Financial Forensics Clinics
Co-Sponsored by the National Association of Certified Valuators and Analysts®
Deep Dives into the Leading Financial Forensic Areas of Practice
Unlike most financial forensics training that tends to be general in scope, these programs are a deep dive into methodologies, approaches, investigative techniques, communication skills, and practice building strategies that are being employed by successful and emerging financial forensics analysts.
- Bankruptcy, Insolvency, and Restructuring
- Business Valuation in Litigation
- Business and Intellectual Property Damages
- Business Interruptions and Lost Profits
- Commercial Damages and Lost Profits
- Cybersecurity: Analysis, Risks, and Actions
- Forecasting and Modeling
- Matrimonial Litigation
- Personal Injury
- Wrongful Death

This Financial Forensics Clinic focuses on work that practitioners may be called upon to perform when working in bankruptcy, reorganization, and insolvency. It is structured to provide a solid introduction to the laws, regulations, and administrative aspects of corporate bankruptcy, and culminates with forensic financial analysis and the litigation environment.
- Differentiate the specific valuation standards, approaches, methods, and issues relating to distressed and/or restructured businesses and related litigation
- Select the financial and regulatory reporting issues regarding distressed businesses
- Identify the accounting issues that arise before, during, and after reorganization, including “fresh start” accounting
Individual Part Details and Registration (Full Course Registration Below)
Part 2: Fraud, Financial Forensics, and Special Investigations
Part 3: What is Required by the Court for Reorganization
Part 4: Bankruptcy Avoidance, Reclamation, and Recovery Actions
Part 5: Solvency and Insolvency Testing
2025 Virtual Course Schedule | |||||
Dates | Time |
10% Early Registration Discount Deadline |
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July 7–11, 2025 | 1:00–4:00 p.m. ET |
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6/30/2025 | ||
October 6–10, 2025 | 1:00–4:00 p.m. ET |
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9/30/2025 |
Non-Members $1,160; Members $1,044 | 15 Hours CPE

Self-Study Course | |||
CPE: 15 Hrs |
Price: $1,116/$1,018 Members Purchase the Self-Study here. This course qualifies for NASBA QAS Self-Study credit. Purchasers also receive a copy of Bankruptcy and Insolvency Accounting, Volume 1: Practice and Procedure by Grant W. Newton with free domestic shipping. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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This must have training is for every business valuator. That’s because most valuation work is performed at the behest of an attorney and that usually means there is potential for litigation or litigation is already in the works. This course is designed to prepare you for the inevitable and put you in a place where you can be a valuable resource for the attorney providing him/her counsel, not the other way around. To be at the top of your game, you need to attend Business Valuation in Litigation and are selling yourself short if you don’t. This course will unquestionably enhance your expertise and put you in the driver’s seat when it comes to merging your business valuation skills within the litigation context after attending the cornerstone course in NACVA’s premiere Financial Forensics Clinic series. This Clinic addresses the critical dynamics and challenges faced by professionals in this specialized field.
Key topics covered in the Clinic include:
- Business Valuation Conclusions and Calculations: Understand the nuances of reaching accurate and defensible valuation Conclusions or Calculations and which is most appropriate in which situations and how do they play in a litigation scenario.
- Controlling the Professional Standards Discussion: Stay up to date with the latest professional standards governing business valuation in litigation.
- Notable Case Law: Examine significant case law that shapes and influences business valuation practices in the legal arena.
- Differing Approaches to Reporting in Litigation: Explore various reporting methods and their appropriateness for different litigation contexts.
- Traditional and Situation-Specific Standards of Value: Learn how to apply both traditional and specific standards of value to meet the unique needs of each case.
- Key Issues Impacting business valuations in Litigation: Delve into critical issues that can affect business valuation outcomes in litigation.
Join us for this comprehensive Clinic and gain the knowledge and skills necessary to excel in this most needed and profitable side of the business valuation discipline. Whether you're a seasoned professional or new to the field, this Clinic offers valuable insights and practical guidance from seasoned pros in this field that without question, will enhance your practice.
