Divorce forensic accounting services fall into four categories:
1
Identification of assets, liabilities, & income
2
Determination of the nature of assets & liabilities
3
Valuation of assets, liabilities, & income
4
Division of assets, liabilities, & income
Among other functions, a CPA may:
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Determine each party’s income available for paying support
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Calculate child and spousal support owed from one person to the other
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Identify and assign a value to the couple’s assets and liabilities
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Prepare a plan of how to divide the assets and liabilities between the couple
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Assess the value of one (or both) of the spouse’s businesses (ex: dental practice)
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Account for how joint funds have been spent by each party since separation
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Trace any pre-marital property to its current location and value
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Search for hidden assets
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Compile a marital balance sheet with all assets & liabilities
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Prepare an expense analysis to see where funds were spent
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Calculate potential income on rental properties
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Value stock options and pensions
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Trace assets between the premarital to post-marital periods
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Assist in distribution scenarios of assets & liabilities
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Calculate potential tax effects of proposed settlements
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Determine the financial lifestyle during the marriage
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Determine source of funds (separate & marital)
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Help with budgeting & cash flow analysis
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Prepare a settlement analysis
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Testify as an expert financial witness at trial
Get Started with Carson Madison
1
Schedule a consultation with a forensic accountant.
2
Upload requested documents to our secure upload.
3
Carson Madison begins work on your case.
