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Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 304 / 352

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© D.L. Crumbley

Net Worth Application

$610,000

420,000

$190,000

23,000

$167,000

$87,000

64,000

$23,000

$421,000

310,000

$111,000

21,000

$90,000

$81,000

60,000

$21,000

$225,000

225,000

0

11,000

$62,000

51,000

$11,000

Calculated Net Worth1

Computed Net Worth2

Net Asset increase

Unexplained net worth increase

Income

Expenses

Net asset increase

2005

2004

2003

1 Actual Net Worth recalculated based upon actual assets less liabilities.

2 Net Worth based upon reported income less expenses.

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