How You Will Benefit
After completing this course, attendees will be able to:
- Describe standards of value and approaches peculiar to shareholder disputes and other related litigation-based valuations
- Identify legal concepts relating to business valuation in professional engagements
What You Will Cover
Individual Part Details and Registration (Full Course Registration Below)
Part 2: Standards and Premises of Value in Dissenting Shareholder, Bankruptcy, and Divorce Litigation
Part 3: Reviewing and Challenging the Opposing Expert’s Report—Developing Effective Cross-Examination Strategies
Part 4: Opposing Experts Without Standards—What to Expect and How to Challenge Them
Part 5: Tax Issues in Litigation-Based Valuations
2025 Virtual Course Schedule | |||||
Dates | Time |
10% Early Registration Discount Deadline |
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March 24–28, 2025 | 1:00–4:00 p.m. ET |
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2/28/2025 |
Self-Study Course
CPE: 15 Hrs |
Price: $986/$888 Members Purchase the Self-Study Course here. This course qualifies for NASBA QAS Self-Study credit. |
CPE Hours
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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This Financial Forensics Clinic focuses on the legal foundations, methodologies, best practices, and current trends in business damages and infringement of patents, trademarks, copyrights, and other intellectual property.
- Differentiate between the similarities and differences in utility patent, design patent, trademark, copyright, and trade secrets damages
- Select valuation concepts to intellectual property damages
- Identify the basic components to address in an intellectual property damages expert report
Individual Part Details and Registration (Full Course Registration Below)
Part 2: Special Considerations for Lost Profits Calculations
Individual Part Details and Registration (Full Course Registration Below)
Part 3: Patent Damages and Lost Profits
Individual Part Details and Registration (Full Course Registration Below)
Part 4: Royalty Damages
Individual Part Details and Registration (Full Course Registration Below)
Part 5: Patents, Trademarks, Copyrights, and Trade Secrets Damages
Individual Part Details and Registration (Full Course Registration Below)
Virtual Course Schedule | |||||
2025 Dates | Time |
10% Early Registration Discount Deadline |
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April 28–May 2, 2025 | 1:00–4:00 p.m. ET |
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3/31/2025 |
Self-Study Course
CPE: 15 Hrs |
Price: $986/$888 Members Purchase the Self-Study Course here. This course qualifies for NASBA QAS Self-Study credit. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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- Foundations and Fundamentals: Understand the core principles underlying business income and extra expense damages.
- Alternative Approaches and Methodologies: Learn various approaches and methodologies to accurately assess and calculate business damages.
- Notable Insurance Policy Sections: Familiarize yourself with key insurance policy sections relevant to business income and extra expense claims.
- Foundational Evidence and Research Sources: Discover essential evidence and research sources to support your assessments and findings.
- Reporting Guidelines and Strategies: Explore effective reporting guidelines and strategies used by leading business damages experts to ensure clarity, credibility, compliance, and positive results.
- Identify how the policy will impact the policyholder during the damage period
- Interpret relevant business interruption policy language
- Construct top down and bottom up damage calculations
- Distinguish the differences between the two methods of business interruption calculations
- Identify common business interruption opportunities
This course discusses who can represent the insured in a business interruption loss claim and why. We will discuss the beginning stages of the business interruption loss claim engagement from initial contact with the adjuster and the insured, gathering data, site visits, as well as discussing and deciding on the insured’s best plan of action during the period of restoration. This course covers the initial stages of the process, including:
- Initial Contact: Learn the best practices for establishing initial contact with the adjuster and the insured to set the stage for a collaborative and transparent process.
- Gathering Data: Discover effective techniques for collecting necessary data, including financial records, business operations information, and relevant insurance policy details.
- Site Visits: Understand the importance of conducting thorough site visits to assess the physical damage and gather firsthand information that supports the claim.
- Planning the Restoration: Engage in discussions to determine the best plan of action for the insured during the period of restoration, ensuring a strategic approach to minimize losses and expedite recovery.
By the end of this discussion, you'll be equipped with the knowledge to effectively represent the insured in a business interruption loss claim, ensuring that their interests are protected and their claims are accurately and comprehensively presented.
