Hello drewfess684-ga,
The job of a forensic accountant, with respect to litigation in
general, is to practice accounting in support of litigation. Most if
not all of the following description applies to forensic accounting in
matrimonial dissolution or divorce cases:
"The CPA can verify the existence of hidden, deferred or transferred
income, validate claims of separate property, determine disposal
income and the standard of living and identify transmuted property.
He or she can also identify personal assets acquired by a small
business and ascertain its unreported income."
"Forensic Accounting: Performing Autopsies on Paper", by Robert Vance,
CPA, CVA, CFP
Memphis Divorce
http://www.memphisdivorce.com/forensicacctautopsy.html
As another page explains:
"After a Forensic Accountant is retained for a marital dissolution
case, he or she typically would:
Assist the attorney in defining the accounting matters
Assist the attorney with discovery requests
Summarize and analyze financial data and transactions
Prepare reports and declarations
Perform complex business valuations under family law rules
Attend depositions to support opposing witness examination
Assist in settlement negotiations
Assess tax aspects of proposed settlements
Assess issues for trial
Prepare court exhibits for trial
Testify as an expert witness in trial, if necessary
Support attorney in witness cross examination at trial
Review judgment for accuracy of findings."
"About Forensic Accounting"
Ron J. Anfuso, CPA/ABV
http://www.anfusocpa.com/Questions_and_Articles/What_is_Forensic_Accounting/what_is_forensic_accounting.html
One certification available for forensic accounting is Certified
Insolvency and Reorganization Accountant (CIRA):
"To complete the requirements for the CIRA, the accountant must have
attained at least five years of professional accounting experience.
These five years must be spent in a public accounting firm and 4,000
hours must be accumulated in insolvency and reorganizational
accounting. The actual exam for the CIRA is different from any other
certification in the accounting profession. There are three parts to
the exam. The areas of concentration are: financial reporting and
taxes; managing turnaround and bankruptcy cases; and plan development
and accounting. Each part costs approximately $500 and includes an
actual course of study followed by a exit examination. Each section
is registered for and attempted separately."
"Forensic Accounting Defined"
Scott's Home Page
http://www.concentric.net/~dfillmer/forensic.htm
[Note: A link to this page appears in "Commerce and Business", Our
Future (Newsday), http://future.newsday.com/9/fprob12.htm ]
For even more specific information on requirements, plus an
application and schedule of courses, see:
"AIRA Conference/CPE Information"
Association of Insolvency and Restructuring Advisors
http://www.airacira.org/2cirainfo.html
I hope that this information is helpful.
- justaskscott-ga
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