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When are CPAs Needed in Divorce Litigation Engagements and What Do They Do?

By Chrissie A. Powers, CPA/CFF, CFE, CVA

Divorce rates are on the rise in the United States and attorneys are retaining CPAs to assist them in complex financial issues. CPAs are engaged typically as a consultant or expert witness in Family Law matters. Divorces are an emotional event as the parties often are hostile or seeking revenge. The CPA must render an unbiased opinion and act in the best interest of the client and the court.

The types of services that CPAs perform in Family Law Matters include: spousal support calculations, preparing the Statement of Assets, Liabilities and Net Worth, identifying and tracing separate property, and determining true economic income. Often times the CPA may be required to value a closely held business, too.

The CPA must use her expertise to communicate to the client and the court, helping them to understand the complex tax laws or other accounting issues at hand. The CPA may assist the attorney during negotiations in reaching a settlement; provide deposition or testimony at court. Contact Chrissie A. Powers, CPA/CFF, CFE, CVA to learn more about how she can help with marital dissolutions / divorce at 614-745-5192.

Chrissie A. Powers, CPA/CFF, CFE, CVA

Chrissie A. Powers, CPA/CFF, CFE, CVA

Powers Forensic Accounting, LLC

421 West State Street, Suite 216
Columbus, OH 43215


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