Divorce rates in the United States fluctuate between 40 and 50 percent, ranking it 6th amongst countries with the highest divorce rates in the world. In fact, it is estimated that there is a divorce every 13 seconds in America. When a marriage ends, the separating couple and all of….
Attorneys across the globe turn to forensic accountants and their expertise to assist in their efforts as they navigate their clients’ legal disputes and potential litigation. Often called upon either before litigation or during litigation, forensic accountants are tasked with the role of lending their specialized understanding and knowledge of….
From corporate fraud investigations to marital asset disputes to a myriad of other financial issues in between, legal proceedings often require an expert to analyze, investigate, and interpret complex financial data and information. A forensic accountant has the unique knowledge and skillset that will offer a legal matter crucial insight….
Forensic accounting, sometimes referred to as financial forensics or forensic accountancy, is a specialty practice area where accounting skills are utilized to investigate potential embezzlement or fraud through the analysis of financial information. This information is then eventually used in actual or anticipated legal proceedings, like litigation or disputes. In….
The process of hiding assets in the event of an upcoming divorce or a current divorce is all too often commonplace in today’s world. In many cases where a divorce is imminent, high net worth individuals are tempted to hide assets from their partner in an attempt to conceal and….
Mediation in a divorce setting involves the meeting of a divorced couple, where issues are discussed with the help of a neutral third party, known as the mediator. Some of these issues that are discussed include child support, taxes, the distribution of assets and liabilities, child custody and parent time,….
Contrary to popular belief, the commonly repeated “fact” that half of all marriages in the United States end in divorce is only loosely true. In fact, divorce rates have actually slowed over the last couple of decades, giving reassuring hope to many who are down on the concept of marriage…..
While the forensic accounting profession has technically been around since the early 1900s, the evolution of the industry has been drastically transformed in light of progress in the economy, society, and technology. This progression has opened the doors to the massive importance of forensic accounting investigations in all types of….
Waste Management, Inc. is a comprehensive waste company that was founded in 1894 in North America by Larry Beck. The company went public in 1971 and by 1972, the company was generating about $82 million in revenue and had made 133 acquisitions. The company offered environmental services to almost 20….
Ellrich, Neal, Smith & Stohlman, P.A. opened our Miami office last summer and we are proud to announce that over the last year we have truly established ourselves in Florida’s most thriving city. Located in the heart of downtown Miami, our forensic accounting firm serves clientele from all walks of….