Description
This course provides an overview of the different methods used to analyze and quantify economic damages in business.
Designed For
- New and seasoned financial professionals who want to expand their skillset and explore a growing niche practice area.
Objectives
- Define economic damages.
- Summarize the types of disputes which involve claims for economic damages.
- Describe the role of the financial forensics professional in analyzing claims for economic damages.
- Apply the relevant professional standards to engagements to quantify and present economic damages.
- Distinguish the general methods used to quantify economic damages.
Highlights
- Introduction to economic damages
- Key components of an economic damages analysis
- Five methods for calculating lost profits
- Calculating lost business value
- Calculating other types of economic damages