How You Will Benefit
After completing this course, attendees will be able to:
- Identify what information and documents to request from the insured and how to deal with, and overcome, any hurdles in the information gathering stage of the engagement
- Discuss and aid the insured in making decisions on operations, mitigation, and understanding the insurance coverage, limitations and exclusions
Business interruption claims can vary drastically due to the type of damage and company involved. In many cases, the policy itself determines how the damage claim will be determined and how the policyholder should proceed. This course will discuss the relevant policy language and what it means to the policyholder as well as the financial expert when determining damages. This course covers:
- Relevant Policy Language: Examine key terms and provisions in business interruption policies that impact the assessment of claims. Understand how these terms define coverage, exclusions, and the calculation of losses.
- Impact on the Policyholder: Learn how policy language influences the actions the policyholder must take following an interruption. This includes understanding notification requirements, documentation of losses, and compliance with policy conditions.
- Role of the Financial Expert: Discover the critical role financial experts play in interpreting policy language and determining the extent of damages. Gain insights into the methodologies used to evaluate business interruption losses in line with policy provisions.
- Case Studies and Examples: Explore real-world examples to see how different policy wordings affect claims outcomes. Analyze case studies to understand the practical application of policy terms in various business interruption scenarios.
By understanding the nuances of business interruption policies, both policyholders and financial experts can better navigate the claims process, ensuring accurate and fair determination of damages.
How You Will Benefit
After completing this course, attendees will be able to:
- Explain how to review insurance policies for key information
- Determine extra expense and how it is quantified
- Explain analyze damages during the period of restoration
- Analyze how to allocate expenses between business income and extended business income
- Identify key exclusions of coverage
- Determine what to do if there is co-insurance
In many cases, damages exist during the period of restoration. This course focuses on how to determine the period of restoration, the damage period, as well as an overview of how damages will be determined. This course focuses on:
- Defining the Period of Restoration: Understand the criteria for establishing the period of restoration, including the start and end dates. Learn how to interpret policy language and relevant regulations that influence this period.
- Identifying the Damage Period: Differentiate between the overall period of restoration and the specific damage period. Discover methods to accurately pinpoint when damages occurred and how long they lasted.
- Assessing Damages: Gain insights into the process of determining damages within the period of restoration. Explore various approaches and methodologies used to calculate lost revenues, additional expenses, and other financial impacts during this time.
- Factors Influencing the Period of Restoration: Examine factors that can extend or shorten the period of restoration, such as delays in repairs, supply chain disruptions, and regulatory requirements. Understand how these factors affect the overall damage assessment.
- Best Practices and Strategies: Learn best practices for documenting and justifying the period of restoration and the associated damages. Discover strategies for presenting this information clearly and convincingly to insurers, adjusters, and other stakeholders.
By mastering the determination of the period of restoration and the assessment of damages, you can ensure a comprehensive and accurate evaluation of business interruption claims, providing fair and just compensation to policyholders.
How You Will Benefit
After completing this course, attendees will be able to:
- How to review insurance policies for key information
- Understand extra expense and how it is quantified
- How to analyze damages during the period of restoration
- Attendees will be able to allocate expenses between business income and extended business income
- Identify key exclusions of coverage
- Determine what to do if there is co-insurance
This course discusses the two methods of business interruption loss claim calculations, how they are calculated, and their differences. We will discuss the definition of extra expenses and learn to identify which extra expenses are acceptable and unacceptable in a business interruption/extra expense claim. We will go through a case study using both the Net Income and Gross Profit Methods of business interruption/extra expense calculations. This course covers the two primary methods and their distinctions, including:
- Net Income Method: Learn how to calculate business interruption losses based on the net income the business would have earned had the interruption not occurred. Understand the key components, such as fixed costs, variable costs, and net profit.
- Gross Profit Method: Explore the gross profit method, which focuses on the gross profit margin and the impact of the interruption on the business's ability to generate revenue. Understand how to account for ongoing expenses and the cost of goods sold.
- Differences Between Methods: Compare and contrast the Net Income and Gross Profit Methods to understand their applications, advantages, and limitations. Learn when to use each method based on the specific circumstances of the claim.
- Defining Extra Expenses: Gain a clear definition of extra expenses incurred due to the business interruption. Learn to identify which extra expenses are acceptable (e.g., temporary relocation costs, overtime wages) and which are not (e.g., long-term capital improvements).
- Case Study Application: Work through a case study that applies both the Net Income and Gross Profit Methods to a hypothetical business interruption scenario. Analyze the calculations step-by-step to see how each method yields different results and how extra expenses are factored into the claim.
