Sam Antar, former CFO of massive fraud Crazy Eddie, was interviewed by the Wall Street Journal.
Where does a forensic accountant begin when trying to calculate the income available for support in a divorce or child support case? Tracy Coenen talks about some of the issues encountered in trying to evaluate income.
When a spouse involved in a divorce owns a business, the finances of that business must be analyzed. A Business Lifestyle Analysis can be done to determine the true income of the company and find out where the money is really going. In this video, Tracy Coenen talks about how she analyzes the detailed accounting records of a business.
How much does your judge really understand about financial issues? Will he or she be able to sort out cases with complex accounting and finance scenarios? Tracy Coenen and Miles Mason discuss how your expert witness can help the judge understand.
When a divorcing spouse owns a business, it is imperative to dig into the financial records of the business in order to value it and to determine where the money is going. Tracy Coenen and Miles Mason talk about the documents that a forensic accountant needs in order to evaluate the business.
Should forensic accountants and expert witnesses provide services to criminal defendants? Tracy Coenen discusses the work that can be done on the criminal defense side, and a few issues that the accountant should consider before accepting such a case.
Tracy Coenen discusses the early stages of a financial investigation related to a divorce. When evaluating the finances of a business, Tracy explains what to look at first and how those items are analyzed.
Tracy Coenen talks about what it is like to testify at trial as an expert witness.
In divorce cases, forensic accountants can use the “net worth method of proof” to calculate income. This is used to search for hidden or unreported income. Rather than simply taking a spouse’s word for it that his or her income is X, we can do an analysis like this to try to verify the claimed income. This method of proof is one part of a lifestyle analysis, in which we are analyzing the party’s lifestyle and determining if that lifestyle matches the income that is being reported. This video explains the process of completing a net worth analysis.
When a divorce involves a business, we often ask for a copy of the general ledger. This includes the detailed accounting records for a specified period of time. What can we find in the general ledger? Watch the video to find out!