How a Forensic CPA Can Help
There are sometimes, during the hearing of a case before a judge, when it necessary to use an expert witness. According to The Legal Dictionary.com. an “expert witness is a person who is a specialist in a subject, often technical, who may present his/her expert opinion without having been witness to any occurrence relating to the lawsuit or criminal case.” One type of expert witness is a Forensic CPA (Certified Public Account). A person using this title is someone educated, trained, and licensed to investigate and give qualified reports in the area of audits, accounting, and matters concerning the financial status of a business or individual.
While it would be nice if when there is a legal case such as a divorce the parties involved would always be upfront and honest about their financial dealings, including income, assets, debts,and liabilities, this is not always the case. All too often a party tries to hide financial information from the court in hopes of not having to give or to pay certain obligations to the other party.
During the preparation of a case, such as a divorce, a Family Law Attorney will carefully review information obtained from financial disclosures, interrogatories, discovery,and depositions, in order to gain as much information as possible regarding the financial situation of the opposing party. An attorney will also question his/her client in great depth to learn the opinion of the client. Sometimes discrepancies in financial information are apparent,but sometimes they are not. Sometimes it is just a “hunch” the attorney has to work on. This is where a Forensic CPA will be called on to investigate and report the true finances, both assets and liabilities, of the other party. If evidence is found that can affect the outcome of a case, the Forensic CPA will be called as an expert witness during the case. While it is expensive to use the services of a Forensic CPA, the benefits realized at the final outcomemay more than make up the difference.
If you live in Palm Beach, Martin, St. Lucie, Miami-Dade, Broward, Orange or Hillsborough counties in Florida or Washington DC or New York, Family Law Attorney Grant Gisondo offers a free, initial, in-office consultation where he will answer your question concerning the use of a Forensic CPA as well as share how he can help your case to a beneficial outcome. His office hours are Monday through Friday 9:00 AM to 5:00 PM and Saturday, for new clients, from 8:30 AM to 1:00 PM. You can make an appointment by calling his office at (561) 530-4568.