What is the Role of a Forensic CPA in an Orlando, Florida Area Divorce Case?
- June 10, 2020
- ontarget
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What is the role of a Forensic CPA in an Orlando, Florida area divorce case? The definition of a Forensic CPA is a specialized accountant that examines tax and business records to identify irregularities that can impact major criminal and civil cases. They often use forensic accounting to detect and/or find evidence of embezzlement, corruption, and other financial crimes. The Forensic CPA is an expert that can testify in court. The expert Forensic CPA is an advocate for the truth and facts. The Forensic CPA understands what information the judge needs in order to make an informed decision. A Forensic CPA is accustomed to testifying in court; and therefore, he/she knows how to present his/her facts in a clear, concise, coherent, and understandable manner. The Forensic CPA does this by answering the questions that are elicited by the attorneys on direct and cross-examination of him/her. The Forensic CPA testimony is based on the facts that he/she finds in his/her investigation and review of the financial records and data of the case.
The Forensic CPA can evaluate your spouse’s business. They can review and determine whether your spouse has truthfully reported his/her business income on his/her financial affidavit and business tax returns. The Forensic CPA will examine the spouse’s cash flow on a monthly basis. They examine bank records, credit card statements, assets, and debts.
A Forensic CPA can trace the assets that one spouse may have transferred to a relative, friend of paramour in order to avoid paying their spouse their fair share of the assets inequitable distribution.
A Forensic CPA can also make determinations as to one spouse’s need for alimony and the other spouse’s ability to pay alimony. These are critical factors in determining whether a spouse is entitled to alimony; and how much alimony should be paid, if any.
If you have more questions regarding a Marital and Family Law matter, you may call Ann Marie Giordano Gilden at Ann Marie Giordano Gilden, P.A. at 407-732-7620 and set an initial consultation. You may also visit my website at: https//:www.AnnMarieGildenLaw.com
This article is for informational purposes only; and it does not form an attorney client privilege.