AR809-CON How to Review a Business Economic Damages Report

CE 1 | ARM

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Session Description

In this session, attendees will learn and be able to distinguish: the basic principles of the economic damages assignment; that the economic damages report does not necessarily follow USPAP requirements, but is intended to summarize expert opinions and basis for those opinions; that a review is usually called for in a litigation setting; issues of Proximate Cause, Foreseeability, Reasonable certainty, and Mitigation underscore the economic damages calculations; tenets of logic, support and credible analysis are the most common issues under review; that the review report itself is not a USPAP-confirming document, but should follow the guiding principles; and common attacks on the review analysis and the likely obligation of the reviewer to present the review conclusions and possibly undertake an additional economic damages analysis.

Speaker Information

Robert Schlegel, FASA, Principal | Houlihan Valuation Advisors
Ernest A. Demba, FASA, IFAS, ARM-RP | Demba Valuation Services, LLC

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Disclaimer: The opinions expressed in this presentation are that of the presenter(s) and do not necessarily reflect the views and opinions of the American Society of Appraisers.

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Pricing $69.00
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