FVC1904. Business Interruption Accounting for Causality

Area of Expertise: 
The Experienced Pro
Field of Study: 
Accounting
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of, or general experience in, forensic accounting, business valuation, or litigation

Monday, November 4, 2019
 
2:35PM-3:50PM

Often there is a need to consider causality in measuring business interruption losses. It may mean isolating the effects of wide-area damage caused by a disastrous catastrophe, accounting for changing economic conditions, or accounting for business model changes. This course will start with a precursor explaining the purpose of business interruption insurance policies and then advance to illustrate best practices in isolating cause and effect in measuring such losses.
Learning Objectives:

  1. Prepare document and information requests, and conduct research, relevant to accounting for causation in measuring business interruption losses;
  2. Implement tools and analytical techniques for isolating and excluding the effects of external factors in measuring business interruption losses;
  3. Articulate coverage questions and speak to relevant case law pertaining to accounting for causality in measuring business interruption losses.


SESSION SPEAKER(S)

CPA, CFF
Senior Vice President | J.S. Held LLC
JD
Partner | Zelle, LLP