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Tips on the efficient use of accountancy experts in family financial proceedings
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Roger Isaacs Milsted Langdon Accountants
In this article Roger Isaacs an experienced forensic accountant and mediator shares tips on the efficient use of accountancy experts in Family Financial Proceedings including:
- the importance of providing a comprehensive letter of enquiry detailing information about the business to be considered its size and any overseas issues.
- ensuing that conflict checks are undertaken early to prevent delays.
- setting a realistic timetable for the proposed expert considering the time it takes for business owners to gather financial information. This can prevent unnecessary extensions later on.
- the importance of considering the need to obtain historical valuations.
- the need to adhere to rule regarding a 40 page limit on expert reports in trial bundles.
- considering an extension for Part 25 questions of clarification to allow sufficient time for a thorough review of SJE reports.
- considering the appointment of shadow experts.
- checking the expert's availability to attend the final hearing especially in the light of TUI v Griffiths.
The full article has published in the March issue of Family Law.
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