By understanding these calculation methods and their applications, you can ensure precise and justified business interruption claims, providing essential support to policyholders during recovery.
How You Will Benefit
After completing this course, attendees will be able to:
- Identify and describe the two methods of business interruption loss claims and understand their differences
- Define and identify acceptable extra expenses
- Calculate the business interruption/extra expense loss using both methods
Self-Study Course | |||
CPE: 14 Hrs |
Price: $745/$679 Members Purchase the Self-Study Course here. This course qualifies for NASBA QAS Self-Study credit. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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This Financial Forensics Clinic focuses on the foundations and fundamentals of business damages measurement, including alternative approaches and methodologies, notable code sections and case law, foundational evidence and research sources, and reporting guidelines and strategies embraced by the most effective business damages experts.
- Apply the traditional methodologies used for economic damages
- Explore and evaluate alternative approaches in the measurement of damages
- Apply models used in the measurement and presentation of economic damages
- Identify sources of information, economic, and industry data
- Integrate the use of statistical and economic concepts into damages models
- Discuss case law that impacts damages measurement
Price
Non-Members $1,160; Members $1,044 | 15 Hours CPE
CPE Hours
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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In this Financial Forensics Clinic, learn how to effectively manage a financial investigation from start to finish. The focus will be on the nuts and bolts of conducting a fraud investigation, teaching practical forensic accounting techniques to prove what happened, who was involved, how much money is gone, and where the money went. Evidence management, analytical tools, presentation of findings, and testifying in court will also be covered.
- Understand the classification of fraud schemes and some of the most common financial frauds
- Identify documents and evidence necessary to complete a fraud investigation
- Apply investigative techniques in fraud investigations
- Present the results of a financial investigation in writing and through testimony
- Brief introduction to fraud and core concepts: fraud triangle
- Occupational fraud schemes: types of schemes, characteristics of them, statistics
- Signs of fraud: accounting irregularities, control weaknesses, change in behavior or lifestyle, etc. (i.e., how do you know that you might have a fraud on your hands)
- Evaluating fraud tips
- Skills of a fraud investigator: typical backgrounds, education, licenses
- Differences between audits and investigations
- Beginning an engagement: types of engagements, civil versus criminal
- Working with attorneys and other experts
- Professional standards and guidance
- Assessing the engagement: what services does the client need, are you qualified, who is suspected, when can we start, what documents are available, etc.
- Engagement letters: including budgets, fees, and what to include in the engagement letter
- Obtaining evidence: subpoenas, interrogatories, discovery requests
- Document production: assisting with discovery requests, dealing with deficient productions, etc.
- Discovery issues
- Assembling the team: key participants, company insiders, outside consultants
- Management and supervision of staff
- Work programs and checklists
- Federal rules of evidence regarding expert witnesses
- Types of evidence: direct versus circumstantial
- Commonly overlooked documents
- Managing and preserving evidence: chain of custody, document logs, controlling access to documents, key documents file
- File maintenance
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Searching for fraud: starting the investigation depending on whether there is already known fraud or whether there is uncertainty about fraud
- Analytical review and financial ratios
- Common accounts used to hide fraud: write-offs, adjustments, miscellaneous, etc.
