The Statement: “my spouse is (or has been) hiding assets of substantial amounts”. The Big Question: “what will you do to be certain we find them? ALL of them!” First answer: call your favorite forensic accountant!
By John Quirk: One of the frustrating things in divorce cases for victims of divorce, lawyers that represent divorcing couples, forensic accountants and even marriage counselors is how to locate and even more important, how to recover hidden assets in overseas secret bank accounts and financial institutions.
Deconstructing Electronic Evidence: What Is It in Layperson's Terms - Sources of Evidence and Electronic Evidence Procedure. (Part 1 of 2)
Deconstructing Electronic Evidence: What Is It in Layperson's Terms - Sources of Evidence and Electronic Evidence Procedure. (Part 2 of 2)
It is clear that all of the organizations stress training and experience to award the various designations or accreditations. However, it is the expert who must analyze the data, research the industry, review the comparable transactions and place a value on the business. Understanding the Business Valuation Credentials Alphabet.
Whether a case involves a divorce, a minority stockholder suit, partnership dissolution, insurance claim – it is usually very important (many times the most important financial aspect of a situation) to determine the real income of a business entity, how much the business owner is making.
In many marital dissolution cases, a forensic accountant is not required. So when does a forensic accounting expert become necessary?
You should be applying the same scrutiny you give your legal documents to the financial information provided to you by financial professionals, such as CPA’s, MBA’s, PhD’s, etc.
What is the role of a forensic accountant when performing Financial Asset Tracing and/or a Lifestyle Analysis in a divorce? How are these analysis utilized by matrimonial attorneys?