In Tennessee Divorce, Value of Dentist’s Patient Files May Be Excluded
Tennessee business valuation law case summary – Dental Practice. Tennessee divorce and family law from the Tennessee Court of Appeals. Joy Henly McKee v. Jeffrey Elson McKee – Tennessee Divorce Business Valuation Case – Dentist’s Goodwill It is well established that under Tennessee law, personal goodwill is not considered a marital asset when evaluating a.. read more →
Expert Witness Engagement Letter | Bare Bones for New Experts
Recently, a very nice man asked my help with an expert witness engagement letter for his first engagement. This was for a product liability action. He hopes to do more in the future. I agreed. Since it was his first agreement and he really wanted this first gig, I included helpful terms to which a lawyer should not.. read more →
Valuing a Dentist’s Dental Practice Under Tennessee Divorce Law
Valuing a Dentist’s Dental Practice Under Tennessee Divorce Law If one party to a divorce owns a dental practice, Tennessee courts often place a value on the practice. The court then divides the value between the two parties as part of the marital estate. Both parties are given an opportunity to present expert testimony at.. read more →
Family Lawyers Should Know Forensic Accountants’ Ethics and Standards
What family lawyers should know about forensic accountants’ ethics and standards to prepare for cross-examination in divorce cases. Experienced forensic accountants will tell you that some of the most devastating cross-examinations can be about ethics and standards. Accountants’ ethical guidelines and standards are rules created to protect the public and clients. For the accounting.. read more →
AICPA’s Independence Requirement for Forensic Accountants | Rule 101
The AICPA’s independence requirement for forensic accountants creates an opportunity for family lawyers to cross-examine inexperienced experts on tough potential conflicts of interest. AICPA’s Code of Professional Conduct requires all CPA’s must be independent: ET Section 101 Independence Rule 101—Independence A member in public practice shall be independent in the performance of professional services as.. read more →
Valuation & Division of Accounting & CPA Firms in Tennessee Divorce
Valuation & Division of Accounting & CPA Firms in Tennessee Divorce Spouses of Accountants Divorcing Needs Expert Witness to Value & Divide Firms and Practices and Goodwill Issues An accounting practice is often considered marital property when two parties divorce, which makes its value subject to division between the two parties. When determining whether to split.. read more →
AICPAs Code of Professional Conduct Rule 102 for Forensic Accountants
The AICPA’s Code of Professional Conduct Rule 102 applied to forensic accountants requires integrity and objectivity. But can a couple’s tax CPA testify on behalf of one client against another? In addition to independence, AICPA’s Code of Professional Conduct Rule 102 requires that a CPA maintain integrity and objectivity: ET Section 102 – Integrity and.. read more →
Valuing a Lawyer’s Legal Practice & Law Firm in Tennessee Divorce Law
Valuing a Lawyer’s Legal Practice & Law Firm in Tennessee Divorce Law A lawyer’s spouse must prove that the lawyer’s legal practice fits within Tennessee’s statutory definition of marital property if the spouse wants compensation for the value of the practice during a divorce. If the legal practice is found by a Tennessee court to.. read more →
How a CPA Becomes a Forensic Accountant in a Tennessee Divorce Case
In Tennessee divorce and family law cases, CPAs often get their first clients because of the high demand for their services. CPA’s usually start their careers in tax or audit, but forensic accountants are born out of the limitations and frustrations in those careers. CPAs become forensic accountants after taking courses, tests, and meeting certification.. read more →