Divorce can be emotionally and financially draining, especially when complex assets or hidden income are involved. In high-stakes cases, forensic accounting provides an objective, data-driven foundation for equitable settlements. A CPA trained in forensic methods uncovers financial inconsistencies, clarifies asset ownership, and provides expert testimony if needed.
When to Use Forensic Accounting in Divorce
- One spouse controls business or investment accounts
- Allegations of hidden assets or unreported income
- Significant pre-marital or inherited property
- Suspected dissipation of assets before separation
- Business ownership or valuation disputes
Services a Forensic CPA Provides
- Asset Tracing: Identifies the origin and flow of funds, helping separate community property from separate property
- Income Determination: Analyzes tax returns, bank statements, and expense reports to identify true income, especially when self-employment is involved
- Business Valuation: Determines the fair market value of closely held businesses or professional practices
- Lifestyle Analysis: Compares claimed income to lifestyle expenses to detect unreported earnings
- Expert Witness Support: Testifies in court and explains complex financial findings in plain language
Benefits of Engaging a CPA
- Promotes fair and informed settlements
- Reduces risk of post-divorce litigation
- Ensures accurate support and asset division calculations
Facing a complex divorce? We offer discreet, professional forensic accounting to protect your financial future. Contact us today.