Forensic Accounting

Extra Expense / Increased Cost of Working

Our experts conduct objective, in-depth analyses that evaluate extra or increased costs incurred by Insureds to continue operations and to mitigate their business interruption losses after an insured event.

We are retained to verify and quantify necessary, reasonable, and economic costs incurred to continue operations and reduce business interruption losses during an interruption period. Our expertise in analyzing business operations, market conditions, and prior loss events enables us to provide accurate and timely evaluations for our clients when Extra Expenses/ICWs are incurred.

Our Services
  • Analysis of Accounting & Financial Information
  • Assessments to Determine & Verify Loss-Related Factors Contributing to Increased Costs
  • Cost Monitoring During the Period of Repair / Replacement
  • Evaluation of Extra Expenses being Economic and Reasonable
  • Expert Witness & Litigation Support
  • Fair Market Analysis on Increased Costs of Working
  • Invoice Review
  • Market & Industry Research
  • Residual Value Calculations
  • Supply Chain Disruption, Cost of Goods & Demand Analysis & Quantification
  • Typical Operating Expense / Cost Comparison to Actual / Standard Costs
MARKETS SERVED
  • Agriculture
  • Aviation & Transport
  • Construction
  • Consumer Products & Services
  • Education
  • Government
  • Healthcare
  • Hospitality
  • Industrial
  • Insurance
  • Manufacturing
  • Mining & Precious Metals
  • Oil, Gas, Energy & Utilities
  • Petrochemical & Plastics
  • Real Estate
  • Retail
  • Technology, Media & Telecommunications
  • Tourism & Hospitality
  • Transportation & Infrastructure
 
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