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Unformatted text preview: tigation and offsetting profits. Time value of money considerations. Chapter 10 Forensic and Investigative Accounting 12 Components of Damages
Lost profits Lost value Lost cash flows Lost revenue Extra costs Chapter 10 Forensic and Investigative Accounting 13 Defendant's Damages Estimate
The defendant's expert report would include his or her damages estimate along with support for the numbers presented. In order to arrive at a "zero" damages estimate, a defendant must demonstrate to the court that the plaintiff suffered no financial damages. Chapter 10 Forensic and Investigative Accounting 14 Plaintiff's Damages Estimate
Much of the support for the damages estimate for the plaintiff comes from various accounting records, but the use of those supporting data also shows that damages estimates are both an art and a science. The scientific part is primarily the...
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