How does a forensic accountant calculate financial losses? Federal courts have approved various ways to calculate losses ranging from net worth method of proof to the expenditures method. Each method of proof depends on the available facts to the forensic accountant. This presentation will focus on the various court approved methods of proof, when to use them, and how to calculate the total loss. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
- After attending this presentation you will be able to...
- Identify the various court approved methods of proof.
- Recognize the court cases approving the methods of proof.
- Calculate the different methods of proof.
- Using given facts, choose the appropriate method of proof.
Major Topics
The major topics that will be covered in this course include:
- The role of methods of proof in forensic accounting.
- The various types of methods of proof approved by the courts.
- The weakness and strengths of the methods of proof.
- The formulas in calculating methods of proof.
- Applying the formulas in various circumstances.
