Business Interruption Claim Calculator for Forensic Accountants
BIClaimPro does the structured data entry and the arithmetic of a business interruption claim, so a forensic accountant can spend the time on judgment. Every figure it produces is an estimate.
Who this page is for
This page is for forensic accountants who quantify business interruption losses and want a first pass that shows its working, especially on smaller claims.
The problems on a business interruption claim
- Data entry and re-keying take time that is better spent on the questions that need judgment.
- A reviewer needs to see the method, the data behind it and each assumption, not only the answer.
- Part months, waiting days and recovery periods are easy to get wrong when worked by hand.
- The result has to agree between the report, the workbook and the working papers.
What BIClaimPro does for you
- Names the method it used for normal sales, and chooses it from the amount of history rather than from which method gives the larger figure.
- Takes the rate from the P&L only, either the last full fiscal year or a projected P&L for a new business, and shows the rate build-up.
- Works out a part month as the normal month x loss days / days in the month, using calendar days, and shows that working on the loss row.
- Produces an Excel workbook with a sheet for each part of the working, so each step can be checked, next to the PDF report with the same figures.
- Shows a data sufficiency note and a confidence note with each result.
- Shows three scenarios. The reductions are suggested from your data and you can change them, so the range is visible.
How pricing works
BIClaimPro: 2 free claims, then $259 per claim, or Solo at $899 a month for 5 claims, or Firm at $1,699 a month for 10 claims and up to 3 users. Enterprise: contact us.
Free trial: 2 free claims, valid for 30 days. No card needed.
Solo includes 5 new claims a month and Firm includes 10. Plan claims reset when your next payment goes through and do not carry over. Recalculating a claim is always free; changing its business name or date of loss is free up to 2 times. Pay-per-claim credits are used after your plan's claims and are valid for 12 months from purchase.
Next steps
BIClaimPro assists the accountant and does not replace professional judgment. Review every claim before you rely on it.