This course will help you to better understand the applicable professional standards, underlying components for calculating economic damages for individuals, and legal issues related to economic damages.
▪ List the professional standards and guiding principles applicable to economic damages engagements
▪ Recall the types of economic damages that may be awarded to individuals
▪ Calculate lost earnings, medical, household, and other expenses and what documentation is required for each
▪ Identify documentation required to calculate damages in cases of personal injury and wrongful death
Accountants and others who are considering entering the field of forensic accounting.