This course provides an overview of the different methods used to analyze and quantify economic damages in business.
Learning Objectives
- Learning Outcomes
- List the professional standards and guiding principles applicable to economic damages engagements
- Recall the types of economic damages that may be awarded to individuals
- Calculate lost earnings, medical, household, and other expenses and what documentation is required for each
- Identify documentation required to calculate damages in cases of personal injury and wrongful death
Major Topics
Introduction to economic damages;Key components of an economic damages analysis;Five methods for calculating lost profits;Calculating lost business value;Calculating other types of economic damages