- Issues with manual disbursements
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Investigative techniques
- Sources of information: internal records, private records, public records
- Background checks: corporate, individual
- Relationships between people: case study on skip tracing
- Public records sources and searches
- Surveillance
- Digital data analysis: case study on Bedford’s law
- Computer forensics
- Interviewing
- Confirmation with customers and vendors
- Being creative in investigations
- Data analysis: qualitative and quantitative analysis
- Reviewing financial statements and records
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Investigation of asset misappropriation schemes: what is the scheme, what are the red flags that it is occurring, how might it be detected, techniques used to investigate it
- Cash receipts schemes: skimming, larceny, check kiting
- Cash disbursement schemes: expense report theft, register disbursement, check/EFT tampering, vendor schemes, shell companies, billing schemes, pay and return, payroll fraud
- Non-cash schemes: inventory theft, equipment theft, trade secrets/customer info theft, misuse of company assets
- Case study on asset misappropriation
- Preventing asset misappropriation
- Investigation of corruption schemes: bribes, kickbacks, extortion, conflicts of interest, related party transaction, money laundering, FCPA
- Preventing corruption
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Investigation of financial statement fraud
- Revenue overstatement
- Channel stuffing and round tripping
- Asset overstatement
- Liability and expenses understatement
- Reserve manipulation
- Misrepresentation or omission of information
- Improper recording of mergers and acquisition
- Off balance sheet schemes
- Use of judgment and estimates by management
- Preventing financial statement fraud
- Investigation of external fraud schemes: corporate espionage, investment/pyramid schemes, securities fraud, hidden income or assets, insurance fraud, bankruptcy fraud, elder abuse
- Writing your report: what to include/exclude, explaining contradicting evidence
- Things to include: background of case, documents analyzed, procedures performed, opinions, attachments
- Presenting evidence: using data visualization, charts, graphs (inclusion of words, pictures, numbers)
- Draft reports
- Making a mistake: what to do if you make a mistake in the report and discover it later
- Opposing expert reports: analysis, response, using it to support your own report, some engagements only include this element
- Responding to a motion in limine/Daubert challenge
- Deposition: how to prepare, demeanor, how to answer questions, what to do with unexpected questions, what if you make a mistake
- Trial: how to prepare, direct examination, cross examination, presenting to judges and juries
- Being prepared for an appeal
- Maintaining file materials after resolution of the case
- Professional liability issues
- Alternative dispute resolution: participating in settlement conferences, mediation, arbitration
- Follow-up by victim: what to do with your results (internal discipline, civil action, criminal action, prevention activities, etc.)
2025 Virtual Course Schedule | |||||
Dates | Time |
10% Early Registration Discount Deadline |
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June 2–6, 2025 | 1:00–4:00 p.m. ET |
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5/31/2025 |
Self-Study Course
CPE: 15 Hrs |
Price: Non-Members: $986; Members: $888 Purchase the Self-Study Course here. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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- In-Depth Overview: Understand statutes, frameworks, and professional standards essential for assessing cybersecurity risk.
- Best Practices: Learn industry best practices for enhancing business operations and cybersecurity capabilities.
- Current Trends: Stay updated with the latest trends and developments in cybersecurity.
- Process Over Tools: Discover critical policies, processes, and procedures to implement in your organization for increased cybersecurity effectiveness.
- Real-World Case Studies: Analyze recent cybersecurity incidents to understand the impact of failures and learn from real-world examples.
- Risk Mitigation: Learn how to evaluate and mitigate risks from third-party providers and understand the interdependence of internal and external tools.
- Analyze cybersecurity risk factors for an organization
- Identify the different actors involved in cybercrime
- Determine the deliverables of a business e-mail compromise scam
- Summarize the digital forensics process
- Diagram the scope of a cybersecurity engagement
Individual Part Details and Registration(Full Course Registration Below) This course will review past cybersecurity incidents, examine the impact of each on various stakeholders, and identify engagements and reports available to the financial practitioner in this field.
How You Will Benefit:
After completing this course, you will be able to:
- Interpret cybersecurity incidents and their impact
- Develop assessment questions for use in insurance preparation or claims
- Develop assessment questions for use in valuation engagements
- Explain current data protection regulations
- Identify resources to develop recommendations in cybersecurity engagements related to data protection issues
This course will review common patterns of three scam types: Business email compromise, ransomware, and investment scams and will identify engagements available to the financial practitioner in this field.
How You Will Benefit:
After completing this course, you will be able to:
- Define the cyber scam cycle for each of three types of cybercrimes: business email compromise, ransomware, and crypto investment scams
- Compare the scam cycle to real-world examples of previous incidents
- Identify common indicators of scams
- Discuss resources to develop recommendations in cybersecurity engagements related to cyber scams, including report templates
- Determine various loss calculations related to cyber scams
Individual Part Details and Registration (Full Course Registration Below)
This course will detail cybersecurity frameworks with a specific focus on NIST and will identify engagements available to the financial practitioner related to cybersecurity policy and process.
