Reasonable Certainty for New Business Lost Profit Calculations

Business Valuation UpdateVol. 25 No. 8
August 2019
Josh Shilts, CPA/ABV/CFF/CGMA, CFE
economic damages & lost profits
early stage companies, economic damages & lost profits

Summary

A recent court decision has provided practical guidance for experts to mitigate concerns over providing speculative, unsupported lost profit estimations for a new business. The author also provides an example of a recent engagement.