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| Looking Back to Go Forward: A Review of the Basics for Lost Profits (1642Q) |
Course CPE: 1 hour
Field(s) of Study: Finance–1 hr
Program Level: Basic
Prerequisites: Previous training or experience with the fundamentals of accounting, finance, economics, and business writing. These individuals are often at the staff or entry level in organizations, although such programs may also benefit a seasoned professional with limited exposure to the area.
Advanced Preparation: None
Delivery Method: QAS Self-Study
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Item
Number: 22FL1215LBG
Shipping Weight: 0lbs. 0oz. |
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$99.00 |
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Recording Date: December 15, 2022
Presenter: Allyn Needham
Program Description:
In the field of litigation support, there are newbies just entering the field and practitioners who are old pros. Regardless of the level of experience, it is always good to examine the basic tools and methods of our work and be reminded why we do what we do. This session will review the basics for calculating lost profits. It will be a refresher for some and a primer for others. All should leave with a better understanding of the fundamentals for presenting lost profits in a litigious situation.
After completing this course, you will be able to:
- Determine the differences between calculating lost profits and a business valuation
- Recognize the best approach for estimating lost profits in various situations
- Identify and describe the data and/or research needed for a lost profits analysis to meet the standards set by the courts
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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