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AICPA Forensic & Valuation Services Conference 2013 - Virtual

Reasonable Certainty Round 2: An Inside Look at the Findings of the Damages Task Force

Nov 12, 2013 9:55am ‐ Nov 12, 2013 11:35am


This session will provide an update to conference participants on the reasonable certainty practice aid that the Economic Damages Task Force is developing. Courts across the country are examining the issue of reasonable certainty in the calculation of economic damages, and there is varying case law on the issue. The presentation will provide an overview of the topics that are being addressed in the practice aid, with a particular focus on key issues raised by the courts, including with respect to new businesses, the role of the expert and causation, and reliance on information provided by management. Participants will:
- Develop an understanding of the issues that will be addressed in the forthcoming reasonable certainty practice aid
- Be exposed to some of the relevant case law on the issue of reasonable certainty
- Have the ability to provide input on the direction of the practice aid


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