How You Will Benefit:
After completing this course, you will be able to:
- Originate a robust cybersecurity policy using the NIST Cybersecurity Framework
- Develop a subpoena request for entities that rely on the NIST Cybersecurity Framework
- Review other cybersecurity frameworks and understand their restrictions such as COSO, ISACA, HiTrust, and others
- Compile resources for developing policy recommendations in a cybersecurity engagement
Individual Part Details and Registration (Full Course Registration Below)
This course will review types of cybercrime with statutory damage claims such as Intellectual Property Theft and Trade Secrets Theft, Deceptive Trade Practices, and Identity Theft and will identify engagements available to the financial practitioner in these fields.
How You Will Benefit:
After completing this course, you will be able to:
- Detail the investigative cycle and develop reports related to cybercrime incidents
- Compare the investigative cycle to real-world examples of previous incidents
- Identify resources to develop recommendations in cybersecurity engagements related to identity theft, trade secrets, and deceptive trade practices
- Describe various loss calculations related to these incident types
Individual Part Details and Registration (Full Course Registration Below)
This course will detail the digital forensics process, identify deliverables from digital forensics analysis, illustrate how to incorporate deliverables into a financial expert’s report, specify jurisdiction-specific regulatory requirements and resources, and identify engagements available to the financial practitioner related to digital forensics.
How You Will Benefit:
After completing this course, you will be able to:
- Understand the digital forensic process, including maintaining admissibility of evidence
- Develop an expert report that relies on digital forensics deliverables
- Examine inappropriate uses of digital forensics and unlawfully gained evidence
- Identify how to handle the discovery of contraband during a digital forensics engagement
- Compile resources for developing expert reports that have a digital forensics component
- Compare various standards for building a digital forensics lab, including hardware, software, and security requirements
CPE: 15 Hrs |
Price: $986/$888 NACVA Members Purchase the Self-Study Course Here This course qualifies for NASBA QAS Self-Study credit. |
CPE Hours
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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How You Will Benefit
- Identify the three fundamental forecast models
- Identify the frequency distributions of data which conform to Benford's Law
- Construct a scatterplot graph of ordered pairs of data
- Evaluate the probabilities of the financial model outcomes and identify the optimum and obtainable outcomes
- Identify statistical fallacies common to legacy approaches, methods, and data analysis
A financial forecast is a mathematical model developed to solve a specific prospective financial problem. Financial accounting is binary and the intrinsic mathematical relationships provide the formula for financial forecasting.
"Forecasting is a blend of science and art. Like most things in business, the rule applies to forecasting. By and large, forecasts are driven 80 percent mathematically and 20 percent judgmental." [Charles W. Chase, Jr., formerly director of forecasting at Johnson & Johnson Consumer Products, Inc.]
After completing this session, attendees will be able to:
- Identify the three fundamental forecast models
- Design and implement a systematic and ordered approach to developing a financial forecast model
- Apply methods for testing the precision of the forecast model against historic financial data
- Calculate and interpret forecasting errors
Benford's Law or the Law of Anomalous Numbers is an observation about the frequency distribution of leading digits in sets of conforming data. Benford observed a large bias towards lower digits (1,2 and 3) over the higher digits (7,8,9) in certain distributions of data. The various Benford tests identify deviations between the actual proportions and the expected proportions for specific digits in a distribution of data.
The magnitude and statistical significance of the deviations determines if the digit is selected (sample) for further analysis. The Benford tests have been applied to fraud investigations since 1972 and applied to financial accounting data for audit sampling and fraud detection since 1994.
After completing this session, attendees will be able to:
- Identify the frequency distributions of data which conform to Benford's Law
- Identify the minimum data set size, number magnitude, and characteristics conforming to Benford's Law
- Define the primary digit(s), Advanced and Associated tests for data deviations from the Benford proportions
Correlation and regression analysis are statistical methods which identify and measure the relationship between two or more data sets. Correlation measures the existence and strength of the relationship between variables. Regression analysis measures the quantitative effect of changes in the independent variable(s) upon the dependent variable(s) over time. The statistical significance of the relationship(s) provide a measure of the degree of confidence in the measured relationship as a predictor.
