financial Health Check
A practical self-assessment to identify common signs of financial pressure and whether the company’s position warrants closer review.
Before you begin
Complete the check using current information
Answer each question based on the company’s current circumstances and information that is reasonably current and reliable. Your result will identify possible signs of financial pressure that may warrant closer review.
- General guidance only. The health check does not review the company’s books and records or determine whether the company is solvent.
- Use your best current information. The questions are not exhaustive and may not capture every relevant circumstance.
- Private by design. No selected answers are sent or stored by the health check itself.
Read the full important information
This health check is a general early-warning tool. It uses the answers selected to identify possible signs of financial pressure.
The questions are not exhaustive. The health check does not verify your answers, review the company’s books and records or consider every matter that may be relevant to the company’s financial, legal or other circumstances.
For the health check to be useful, you should have a reasonable understanding of the company’s current financial position and circumstances and base your answers on information that is reasonably current and reliable.
Any result is indicative only. It does not determine whether the company is solvent or insolvent and does not constitute legal, accounting, taxation or insolvency advice.
If you are unsure about any question, the company’s position, the result or what action may be appropriate, you should obtain specific advice from a suitably qualified professional adviser.
To the extent permitted by law, no responsibility or liability is accepted for any loss or damage arising from the use of, or reliance on, this health check or its results. You should not act, or refrain from acting, solely on the basis of this health check. Nothing in this statement excludes, restricts or modifies any right, remedy or liability that cannot lawfully be excluded, restricted or modified.
You can review and change an answer before viewing the result.
Area 1 of 5 · Cash flow
Answers are not storedChoose the answer that best reflects the company’s current position.
Your health check result
Warning signs identified
The answers selected identified one or more warning signs that should be reviewed in the context of the company’s overall circumstances.
Recommended next step
Review the position early
Consider obtaining professional advice early so the company’s circumstances can be assessed in more detail.
Formal notices and recovery action may involve strict deadlines
A statutory demand, winding-up application, director penalty notice or other formal recovery action should be reviewed promptly. Completing this health check does not suspend or extend any response period.
Review your answersView the responses used to produce this result.
Important: This result is based solely on the answers selected. It is a general early-warning indication only and does not determine whether the company is solvent or insolvent. It is not legal, accounting, taxation or insolvency advice and does not recommend any particular course of action or formal process.
Do not act or refrain from acting solely on this result. Completing the health check or making a general enquiry does not, by itself, create a professional engagement. Any engagement will be subject to separate confirmation of its scope and terms. See the Privacy Policy.