Reasonable Certainty

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Guests: Josh Shilts, CPA/ABV/CFF/CGMA Ken Rugeti, CPA, ABV, CFF

Reasonable Certainty is a legal definition that sets the standard by which courts hold estimates of damages claimed in a lawsuit. When a party in a legal action claims damages, experts are retained to provide a damages analysis that will be scrutinized under this threshold.

Josh and guest Ken Rugeti discuss:

  • General damages
  • Consequential damages
  • Examples of these concepts from real-life cases

The podcast will also discuss some important issues to consider such as:

  • How and when to apply reasonable assumptions in your analysis
  • Admissibility vs. cross examination
  • How to use management projections

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

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