FMN Accounting

FMN PLUS- 2023/October, Seg 2 - Business Interruption: Exploring the Loss Calculation

A business interruption claim is a crucial aspect of risk management and financial recovery that accountants need to be familiar with. The process involves analysis and a number of important calculations. Kerrie Merrifield is the Owner of Axiom Forensics and has been working in this field for over 30 years. Topics covered include what's involved in preparing the business interruption insurance claim, the key aspects of these policies, business income calculation approaches, and the steps accountants should take when working on a claim with a company.

Learning Objectives:

  • Recognize what's included as part of a business interruption loss claim 
  • Describe what the accountant should do when assisting a company to prepare a business interruption insurance claim  
  • Recognize the key distinctions in business interruption insurance policies
  • Describe the two approaches to calculating business income as part of the business interruption insurance claim


Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

Kerrie Merrifield is the Owner of Axiom Forensics and has been working in this field for over 30 years. Topics covered include what's involved in preparing the business interruption insurance claim, the key aspects of these policies, business income calculation approaches, and the steps accountants should take when working on a claim with a company.

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1525-FM

Release Date : 10/10/2023
Expire Date : 05/13/2025
Credits :
CPE 2.00
QAS 2.00
Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Theme : Risk Management

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