Following the Money Trail: Forensics in Family Law
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Following the Money Trail: Forensics in Family Law
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In this episode, Gerard Virga interviews forensic accountant Josh Shilts, who shares his journey into forensic accounting and its critical role in family law. They discuss the importance of understanding accounting principles for family law attorneys, the differences between regular accounting and forensic accounting, and the significance of integrity in the profession. Josh emphasizes the need for collaboration between forensic accountants and attorneys to resolve disputes effectively and the challenges faced during testimonies in court. In this conversation, Josh Shilts and Gerard Virga discuss the intricacies of family law, particularly focusing on the role of forensic accountants, common financial issues in divorce, and the valuation of businesses. They emphasize the importance of understanding financial dynamics in family law cases, the need for transparency in financial disclosures, and the impact of digital assets like Bitcoin. The discussion highlights the collaborative effort required between lawyers and accountants to achieve fair outcomes for clients.