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| Types of Business Interruption Calculations(1764Q) |
Course CPE: 2 hours
Field(s) of Study: Accounting–1 hr; 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 |
Item
Number: 24FL0613TBI
Shipping Weight: 0lbs. 0oz. |
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$175.00 |
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Recording Date: June 13, 2024
Presenter: Kerri Merrifield
Program Description:
This webinar, Types of Business Interruption Calculations, 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.
After completing this course, you will be able to:
- Identify and describe the two methods of business interruption loss claim calculations
- Differentiate the two methods of business interruption calculations
- Identify extra expenses
- Determine the difference between acceptable and non-acceptable extra expenses in the business interruption claim
- Identify the business interruption/extra expense loss using both the Net Income and Gross Profit Methods
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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