Bruce D. Smith is a Certified Public Accountant (CPA), Certified in Financial Forensics (CFF) and Certified Fraud Examiner (CFE). He is a member of the following organizations: Windstorm Insurance Network, National Association of Certified Fraud Examiners, AICPA Forensic and Valuation Services Section, American Institute of Certified Public Accountants and Florida Institute of Certified Public Accountants. Mr.
When physical damage due a fire, flood, hurricane or any other insured peril results in a diminishment of business income, an analysis is performed of operational and financial records to measure the actual loss sustained through the period of restoration. The analysis may include:
- Interviewing key management, staff, suppliers and customers.
- Providing initial loss reserves.
- Comparing projected operational activity to actual during the period of restoration and the extended business income period.
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