By virtue of the financial training and experience they receive, CPA’s are uniquely qualified to provide
valuable assistance to divorcing spouses and their attorneys. Orange County Forensic Guys has over 28 years experience in the field as a CPA.
The primary services a CPA provides in a divorce context are as follows:
After obtaining and reviewing all the required documents and questioning both spouses on income and living expenses, there may be a concern that the opposing spouse is hiding income and/or assets. This may necessitate a forensic examination of the personal financial records of the opposing spouse
and/or the records of any closely held businesses. Orange County Forensic Guys has 13+ years experiences as expert forensic witness on such matters.
When preparing the schedule of assets, liabilities and net worth, estimates of the fair market value of some of the assets and liabilities may be required. Valuation experts may be consulted to attain the value of these items. Orange County Forensic Guys is a licensed Certified Valuation Analyst (CVA), with over 8 years experience, specializing in the areas of business valuations, ownership allocations, goodwill analysis and community/separate property issues.
Once the schedule of assets, liabilities and net worth has been established, the CPA is generally asked to assist in allocating the assets and liabilities. This is done as most feel the CPA is the most qualified to prepare allocation proposals, based not only on the values of the assets and liabilities, but also on their tax implications. This is difficult, especially when factoring in child support and alimony payments.
Orange County Forensic Guys is ready to assist you with this difficult process. With our years of experience, we deal ethically with a great deal of judgement, a strong knowledge of state divorce laws and an understanding of the tax issues involved in property settlements.