DATE OF ESTABLISHMENT: 1 July, 1981 NAME OF PRINCIPAL: Philip Ting ACADEMIC QUALIFICATIONS Bachelor of Commerce, majoring in accounting and finance, from the University of New South Wales in 1975; Passed the 1976/1977 Professional Year of the Institute of Chartered Accountants in Australia; and Certificate of Financial Planning, a course organised by the Australian Society of Certified Public Accountants. PROFESSIONAL MEMBERSHIPS Fellow of the Institute of Chartered Accountants in Australia; Fellow of the Taxation Institute of Australia; and Associate of the Australian Society of Certified Practising Accountants GOVERNMENT REGISTRATIONS Registered Public Accountants; Registered Company Auditor; and Registered Tax Agent. PROFESSIONAL EXPERIENCE Prior to 1 July, 1981       Before commencing my own private practice, I worked for a total of 6 years for two chartered accountancy firms who provided auditing, accounting, taxation and secretarial services. Their clientele covered a wide cross section of the business community including: professional practices, primary producers, manufacturers, retailers, developers, investors, restaurateurs, clubs and charity organisations. I was involved in all aspects of the services rendered to the clients including:- assisting in establishing new businesses for the clients advising on the maintenance of accounting records preparing budgets and projected cash flows preparing annual financial statements, reports, annual returns and tax returns auditing some larger private companies, including an unlisted public company advising on various aspects of managing a business      Prior to commencing my practice, I was in charge of a group consisting of 10 companies, operating in the service and manufacturing sectors. The turnover of the group was in excess of $25m. Since 1 July, 1981      The clientele I have established in my practice covers every industry. Hence, the knowledge and experience I gained over the years are similar to my previous employment. In addition, as principal, I am constantly in contact with clients on the matters such as dealing with difficult employees, advising on wages and employees' entitlements, advising on insurance and assisting in claims for loss of stock and loss of profit, advising on credit control, inventory control, business strategies and any other problems clients may encounter in their business, preparing interim accounts, budgets and projected cash flows, assisting in buying and selling businesses, advising on financing and investing; evaluating investment or business propositions; tax effective financial and investment planning; superannuation and insurance planning and advising; attending meetings and conferring with clients' solicitors, bankers and other advisors. We are only too happy to assist our clients with any problems. We treat such problems as refreshing challenges which give us great satisfaction upon their successful completion.