Evaluating Law Practices Involved in a Divorce Matter (Part 1)

The following is an excerpt from “Income Reconstruction: A Guide to Discovering Unreported Income,” published by the American Institute of Certified Public Accountants. It provides insight into how a Forensic Accountant would trace nondisclosed income in one particular type of business. Overview of Law Practices:Reporting Income It is important to understand how law practices account…

Euphrasia Van Camp, Respondent, v. Frank Van Camp, Appellant/Euphrasia Van Camp, Appellant v. Frank Van Camp, Respondent

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA* Case Cite: 53 Cal. App. 17, 199 P. 885Date: May 26, 1921Court: Second Appellate District, Division One This case involved apportionment of community and separate property business interests Background: In March of 1916, when Frank Van Camp married Euphrasia, he was the president and general manager…