Family Law and Divorce Engagements - Part 1, 2, and 3
Overview:
This CPE course can be purchased individually or as part of the Specialized Forensic Accounting Certificate.
When families go through divorce and separation, complications beyond accounting and valuation can arise. A forensic accountant should be an impartial party, one who knows the laws, rules, and regulations surrounding the various intricacies within family law. Through narration by an industry subject matter expert and practical scenario exercises, this three-part CPE course describes factors that should be considered in a family law engagement. Each module also touches on nontraditional family law items such as personal goodwill and hidden assets.
Enhanced On-Demand Format
This enhanced on-demand format offers meaningful and relevant content in the form of tables, charts, and discussion points on slides. An instructor who is an expert on the topical area breaks down complex topics, offers best practices, provides clarity, and shares insights that help the learner achieve the learning objectives for the course.
LEARNING OBJECTIVES
Part 1
- Compare the different roles of a forensic accountant in family law cases.
- Compare the impact of equitable distribution versus community property law on the valuation of marital property.
- Identify methods for asset tracking and recognize their importance in a divorce case.
Part 2
- Identify methods for asset valuation and recognize their importance in a divorce case.
- Identify the types of alternative dispute resolution.
Part 3
- Identify the issues affected by income in family law matters.
Major Topics:
Key Topics
- Role of forensic accountants in family law
- Marital versus separate property
- Asset tracing
- Goodwill and methods to quantify personal goodwill
- Stock options and retirement plan valuation
- Calculating child and spousal support