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Term: Accounting -> Litigation Support/Dispute Resolution
Term:

Litigation Support/Dispute Resolution

Definition:

A service that CPAs often provide to attorneys - e.g., expert testimony about the value of a business or other asset, forensic accounting (a partner stealing from his other partners, or a spouse understating his income in a matrimonial action). The lawyer hires the CPA to do the investigation and determine the amount of money stolen or understated.

Related terms:

Noninterest-bearing note payable

Financial Schedule

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