| Taking a Deeper Dive into the Lost Profits 'But-For' World, Part 1 & 2
Program Type: Recorded Webinar (Audio, PPT)
Program Level: Overview
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Four (4) hours
Fields of Study: Accounting
Shipping Weight: 0lbs. 0oz.
The webinar will use vignettes to dive deeper into the four commonly reorganized methods that economic damages experts commonly use to calculate lost profits: the Before-and-After Method, the Yardstick Method, the Sales Projection Method, and the Market Share Method.
The webinar will guide the lost profits expert as to which method to choose, what information and/or documentation he or she needs for each method, and the court cases that support the use of each method. Each method will be presented using a “mini case study” that will illustrate the generally accepted and peer-reviewed methodology for applying each particular method. Finally, the “tricks and traps” specific to each method will be covered.
After completing this webinar, attendees will be able to:
- List the four commonly reorganized methods that economic damages experts commonly use to calculate lost profits
- Describe which method to choose, what information and/or documentation is needed for each method, and the court cases that support the use of each method
- Identify the "tricks and traps" in each of the four methods
Who Should Attend
CPAs, attorneys, valuation practitioners providing expert witness testimony
P. Dermot O'Neill, CPA, ABV, CFF, CVA, MAFF, ABAR
Mr. P. Dermot O'Neill is president of P. Dermot O’Neill, CPA PC. He has over 40 years of experience as a Certified Public Accountant and has concentrated his practice in the areas of forensic accounting and litigation support, business valuation, transaction consulting, financial analysis, and income taxation. He has provided consulting and expert witness assistance in cases involving matrimonial issues, oppressed shareholders, personal injury, wrongful death, and accounting malpractice as well as contract and tort issues.
Mr. O’Neill is a member of the American and Pennsylvania Institutes of Certified Public Accountants (PICPA), and the National Association of Certified Valuators and Analysts (NACVA). He is a committee member of the PICPA Business Valuation Committee, PICPA Forensic and Litigation Services Committee (2007-2008 Annual Conference Chair), National Association of Certified Valuators and Analysts’ State Chapters Committee, and Managing Editor of theNational Litigation Consultants Review for which he has written numerous articles.
Mr. O’Neill has been an adjunct faculty member at Villanova University as well as a member of the National Faculty of the American Institute of Certified Public Accountants (Staff Training; Taxation and Staff Training; Accounting and Auditing) and is currently on the adjunct faculty at Rider University Graduate School of Business. He has presented seminars sponsored by the Accounting Institutes and Societies in Pennsylvania, Florida, Georgia, Ohio, Utah, and Texas as well as seminars for local and state bar associations. He has been a guest lecturer at Lehigh University and Widener University Graduate Schools of Business. He has testified as an expert in Pennsylvania, New Jersey, Delaware, Florida, New York, and Virginia as well as the Chancery Court of Delaware, Federal Bankruptcy Court, and Federal District Court.