Tuesday, April 19, 2016 3:00-4:15 pm ET (12:00-1:15 pm PT) | Web
Cost $59 | Cancelled
This session will provide the judiciary with an overview of the accepted methodologies of calculating lost profits. It will help to teach the judiciary the accepted terminology and proper application of the various methods so as to gain the ability to better understand the often complex expert testimony in the area.
Why is this topic relevant?
Beyond the issue of liability, judges are called upon to evaluate, in a battle of the experts, both the causal link and amount of profits that were lost due to a litigated event. This session will assist the judiciary in the evaluation of that battle to gain a better understanding of what is really behind all of those numbers flying around.
After this webcast, you will be able to:
- List the accepted methods of lost profits calculations.
- Describe why one method is chosen over another.
- Identify various tips and tricks that might be hidden in the calculations.
Michael G. Kaplan, CPA, cofounder of Kaplan Abraham Burket Associates, Forensic Valuation Consultants; Howard Zandman, CPA, CFF, CFFA, partner at Habif, Arogeti & Wynne, Litigation Support Group; Rebekah Smith, CPA, partner and Director of Financial Advisory Services