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The Role of Forensic Accounting in a Divorce

 
  Sherry Rahbar, Partner, CFO Edge, LLC  
   
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  Article Summary  
While a rebounding economy delivers many benefits, there is a significant societal drawback: more divorces.

Recent studies have shown that the recovering economy is accompanied by an increase in divorce rates in the U.S., and some experts see couples with marital problems moving forward with divorces as job and personal economic prospects brighten.

In most cases, one spouse - whether wife or husband - is frequently referred to as the financially dominant spouse, and this is based on that spouse being the primary financial decision maker and earner.

If you are working with a client or know a colleague who is facing a divorce and is not the financially dominant spouse, it is critical for this person to be able to identify all assets owned by the couple.

This article describes areas requiring attention along with services a forensic accountant delivers in a divorce scenario.

A forensic accountant experienced in providing divorce forensics in greater Los Angeles and Southern California can provide significant value by identifying all marital assets owned by the couple, and thereby help a client receive the portion of assets he or she is entitled to receive by law.

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