An Accountancy Corporation
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA A new case typically begins with a phone call from a Family Law attorney who needs forensic accounting assistance on a case. My first action is to proceed with an intake procedure to ensure there is no conflict of interest. I ask for: • The client’s…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Forensic Accounting is the practice of accounting in support of litigation. A Forensic Accountant provides an accounting analysis suitable to the court that will form the basis for discussion, debate and ultimately judicial decision. A Forensic Accountant utilizes specialized accounting skills to conduct an investigation into…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA (Full Article) Background When investment real estate is characterized as community property, it is subject to division upon dissolution. Yet it can be highly impractical or inappropriate for divorced spouses to maintain joint ownership of an investment property. Conflicts of interest, unequal influence over management,…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Not all marital dissolution cases require the services of a Forensic Accountant. However, many of the more complicated cases in this ever complex and changing area of law do. Some of the reasons to retain a Forensic Accountant are as follows: • When unreported or underreported…
Congratulations to Ron Anfuso on becoming an Advisory Board Member of the AACFL’s Los Angeles Chapter! Ron is a Certified Public Accountant as well as a Certified Divorce Financial Analyst. His areas of experience include litigation support services in marital dissolution and civil/commercial litigation matters and Forensic Accounting. We are truly honored to have Ron…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Francis Desouza appealed a post-judgment order that found he breached his fiduciary duty to his former wife Erica. The trial court ordered Francis to transfer Bitcoins and other cryptocurrencies to Erica pursuant to the parties’ judgment of dissolution and to pay Erica’s attorney’s fees…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Greg and Jodie Mohler were married on September 12, 1998, and separated on July 2, 2011. Petitioner (Jodie) filed a Petition of Dissolution on January 25, 2012. Greg filed his response on April 9, 2012. Their trial did not take place until November 15,…
A) State the value of the business at the beginning period B) Determine the rate of return C) Calculate the return on average capital (Capital factor: A x B) D) Determine the reasonable compensation for labor (Labor factor) E) Calculate the total allocation base (Capital plus labor: C + D) F) Calculate the percent of…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Charles Brandes founded BIP in 1974 to provide investment advisory services for fees based on the percentage of the company’s clients’ assets under management. When Charles and Linda met in 1983, BIP managed assets of $8.2 million. His annual income was $44,148. Linda agreed…
In instances where a case cannot achieve an equitable apportionment via Pereira or Van Camp alone, the hybrid Capital Labor Apportionment Model may be the most substantially just method to apply. Download this sample worksheet.