Economic Damages in Business
An overview of the different methods used to analyze and quantify economic damages in business, including lost profits, lost business value, and the role of the financial forensics professional in dispute-related engagements.
CPE Credit
1.5 Hours
DELIVERY METHOD
Self-Study (On Demand)
LEVEL
Basic
PREREQUISITES
None
PRICING
$119.50 per year
Course Description
Economic damages in business arise in a variety of dispute and litigation scenarios, requiring financial professionals to analyze and quantify losses using established methodologies. This course provides an overview of the different methods used to analyze and quantify economic damages, with a focus on practical application in business contexts.
The course covers key approaches used to calculate lost profits and lost business value, along with other types of economic damages that may arise in disputes. You will also explore the role of the financial forensics professional, including how these professionals apply analytical techniques and professional judgment in engagement settings.
In addition, the course introduces relevant professional and legal standards that guide economic damages analysis, helping ensure consistency, reliability, and defensibility in financial forensics work.
What You’ll Learn
By the end of this course, you will be able to:
- Define economic damages and their role in business disputes
- Summarize different types of business disputes that involve economic damages
- Describe the role of the financial forensics professional
- Identify applicable professional and legal standards
- Distinguish between general methods used to quantify economic damages
Who This Course Is For
This course is designed for:
- Accounting and finance professionals seeking to expand their skillset
- Professionals exploring the financial forensics and dispute services area
- Individuals interested in learning how to analyze and quantify economic damages in business
Key Topics Covered
- Introduction to economic damages in business
- Types of business disputes involving economic damages
- Role of the financial forensics professional
- Five methods for calculating lost profits
- Calculating lost business value
- Calculating other types of economic damages
- Professional and legal standards in damages analysis
Why This Course Matters
Understanding how to analyze and quantify economic damages in business is essential for professionals involved in dispute resolution, litigation support, and financial forensics. These skills are increasingly important as organizations face complex financial disputes requiring clear, supportable analysis.
This course provides foundational knowledge of economic damages methodologies and the professional standards that guide their application, helping professionals build capabilities in a growing area of practice. For additional guidance, refer to the AICPA Fundamentals of Forensic Accounting Certificate Program.
Explore additional Accounting CPE Courses to further develop your expertise in financial reporting and analysis.
Pricing & Access
$119.50 per year — Unlimited CPE Access
When you enroll, you receive full access to all courses in our catalog for one full year, including this course and every other available offering.
Unlike many CPE providers, we do not charge by the credit hour and we do not impose course expiration dates. Once you’re enrolled:
- All courses are included — no per-course or per-credit fees
- Your access lasts for a full year from your enrollment date
- Your completed course certificates remain available in your portal
- You can complete courses at your own pace, on your own schedule
This single annual enrollment gives you the flexibility to earn CPE hours when you need them — without worrying about expiring credits or additional costs.
Frequently Asked Questions
Is this course NASBA-compliant?
Yes. This course meets NASBA CPE requirements.
How is the course delivered?
On-demand, self-study format with quizzes for knowledge checks.
Can I complete this course at my own pace?
Yes. You may start, stop, and resume the course as needed.
