Detail Modeling and Discounting Future Damages   Oleh:  Dunn, Robert L. ; Harry, Everett P. Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 193 no. 1 (Jan. 2002), page 49-56. Topik: modeling; modeling; discounting; damages Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel CPA expert witnesses frequently testify in court about damages assessments when a plaintiff alleges future economic losses because of a defendant’s wrongdoing. Some CPA experts project the plaintiff’s hoped - for income stream, modify those losses to a realistic expectation by factoring in future risks and then discount the adjusted future losses to a present value at a risk - reduced, relatively low discount rate. Other experts project the hoped - for - but - lost amounts and then apply a higher discount rate that already incorporates risk or uncertainty to determine the present value. This article shows why the first approach is easier for judges and juries to understand. When, as in the second approach, higher discount rates are applied to a short, finite damages period, they may not achieve the expert’s desired result - that is, the present value of future damages. However, the first approach - “modeling” (examining the interactive components of a financial outcome) and analyzing various input factors (sensitivity analysis) - does this more accurately. Working with a spreadsheet program to address variables (risk) that influence projected earnings helps us to arrive at appropriate financial - damages information to offer in court. This article addresses business damages such as lost profits from breach of contract or patent infringement. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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