Resolution Experts, PC

Litigation and Business Valuation BlogLitigation & Forensic Accounting Blog

Some information will go here to briefly discuss Jim's expertise in this area.

  • Fraud Prevention for Small to Medium Businesses Fraud prevention programs can be expensive. Many small to medium businesses (“SMB’s”) cannot afford to implement some of the controls that are commonly found in larger companies. For example, it may... Published: 10/26/2017
  • Valuation vs. Lost Profits: Which Method Should You Use to Determine Damages Which Method Should You Use to Determine Damages Often, but not always, there is more than one-way to reach the same destination. This is true when attempting to determine damages in a commercial... Published: 10/12/2017
  • Calculating Lost Sales in Business Interruption Claims The most important element in most business interruption claims is the calculation of lost sales. The lost sales calculation establishes the foundation for determining costs and lost profit. The... Published: 9/7/2017
  • Template for Estimating Lost Wage Damages Calculating an estimate of damages due to lost wages in an employment dispute is typically fairly easy. This calculation can be performed on a simple Excel template, a template of which can be found... Published: 8/30/2017
  • Supply Contract Termination Damages Imagine you are a supplier of automotive parts and your company ("Supplier") just started a large production run of a custom product and your customer ("Customer") terminates the contract. How will... Published: 7/6/2017
  • Template for Estimating the Value of Business Interruption Claims Imagine your business operations have been interrupted by a fire, hurricane, or a ransomware attack. How would you determine the impact of this event on your bottom line, and how would you prove this... Published: 6/6/2017
  • Top Ten Most Practical Fraud Prevention Tools for Business On average businesses lose about 5% of total revenue to diverse and creative fraud schemes. Many books and movies have been produced that describe the most interesting and prolific fraud schemes.... Published: 5/25/2017
  • Calculating Damages for Lost Profit: Part III This week we are continuing our semi-monthly blog series with a blog about forensic accounting and calculation of commercial damages. This blog is focused on lost profits and is the third of a... Published: 4/18/2017
  • Calculating Damages for Lost Profit: Part II This week we are continuing our semi-monthly blog series with a blog about forensic accounting and calculation of commercial damages. This blog is focused on lost profits and is the second of a... Published: 4/4/2017
  • Calculating Damages for Lost Profit: Part I The damages suffered by a plaintiff in a lost profits claim will be the dollar value, adjusted for the time value of money, required to return the plaintiff to the financial position it would have... Published: 3/23/2017
  • Misappropriation of Trade Secrets Companies are relying more and more on trade secrets to protect their intellectual property because if done properly, the company can extend the useful life of their intellectual property well beyond... Published: 3/9/2017