Excellent support and service for matrimonial litigation and disputes.
Matrimonial forensic accounting is a specialized area of forensic accounting that involves the analysis and investigation of financial matters in a divorce or separation case. It is a process that seeks to uncover any hidden assets, income, or financial misrepresentations that may have been made by one or both spouses during their marriage.
The goal of matrimonial forensic accounting is to ensure that both parties have a fair and equitable distribution of their marital assets and income. This process involves reviewing financial documents such as tax returns, bank statements, investment portfolios, and other financial records to determine the true value of the marital estate.
Identifying and Valuing Assets:
We help identify and value all the marital assets, including business interests, investment portfolios, real estate holdings, and other financial assets. Evaluating the income, assets, and expenses of each spouse will help determine a fair distribution of assets and a fair computation of spousal and/or child support.
In cases where one spouse is suspected of hiding assets, we can help trace the flow of funds to uncover hidden assets or income. This can be especially important when a spouse owns a business or has complex financial holdings. Tracing can also be used to determine whether an asset is a marital asset or a separate property asset for a proper division of assets.
Analyzing Financial Statements:
We review financial statements and tax returns to identify discrepancies or inconsistencies that may indicate hidden assets or income, potential tax implications of various property settlements, or support agreements.
Providing Expert Testimony:
We provide expert testimony in court to help clarify financial issues and assist in the resolution of financial disputes.
Other areas we provide dispute and litigation support:
- Shareholder Disputes
- Family Trust & Estate Disputes
- Corporate Conflict Mediation
Protect your and your business’ best interests.
Forensic accounting is a specialized field that involves the use of investigative techniques to uncover financial fraud, embezzlement, or other financial crimes. Forensic accountants are trained to analyze financial data and transactions, identify irregularities or inconsistencies, and provide evidence that can be used in legal proceedings. We conduct individually-tailored fraud investigations for corporations, not–for-profit organizations, municipalities, and other governmental entities to help identify and quantify financial losses.
In addition to investigating any misappropriations, we can also you help your organization try to prevent fraud, by performing an internal control analysis.
We evaluate your current system of internal controls over financial reporting and make recommendations to improve the effectiveness of those controls. Ensuring there is proper segregation of duties and review of the organization’s books and records.
The Bowers forensic team will:
- Analyze financial information
- Analyze internal controls
- Provide expert testimony
“When we decided to sell our Company, we turned to Bowers for assistance with the process. Their advice and counsel went above and beyond our expectations. They advocated for us in so many ways, even generating additional proceeds as well as tremendous tax savings. We will be forever thankful for their efforts.”
Tom Waddle, President - Fastrac Markets