After completing this session, attendees will be able to:
- Calculate correlation coefficients and coefficient of determination
- Evaluate the strength of the relationship between the independent and dependent variable(s)
- Construct a scatterplot graph of ordered pairs of data
- Identify the limitations and common errors in applying regression analysis
- Perform Ordinary Least Squares (OLS) simple regression
- Interpret regression output statistics including Regression Statistics Table, ANOVA Table, and Regression Coefficient Table
Financial analysis measures the statistical relationship intrinsic to the data. The demonstrated historic statistical relationships over time provide the numerical measures for financial modeling. Financial modeling applies the historic statistical relationship to solve a specific accounting problem. The purpose of financial modeling is to improve decision making.
After completing this session, attendees will be able to:
- Apply statistical measures to historic financial data
- Develop a financial model based on the relational measurements intrinsic to financial accounting data
- Evaluate the probabilities of the financial model outcomes and identify the optimum and obtainable outcomes
Analytics is defined as the systematic computational analysis of data or statistics and the application of the data patterns for effective decision making. Knowledge of statistics and statistical fallacies is indispensable for the analyst in all disciplines requiring applied analytics.
After completing this session, attendees will be able to:
- Identify the statistical measures which are fundamental to financial analysis and financial modeling
- Apply the fundamental statistical measures to historic financial data and market studies
- Explain statistical methods in calculating precision, confidence levels, and statistical significance
- Identify statistical fallacies common to legacy approaches, methods, and data analysis
Any analyst preparing prospective forecast models for start-up, capital budgeting, merger-acquisition, business valuation, or prospective financial damages (individual or commercial).
Self-Study Course
CPE: 10 Hrs |
Price: $701/$631 NACVA Members Purchase the Self-Study Course Here This course qualifies for NASBA QAS Self-Study credit. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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This Financial Forensics Clinic focuses on the complete process of matrimonial litigation support, including determining support, valuing assets, and distribution of assets. Also covered are the valuation of marital assets, including closely held business and stock options, taxes for divorce and distribution, asset distribution, and practice management issues.
- Identify ways to investigate financial records to uncover hidden assets and unreported income
- Identify how to perform an analysis of household spending
- Identify appropriate valuation approaches and methods in family law matters
- Identify and implement optimal property distribution strategies
- Identify tax consequences related to income, support, and property distribution
Individual Part Details and Registration (Full Course Registration Below)
This course is Part One in Matrimonial Litigation and is designed to provide an overview of how financial experts are engaged in matrimonial disputes. Part One includes the expert’s role in the legal process, specific types of assignments, structures of alternative dispute resolution, and understanding child support, alimony, and property distribution.
After completing this part, attendees will be able to:
- Identify the different structures of matrimonial disputes
- Explain child support calculations
- Summarize alimony and maintenance calculations
- Describe the effects of bankruptcy on alimony
- Evaluate state level property distribution differences
- Evaluate how to assist counsel in depositions, subpoenas, and requests
Individual Part Details and Registration (Full Course Registration Below)
This course is Part Two in Matrimonial Litigation and is designed to provide specific methods and alternatives for matrimonial calculations including determining income, tracing assets, lifestyle analysis, and the use of technology.
After completing this part, attendees will be able to:
- Determine appropriate calculation methods for determining income
- Summarize asset tracing considerations and assumptions
- Evaluate net worth for the purpose of division
- Identify alternative calculation methods
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Apply computer assisted audit tools and techniques (CAATT) in matrimonial disputes
Individual Part Details and Registration (Full Course Registration Below)
This course is Part Three in Matrimonial Litigation and is designed to provide details for each step of the report writing process (gathering data, conducting interviews, analyzing the data, summarizing, and presentation). Part Three also includes specific methods for identifying indicators of concealed assets and describes the caveats of various data sources.
After completing this part, attendees will be able to:
- Identify indicators of concealed assets
- Locate public information from open sources
- Describe common income misrepresentations
- Summarize examples of document request lists
- Specify an efficient matrimonial engagement
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Apply adjustments including Moore/Marsden calculations, Watts charges, and Epstein credits
This course is Part Four in Matrimonial Litigation and is designed to provide specific methods and considerations for conducting a valuation as part of a matrimonial dispute. Part Four includes valuation factors, different approaches and methods, and special considerations such as goodwill and digital assets (such as bitcoin and other cryptocurrency). After completing this part, attendees will be able to:
- Identify different premises of value (going concern and liquidation)
- Identify different standards of value and the requirements for defense and selection
- Summarize valuation approaches (asset, income, market, and hybrid)
- Produce appropriate visualizations for summary
- Identify valuation factors for simple digital asset holdings (such as bitcoin)
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Apply special considerations for a Marvin action
Individual Part Details and Registration (Full Course Registration Below)
This course is Part Five in Matrimonial Litigation and is an overview of matrimonial specific taxation. Covers everything from pre-TCJA provisions still in effect for older settlements to post-TCJA changes. Includes IRC Sec 1041, QDROs, tax fraud, and other matters.
