A Case Study on the Determination of Lost Profits for the Forensic Accountant

ABSTRACT

This paper illustrates a teaching case study for use in a forensic accounting course. The case study requires students to prepare and/or present their findings for the valuation of lost profits in the framework of a business interruption. Readers obtain requisite financial and qualitative information to complete a valuation of lost profits due to a business interruption.

Keywords:  forensic accounting, lost profits, business interruption, sales projection method

James A. DiGabriele is an Associate Professor at Montclair State University.

Source : James A. DiGabriele (2012) A Case Study on the Determination of Lost Profits for the Forensic Accountant. Issues in Accounting Education: August 2012, Vol. 27, No. 3, pp. 751-759.