Valuation & Division of Accounting & CPA Firms in Tennessee Divorce

Valuation & Division of Accounting & CPA Firms in Tennessee Divorce Spouses of Accountants Divorcing Needs Expert Witness to Value & Divide Firms and Practices and Goodwill Issues An accounting practice is often considered marital property when two parties divorce, which makes its value subject to division between the two parties.  When determining whether to split.. read more →

AICPAs Code of Professional Conduct Rule 102 for Forensic Accountants

The AICPA’s Code of Professional Conduct Rule 102 applied to forensic accountants requires integrity and objectivity.  But can a couple’s tax CPA testify on behalf of one client against another? In addition to independence, AICPA’s Code of Professional Conduct Rule 102 requires that a CPA maintain integrity and objectivity: ET Section 102 – Integrity and.. read more →

Valuing a Lawyer’s Legal Practice & Law Firm in Tennessee Divorce Law

Valuing a Lawyer’s Legal Practice & Law Firm in Tennessee Divorce Law A lawyer’s spouse must prove that the lawyer’s legal practice fits within Tennessee’s statutory definition of marital property if the spouse wants compensation for the value of the practice during a divorce.  If the legal practice is found by a Tennessee court to.. read more →

Engaging a Consulting or Testifying Forensic Accounting Expert Witness

In Tennessee divorce and family law cases, family lawyers and their clients should engage a forensic accountant to serve as either a testifying or consulting expert.  But which? Once the decision to hire a particular forensic accountant is made, one of the first decisions you’ll face is whether or not the expert will be a.. read more →

How a CPA Becomes a Forensic Accountant in a Tennessee Divorce Case

In Tennessee divorce and family law cases, CPAs often get their first clients because of the high demand for their services.  CPA’s usually start their careers in tax or audit, but forensic accountants are born out of the limitations and frustrations in those careers.  CPAs become forensic accountants after taking courses, tests, and meeting certification.. read more →

How to Become a Forensic Accountant | What to Read and Research First

How to Become a Forensic Accountant. What to Read and Research First Miles Mason, Sr., JD, CPA advises CPAs thinking about a new career in forensic accounting. How to Become a Forensic Accountant | What to Read and Research First Forensic Accounting is cool. After having taught forensic accounting to judges, lawyers, and CPAs about forensic.. read more →

Searching for Hidden Assets in Tennessee Divorce | Forensic Techniques

When searching for hidden assets in Tennessee divorce, family lawyers need to review complicated financial documents including tax returns, financial statements, and complex compensation documentation.  Forensic accountants help Tennessee divorce and family lawyers and their clients by employing a forensic accounting methodology and choosing among an unlimited number of techniques.  The “Eyeball and Smell Tests” are two of the.. read more →

Valuing a Doctor’s Medical Practice Under Tennessee Divorce Law

Valuing a Doctor’s Medical Practice Under Tennessee Divorce Law Valuation of a medical practice requires a business appraiser or business valuation expert witness and knowledge of Tennessee divorce law regarding the particular type of professional practice. In Tennessee divorce law, a doctor’s spouse has the burden of proving that the doctor’s medical practice fits within.. read more →

When Tennessee Doctors Divorce: Medical Practices Divided

When Tennessee Doctors Divorce: Medical Practices Divided In Tennessee divorce and property division law, medical practices can be divided as marital property. Large sums of money are typically at issue when a couple files for divorce and one of the parties owns a medical practice.  In Tennessee, a doctor’s medical practice qualifies as marital property,.. read more →

Discover Hidden Assets and Uncover Hidden Income in Tennessee Divorces

Forensic accountants help discover hidden assets and uncover hidden income in Tennessee divorces for divorcing spouses and their lawyers.  As the forensic accountant works a divorce case, they can perform many tasks and functions.  Without being instructed, forensic accountants know to look for hidden assets and undisclosed income.  Here is a complete discussion of services forensic accountants can perform.. read more →