Divorce Checklist

Accounting records are the basis for a forensic accountant’s business cash flow and valuation analysis and conclusions. Larger businesses generally have better records. Since most small businesses (generally with sales under $1 million) have insufficient and poorly organized records, more time may be needed to reconstruct their records. Accounting records are also the basis for a forensic accountant’s personal cash flow analysis and conclusions. Unlike businesses, the cash flow of a wage earners is less complicated and more straightforward. However, like businesses, a wage earner can divert community or marital assets or income. As experts providing family law forensic accounting, we simplify complex income and property accounting and financial issues so that attorneys and non-accountants can easily understand them.
TYPICAL BUSINESS DOCUMENTS NEEDED

  • Historical financial statements
  • Income tax returns
  • Bank statements (savings and checking accounts)
  • Images of checks deposited (front and back)
  • Images of checks written (front and back)
  • Credit card statements
  • General ledger detail
  • Accounts receivable ledger
  • Unbilled work-in-process ledger
  • Fixed asset ledger
  • Accounts payable ledger

 

TYPICAL PERSONAL DOCUMENTS NEEDED

  • Income tax returns
  • W2 statements
  • 1099 forms
  • Bank statements (savings and checking accounts)
  • Credit card statements
  • Financing and mortgage account statements
  • Brokerage or investment account statements
  • Real and personal property documents
  • Annual (or most recent) credit report
  • Pension plan accounts
  • Stock in lieu of salary
  • Deferred compensation
  • Incentive stock options
  • Accrued (unused) vacation pay
  • Fringe benefits earned during marriage (even though unvested)
  • Real estate wherever situated
  • Personal property wherever situated (such as vehicles, furniture, boats and collectibles)
  • Community living expenses
  • Separate living expenses
  • Income and Expense Declaration (FL-150)
  • Schedule of Assets and Debts (FL-142)