IIBC – Documentation: What it Takes to Investigate Income

CLASSROOM | BUILDING | TECHNICAL

Whether it’s loss of income for an individual or profit/loss calculations for a business, determining income is often essential when assessing claim. The challenge is in knowing what documentation, and more specifically, what information on those documents, will provide you with the insight you require. Along with highlighting what data to focus on, our expert presenters will reveal how you can collect the information you need from a variety of alternate sources when you don’t have everything at your fingertips.

SEMINAR OBJECTIVES

• Differentiate between types of personal income: employment vs. self-employment
• Recognize income related documents for different types of businesses: corporation vs. sole proprietorship/partnership
• Identify information required from various documents to determine income:
  – Income statements and balance sheets
  – Income tax returns and Notice of Assessment
  – Original source documents (ie. invoices, timesheets)
• Understand why certain information is significant in determining revenue and expenses
• Determine variable and fixed costs and their impact
• Spot red flags in provided and withheld documentation

SEMINAR PRESENTERS  ~  ~ from Williams & Partners Investigative Accountants Inc.

The Williams & Partners team consists of professionals with experience in all facets of investigative and forensic accounting. Many of their clients are in the insurance industry including insurance companies, independent insurance adjusters, law firms, corporations, municipalities, and business owners.
Damian Alksnis, CPA, CMA, CFF, Forensic Accountant
Bichtar Mahal, BBA, CPA, CA, Forensic Accountant
Stephen Graff, CPA, CA.IFA, CFF, CFE, Forensic Accountant

Number of Continuing Education Credits: 3 Technical
Please be aware that tardy arrival or early departure to/from the seminar will preclude IIBC from issuing a CE certificate for this seminar.

Registration Deadline: Friday, May 11 

Fees (GST included):
$125  Insurance Institute Members
New members: Insurance Institute membership required, $80, expiring May 31, 2019

The price for this half-day seminar includes coffee service, light breakfast snacks and GST.

Time: 8:45am – 12:00pm