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Common CPA Roles in the Arbitration Process

Larry Feinblum

As a certified public accountant (CPA) with Suchman and Feinblum, Larry Feinblum prepared tax documents for businesses and individuals. In his role as a CPA, Larry Feinblum assisted corporate, small business, and high wealth clients with succession, strategic business planning, and litigation consulting services.

When companies, individuals, or even divorcing couples need to resolve a conflict, court is not the only option. The arbitration process is alternative way to address issues quickly and privately. In arbitration, the disputing parties can select anyone to be the arbitrator or decider of the case. This makes arbitration a more attractive option for cases that require industry-specific knowledge to be decided fairly. Due to their expertise in tax law, financial regulations, and other business matters, CPAs are often invited to serve as arbitrators.

When working as an arbitrator, a CPA will review the positions of both parties and then make a fair and reasoned decision based on the evidence and applicable laws. Further, a CPA’s understanding of technical accounting terms makes their input crucial for attorneys drafting provisions and clauses in arbitration cases. CPAs can also be called to provide testimony or evaluate expert testimony in the neutral “special master” role.

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