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Defending IRS Cash Based Audits – Guilty Until Proven Innocent: The Case for Using a Forensic Accountant

Withum

Why a Forensic Accountant? Using a forensic account is essential in developing a strategy to handle and defend the findings of a cash-based audit. However, before delving into how they can assist counsel and the client, it’s essential to define what a forensic accountant is.

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A Forensic Accountant As a Consultant

FraudFiles

Forensic accountants are often retained in litigation as expert witnesses, with the intention that they will provide expert opinions and testimony on behalf of the client. The forensic accounting consultant and counsel are free to explore potential strategies and evaluate which might provide the best outcome for the client.

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Do-It-Yourself Divorce Financial Analysis

FraudFiles

Hiring a forensic accountant for your divorce is expensive. If you can’t afford a forensic accountant, what can you do when you receive all the financial discovery in your divorce case? First, the documents you’ll need: Tax returns and W-2s. Look at the tax returns page by page.

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Making Forensic Accounting Accessible With the Divorce Money Guide

FraudFiles

I’m so excited to be able to make forensic accounting accessible to ordinary people in the process of divorce. We all know how expensive it can be to hire a forensic accountant. If you can’t hire a forensic accountant but need to dig into the numbers in your divorce, this is the next best thing.

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The Difference between Bookkeeping and Accounting

SMBAccountant

Forensic accountants research financial transactions to uncover fraud. Managerial accountants work to collect and compile data used to make management decisions. Tax accountants specialize in IRS law and completion of tax returns. to review performance and profitability.

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Analyzing Business Tax Returns in Divorce Cases

FraudFiles

Tax returns can be one of the most important pieces of information a forensic accountant evaluates in a divorce case. Of course, there are other very important financial documents, but income tax returns provide summary information about of lot of financial issues, including income, expenses, and assets.

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What to Expect During a Fraud Examination

Anders CPA

When a company suspects fraud may be happening, a forensic accountant is typically hired to investigate further through a fraud examination. A forensic accountant can be incredibly useful in applying their skills to detect potential fraudulent transactions, but there is no substitute for intimate knowledge of the business.