Navigating Divorce Finances: The Role of a Forensic Accountant

1 min read
Source: Forbes
Navigating Divorce Finances: The Role of a Forensic Accountant
Photo: Forbes
TL;DR Summary

Forensic accountants are increasingly being hired in divorce cases to analyze assets, income, and spending patterns. These specialized accountants help uncover crucial financial information that can impact the division of marital assets. With the rise in late-life divorces and the ease of moving money online, more people are finding the cost of hiring a forensic accountant worthwhile. These professionals also play a significant role in fraud investigations, valuing business interests, tracking hidden assets, and dissecting financial frauds. The demand for forensic accountants is growing, with an 18% increase in certified fraud examiners since 2018.

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