After completing this part, attendees will be able to:
- Summarize pre-TCJA Act Alimony rules required for Pre 2019 agreements opened for reconsideration
- Explain post-TCJA Alimony rules
- Report about IRC Sec. 1041, Tax Free Transfer of Property Pursuant to a Divorce
- Identify how to handle the marital residence
- Demonstrate how to file options pre- and post-divorce
- Explain New Child Tax Credits
Virtual Course Schedule | |||||
Dates | Time |
10% Early Registration Discount Deadline |
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June 16–20, 2025 | 1:00–4:00 p.m. ET |
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5/31/2025 |
Self-Study Course
CPE: 15 Hrs |
Price: $986/$888 Members Purchase the Self-Study Course here. This course qualifies for NASBA QAS Self-Study credit. |
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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Individual Part Details and Registration (Full Course Registration Below)
Part 2: Calculating Personal Injury Damages
Part 3: Personal Injury but for Earnings
Individual Part Details and Registration (Full Course Registration Below)
Part 4: Calculating Personal: Mitigating Earnings/Tax Rates
Individual Part Details and Registration (Full Course Registration Below)
Part 5: Calculating Personal Injury: Lost Future Medical/Household Services
Individual Part Details and Registration (Full Course Registration Below)
How You Will Benefit
After completing this course, attendees will be able to:
- Identify the methodologies used to calculate compensatory and punitive damages
- Differentiate between economic losses and non-economic losses
- Identify the opinion of value of damages, including pre-judgment interest
Virtual Course Schedule | |||||
2025 Dates | Time |
10% Early Registration Discount Deadline |
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August 4–8, 2025 |
11:00 a.m.– 2:00 p.m. ET |
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7/31/2025 |
Self-Study Course
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CPE Hours
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For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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This Financial Forensics Clinic focuses on the elements and process of calculating damages in cases involving wrongful death. Damages covered include lost earnings or lost economic support, lost benefits, lost future medical expenses, and lost household services. The clinic concentrates on the most recent literature and sources of information on multiple topics in these areas.
What You Will Cover
Part 1: Foundation of Expert Witness Testimony in Wrongful Death
Individual Part Details and Registration (Full Course Registration Below)
Part 2: Calculating Damages in Wrongful Death Litigation—Understanding the Legal and Case Context and Estimating Life and Worklife Expectancy
Individual Part Details and Registration (Full Course Registration Below)
Part 3: Calculating Lost Economic Support in Wrongful Death Litigation
Individual Part Details and Registration (Full Course Registration Below)
Part 4: Calculating Benefits, Personal Consumption, Taxes, and Discounting Future Losses to Present Value in Wrongful Death Litigation
Individual Part Details and Registration (Full Course Registration Below)
Part 5: Calculating Lost Household Services in Wrongful Death Litigation
Individual Part Details and Registration (Full Course Registration Below)
How You Will Benefit
After completing this course, attendees will be able to:
- Identify the steps for calculating a but-for earnings stream, benefit rates, worklife expectancy, and the value of personal consumption
- Determine appropriate discount rates, appropriate tax rates, and present value of future medical expenses
- Identify and value lost household services
Virtual Course Schedule | |||||
2025 Dates | Time |
10% Early Registration Discount Deadline |
|||
September 22–26, 2025 |
11:00 a.m.– 2:00 p.m. ET |
![]() |
8/31/2025 |
Self-Study Course
CPE: 15 Hrs |
Price: $986/$888 Members Purchase the Self-Study Course here. This course qualifies for NASBA QAS Self-Study credit. |
CPE Hours
|
For additional NASBA sponsorship information, including refund, complaint, and/or program cancelation policies, click here.
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