Sandy highlights need for forensic accountants

11/16/2012 | Wall Street Journal/CFO Journal, The · ClaimsJournal.com

A significant portion of the estimated $50 billion in economic losses caused by superstorm Sandy likely will be related to a lack of business-interruption insurance at many companies. Companies that do have business-interruption insurance would be wise to bring in a forensic accountant to help with documentation, a top insurer says. Other companies are using forensic accountants to determine potential exposure before an event. Attend the free FVS-sponsored webinar "Disaster Recovery: The Role of the CPA in Insurance and FEMA Claims," scheduled 3 to 5 p.m. ET on Dec 6, to learn more about the forensic accountant's role in business-interruption claims. Two discounted continuing professional education credits also are available.

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Wall Street Journal/CFO Journal, The · ClaimsJournal.com