When Should You Use a Forensic Accountant?

Forensic accountants analyze financial records to not only understand what the documents say, but also what information might be missing or misleading. They read “between the lines” to help identify inconsistencies, finding hidden assets, or discover omissions and outright fraud. In a divorce case, a forensic accountant can be helpful if your spouse won’t make a full financial disclosure or may be hiding assets or income. Making Sense of Financial Documents Some spouses will delay providing financial documents or deliver an unorganized pile of documents. Forensic accountants can get an understanding of what’s really going on, especially in high net-worth divorce cases. If everything isn’t adding up, a forensic accountant can help track the discrepancies. For example, if your spouse’s tax returns don’t match their personal financial records, there may be hidden income hiding somewhere. Hidden Assets or Income Business owners have a lot…

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