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Qualities you want in a forensic accountant

On Behalf of | Feb 28, 2022 | Divorce |

When couples get a divorce, there are often negative feelings. Animosity during the split may spur an individual to act unethically.

Someone may hide money or use another form of financial trickery. A forensic accountant can help uncover such shady behavior before court proceedings occur. Like with your legal representative, you need one that has intrinsic characteristics.

Seek someone with experience

Some forensic accountants focus on criminal conduct, such as embezzlement and money laundering. You want someone who specializes in divorce. The expert you use should have an extensive history of investigating dissolving marriages.

Seek someone with communication skills

The accountant you select could be responsible for explaining weighty financial matters. You want a professional with the ability to simplify complex economic issues. Make sure the person you hire is willing to take extra time to answer nagging questions.

Seek someone with affordable rates

Accountancy specialists often charge hundreds of dollars an hour. While money is sometimes a reflection of quality, this is not always the case. You can pay less and still wind up with a favorable outcome. Ask for an estimate of how much it should cost to handle your case. Remember that courtroom testimony from your forensic accountant may be necessary. Get the final amounts in writing. If you have a tight budget, ask for a guarantee that the final bill cannot exceed a certain threshold.

Separating partners sometimes engage in underhanded tactics. A forensic accountant can help stop these actions from harming you. Protect yourself by hiring one that matches your needs.