|
|
| Avoid the Hot Seat—11 Common Pitfalls in Lost Profits and Business Damages Analysis (1610A_N) |
Course CPE: 2 hours
Field(s) of Study: Accounting–2 hrs
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced Preparation: Familiarity with commercial litigation preferable.
Delivery Method: Self-Study |
Item
Number: 16PFFSD10A
Shipping Weight: 0lbs. 0oz. |
| Price:
$147.00 |
|
|
|
|
Recording Date: June 10, 2016
Presenter: Lari Masten, CPA, ABV, CFF, CVA, CPVA, ABAR, MAFF
Program Description:
Heard of a Daubert Motion? A Federal Rules of Evidence (FRE)—702 hearing is where the decision is made to exclude an expert. Don't be that expert. Take this opportunity to learn from others' mistakes.
FRE 702 governs testimony by expert witnesses. It specifically exists to “weed out” experts giving testimony that is not necessary, is not based on sufficient facts or data, is not the product of reliable principles and methods, or where the expert has not reliably applied the principles and methods to the facts of the case.
Mistakes happen. Some are forgivable, but there is no place for technical or methodological mistakes by experts. This session reviews 11 major technical and methodological errors in lost profits calculations and business damages analyses that can render an expert's report and testimony useless to the court and possibly inadmissible under FRE 702. Actual case examples are provided where relevant.
After completing this webinar, attendees will be able to:
- Differentiate between topics subject to professional disagreement and areas subject to limitation of expert opinions under FRE 702
- Identify in their own analyses and that of opposing experts areas where technical and/or methodological inconsistencies/errors are most likely to occur
- Differentiate between direct versus consequential damages
- Recognize the top 11 common errors by experts in Lost Profits and Business Damages calculations
- Determine the level of reliance that can be placed on an analysis that does not include a "reasonability" test
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. |
|
|
