Quantification of Economic Damages
Calculating economic damages can be complex. You'll examine the core concepts and methods related to business, individual, and intellectual property damages to better assist clients with these engagements.
Format
Online
NASBA Field of Study
Accounting
Level
Intermediate
CPE Credits
11
Author(s)
Sacha Zadmehran
Availability
1 year
Product Number
CFF8B24SSO
Complexities of economic damages calculations
The quantification of economic damages is a complex and specialized field, spanning business, individual, and intellectual property damages. As a practitioner, learning about the intricacies of economic damages calculations will help prepare you for engagements that require this skill.
You’ll explore the core concepts common to all three categories of economic damages. Topics covered include:
- Causation
- Reasonable certainty
- Common pitfalls encountered in practice
Categories of economic damages
You’ll also take a closer look at each of the three categories of economic damages. In doing so, you’ll learn about the specificities related to business, individual and intellectual property damage calculations. Areas of focus include:
- Types of damages
- Calculation methods
- Common considerations
Who Will Benefit
- Primary Audience: Members of the AICPA who are interested in earning the Certified in Financial Forensics CFF® credential.
- Secondary Audience: Professionals in the broader accounting, managerial, legal, and international business industries with interest in forensic and fraud risk management services.
Key Topics
- Core concepts
- Causation
- Types of damages
- Business, individual, and intellectual property damages
- Intellectual property infringement
- Calculation considerations and methods
Learning Outcomes
- Recognize the expert’s duties and burdens in regard to reasonable certainty and causation.
- Identify core concepts that overlap between business, individual, and intellectual property damages.
- Identify the causes and types of business damages.
- Apply the methods a practitioner may use to calculate business and individual damages.
- Identify characteristics of individual damages.
- Distinguish between the four types of intellectual property.
- Apply guidelines for calculating commonly used infringement damages associated with each type of intellectual property.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.