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Help your client prepare a marital balance sheet, value assets, and/or locate hidden assets in their divorce case.

DIVORCE FORENSIC ACCOUNTING

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: 

  • Determine each party’s income available for paying support

  • Calculate child and spousal support owed from one person to the other

  • Identify and assign a value to the couple’s assets and liabilities

  • Prepare a plan of how to divide the assets and liabilities between the couple

  • Assess the value of one (or both) of the spouse’s businesses (ex: dental practice)

  • Account for how joint funds have been spent by each party since separation

  • Trace any pre-marital property to its current location and value

  • Search for hidden assets

  • Compile a marital balance sheet with all assets & liabilities

  • Prepare an expense analysis to see where funds were spent

  • Calculate potential income on rental properties

  • Value stock options and pensions

  • Trace assets between the premarital to post-marital periods

  • Assist in distribution scenarios of assets & liabilities

  • Calculate potential tax effects of proposed settlements 

  • Determine the financial lifestyle during the marriage

  • Determine source of funds (separate & marital)

  • Help with budgeting & cash flow analysis

  • Prepare a settlement analysis

  • Testify as an expert financial witness at trial

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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.