Reference no: EM132325565
Question
Christina and Jose Garza are in the process of getting a divorce. Christina suspects that Jose is hiding assets to keep them from being considered in the divorce settlement. She has hired a forensic accountant, Rick Harris, to investigate the possibility of hidden assets.
Christina suspects that Jose owns a property in Mexico that he has kept secret from her. Jose has traveled to Mexico on business for years. Several months ago she received a phone call from a man in Mexico who claimed to be a property manager for a property she and Jose owned in Mexico. The man gave only his first name, Julio. Julio mentioned the location of the property, but it was not a place that was familiar to Christina. She has forgotten what it was. When Julio realized that Christina knew nothing about the property, he hung up.
Christina's divorce attorney deposed Jose and asked detailed questions about the property in Mexico and the property manager, but Jose denied knowing anything about them.
During their marriage of 25 years, Jose has had high-level jobs with a multi-national corporation. Christina knew he made a lot of money, but she never knew exactly how much or about any details of the family's finances. Now she feels unprepared to negotiate in the divorce proceedings because she knows so little about the important financial information.
Explain how the forensic accountant should proceed with his investigation for Christina?
If Jose owns a property in Mexico that he has kept secret, what do you think is the probability that the forensic accountant can discover it?
|
Prepare the balance sheet as of december 31
: note payable for $46,200 was issued on June 30, 2018 and is due in two years on June 30, 2020. Interest in the amount of 10% is paid annually on June 30th.
|
|
What is the calculated degree of financial leverage
: Revenue from sales $ 3,500,000 Noncontrolling interest (loss) (50,000) Net income $ 510,000 What is the calculated degree of financial leverage?
|
|
Analyse the competitive intensity of industrial environment
: Critically analyse the competitive intensity of the industrial environment of Lidlin your chosen market. A SWOT analysis is not acceptable
|
|
How might nurses utilizing telehealth benefit from resources
: Identify one of the resources at the CDC Wonder site above and describe how a nurse might use this information in practice. How might nurses utilizing.
|
|
Explain how the forensic accountant should proceed
: If Jose owns a property in Mexico that he has kept secret, what do you think is the probability that the forensic accountant can discover it?
|
|
? what do you think is the optimal role for detection
: In Barb's mind, taking a beverage without paying for it is stealing. Carol agrees, but she doesn't know how it can be prevented.
|
|
Analyse the firms internal environment
: Discuss the rationale for the selection of your chosen market. Your rationale should be justified with a more detailed discussion of your PESTEL analysis
|
|
What amount of loss attributable to this rental real estate
: Cobb, an unmarried individual, had an adjusted gross income of $130,000 in 20x1 before any IRA deduction, taxable social security benefits, or passive activity.
|
|
All kinds is important facet of information literacy
: Using sources of all kinds is an important facet of information literacy and patient education. Sometimes, it's just easier to find video, animation, simulation
|