Business Damages Concepts and Calculations

Available Anytime
Location: Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
$75.00 Regular Price
Nonmembers
$95.00 Regular Price
Product Code: AI23-FAIE-SBDC
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Accounting

Overview:

This CPE course can be purchased individually or as part of the Specialized Forensic Accounting Certificate.

Calculating the amount and type of business damages is a difficult and exact science. There are various methodologies, types of matters, and contexts in which business damages should be calculated. Through narration by an industry subject matter expert and practical scenario-based exercises, this CPE course examines the appropriate methodologies to employ when calculating damages and identifying the factors that affect the business damages calculation.

Enhanced On-Demand Format

This enhanced on-demand format offers meaningful and relevant content in the form of tables, charts, and discussion points on slides. An instructor who is an expert on the topical area breaks down complex topics, offers best practices, provides clarity, and shares insights that help the learner achieve the learning objectives for the course.

Objectives:

Learning Outcomes

  • Identify the contexts and types of matters where business damages arise.
  • Determine the appropriate methodologies to employ to calculate economic damages.
  • Identify considerations for calculating each type of economic damage.
  • Determine the appropriate additional factors impacting the calculation of damages.
  • Identify factors impacting the present value of damages.
  • Identify methods for determining the concluded value for damages.

Major Topics:

Key Topics

  • Types of disputes that lead to damages
  • Measuring business damages
  • Calculating business damages
  • Economic versus concluded damages


Prerequisite:

Foundational knowledge of forensic accounting