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Forensic & Valuation Services Conference 2019


FVC1904 - Business Interruption Accounting for Causality


Nov 4, 2019 2:35pm ‐ Nov 4, 2019 3:50pm

Standard: $49.00

Description

Often there is a need to consider causality in measuring business interruption losses. It may mean isolating the effects of wide-area damage caused by a disastrous catastrophe, accounting for changing economic conditions, or accounting for business model changes. This course will start with a precursor explaining the purpose of business interruption insurance policies and then advance to illustrate best practices in isolating cause and effect in measuring such losses.

Learning Objectives:
  • Prepare document and information requests, and conduct research, relevant to accounting for causation in measuring business interruption losses;
  • Implement tools and analytical techniques for isolating and excluding the effects of external factors in measuring business interruption losses;
  • Articulate coverage questions and speak to relevant case law pertaining to accounting for causality in measuring business interruption losses.

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