Time is the most undefinable yet paradoxical of things; the past is gone, the future is not come, and the present becomes the past even while we attempt to define it. Charles Caleb Colton With timing being the subject of the first article in our COVID-19 economic loss...
In last week’s article, I suggested that multiple “but for” scenarios of economic loss are likely in situations where an intervening event occurs. The need for multiple scenarios is driven, largely, by the degree of uncertainty inherent in the forecasting exercise. In...
Last week’s article focussed on identifying and understanding the actual causes of economic loss in the context of intervening events. Over the course of the next two articles in our COVID-19 economic loss quantification series, I look at how intervening events...
COVID-19 confirms the ongoing presence of volatility, uncertainty and complexity in our economic and business environments. To survive, many business managers have learned how to solve increasingly complicated, complex and often, non-linear problems. In contrast,...
Recent BRI Ferrier Forensic Accounting articles stress the importance of understanding the timing of events which have impaired, or improved, business’ trading results during the COVID-19 global impact. To assist in identifying what social and economic factors may...
The COVID-19 crisis introduces a new degree of complexity to quantifying economic loss due to the need to distinguish between the losses attributable to the complained of conduct and the losses attributable to the coronavirus. While COVID-19 and the complained of...
