• Establishing Income Available for Support

    Published in Family Advocate – Spring 2024 Financial issues create stress and anxiety for most clients going through the divorce process. How will the assets be divided? Will one party be able to refinance the house and buy the other […]

  • One Minute Primer on Ponzi Schemes

    In this one minute video, Tracy explains how Ponzi schemes work. They are also called pyramid schemes because the constant recruitment of new “investors” creates the shape of a pyramid, with many new investors required at the bottom of the […]

  • Calculating a Business Interruption Claim

    Tracy walks through the process of calculating a business interruption insurance claim, also called a business income loss. When a company is unable to operate for a period of time due to a covered loss (a fire, for example), its […]

  • Learn How to Investigate Fraud

    If you want to learn how to do fraud investigations from a forensic accountant what has over 25 years of experience in the field… here’s your chance! This course is for: Accountants who want to begin doing financial investigations Investigators […]

  • Using the General Ledger to Evaluate a Business

    When a divorce involves a business, we often ask for a copy of the general ledger, which is part of the company’s accounting records. The general ledger includes the details of transactions for a specified period of time. What can […]

  • Using Tax Return Information in Divorce Cases

    Income tax returns and supporting information such as W-2s and pay stubs are the most common and basic documents which evidence income in family law cases. This article discusses the sources of income that are disclosed on a personal income […]

  • Calculating Income in Divorce Cases

    There are four widely recognized methods of calculating income in family law cases. These four methods have been developed for use by the Internal Revenue Service in calculating unreported income in tax cases, and are the primary ways a lifestyle […]

  • A Bankruptcy Investigation Example

    The skills of a forensic accountant can be useful in bankruptcy cases. In this video, Tracy talks about a case in which she was retained by a creditor to examine the finances of the debtor. There were allegations that the […]

  • For Aspiring Fraud Investigators and Forensic Accountants

    I receive many requests for information on the field of forensic accounting, including questions on courses of study, certification, job opportunities, and preparing for a career.  Here are a few quick tips: Establish a background in general business and finance/accounting. […]

  • What to Do When You Are Being Audited and Your Records are a Mess

    How to terrify just about anyone: Tell them their taxes are being audited. Even worse: When their books and records are a mess. (Or maybe even non-existent.) Every number could be scrutinized. That means documentation must be produced to support […]