An Accountancy Corporation
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Allen Johnson (petitioner) and Jessica Johnson (respondent) were married for 18 years. Prior to their marriage, Allen had invested in 16 properties. His life task was to buy properties and then remodel, rent and hold, or sell them. I served as the forensic accountant for Allen.…
Receiving a Request for Services By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA When we receive a request for services from an attorney, I do the following: • Ask for the basic information on the case. • Get the name of both parties, and who is the petitioner and the respondent. • Obtain the…
John Lawler (Petitioner) Versus Carol Lawler (Respondent) Forensic Accountants’ Positions and Ruling by the Court Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA In the previous newsletter, I discussed the stipulations agreed upon by the parties for this trial, as well as a brief mention of the positions the forensic accountants would need…
Ron’s Corner In issue 68 of Forensic Accounting Today, I briefly discussed a case involving reasonable compensation in which I prevailed. This was a complex case involving the purchase of several accounting practices by Petitioner both before and after the couple’s date of separation. I have decided to devote this and at least one following…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Industry-Specific Databases The specific databases I have subscribed to for several years are surveys of attorneys, physicians, and accountants. Although some accountants may not obtain these surveys due to their cost, I subscribe because each provides a wealth of information that enables me to more accurately…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA I always inform judges, attorneys and clients that business valuation is not an exact science. Two of those areas that require some subjectivity when valuing a business are the determination of reason- able compensation and the risk associated with the business. The means by which to…
Ron’s Corner This is an article I never had planned to write. However, I felt compelled to do so due to the incompetent accounting I have recently witnessed. Lately, I have been involved in cases in which the opposing attorneys hired inexperienced accountants. In some instances, accountants created a mess for the other attorneys’ clients. Here…
In re Marriage of Nakiya Ramsey and Steven Holmes Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Second Appellate District Background Nakiya Ramsey and Steven Holmes were married in October 2007 and separated in April of 2015. They had two children. The family lived in the home at issue from February 2005 until…
Buyer’s remorse in family law occurs when one party, after agreeing with the court’s findings, decides he or she was unhappy with the ruling. In this case, Susan, the respondent, moved for an order to set aside judgment based on her opinion that Kevin, the other party, provided false information in the Declaration of Disclosure.*…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA The Trial Court’s Decision Fred and Jill Smith were divorced in 1986. They had one child, for whom Fred was ordered to pay child support. Fred fell into arrears and, at the time of the Court of Appeals hearing, owed $190,000. His trial court request…