Economic Damages: Key Considerations and Trends You Should Know
Explore the latest trends in economic damages and how technology is reshaping calculations.
Format
Webcast
Date
Mar 24, 2026
NASBA Field of Study
Accounting
Level
Basic
CPE Credits
1.5
Instructor
Dave Douglass, Matt Stieve
Availability
3 months
Product Number
WC5183400
A vital refresher on calculating economic damages, this webcast covers essentials such as:
- Lost earnings
- Business interruption
- Valuation principles
The webcast highlights the latest trends transforming the field, including:
- The growing use of AI
- Data automation
- Advanced forecasting tools
Practical examples illustrate how technology can enhance accuracy and efficiency while examining potential risks such as data bias, opaque algorithms, and overreliance on automated models.
The result is a clear, modern overview of both foundational methods and emerging innovations in economic damages analysis.
Key Topics
- Economic damages overview
- Summary of key areas and methods for damage practitioners
- Use of AI in damages
- Data analytics and automation tools for damage analysis
- Forecasting, scenario testing, and data validation techniques
Learning Outcomes
- Identify the basics of calculating economic damages.
- Recall lost earnings, business interruption, and valuation principles.
- Recognize where AI can streamline workflow, while exercising caution in its use.
- Select key data analytics and automation tools to improve efficiency and accuracy in damage calculations.
- Distinguish modern analytical methodologies — forecasting, anomaly detection, and validation techniques — to enhance rigor and defensibility.
Who Will Benefit
Damage professionals who desire a better understanding of the latest trends and issues in calculating economic damages, including the application of technology in calculating damages.
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