Add-Backs & Financial Reconstruction - Family Court Accountant UK
Identification of personal expenditure run through the business and financial reconstruction of the matrimonial pot.
Business-owning spouses sometimes fund personal lifestyle through company accounts. Add-backs identify expenditure that should be treated as personal benefit and added back to available capital for distribution.
Financial reconstruction presents an adjusted picture of resources after add-backs, related-party transactions, and assessment of whether business debts are commercially genuine.
Methodology
| Step | Detail |
|---|---|
| Business account review | Analyse company expenditure for personal benefit items |
| Add-back calculation | Quantify expenditure to be added back to available capital |
| Debt analysis | Assess commercial reality of business loans and liabilities |
| Reconstruction report | Present adjusted financial position for the court |
Frequently asked questions
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