The seminars offered by Williams & Partners Forensic Accounting Inc. are designed to accommodate your team’s needs and business goals. Presented by industry-recognized accounting experts who consistently receive high ratings for their presentations, these training programs feature current and relevant course content, often supplemented by case studies, to enhance understanding. Courses are affordable, comprehensive and can be custom-tailored to meet your specific requirements.

Our current seminars include:

This seminar ranges from 1.5 to 3 hours, depending on the questions and time taken for the case studies. Presentation and discussion of the following issues:

Advanced training

  • The difference between employment versus self-employment and key indicators to determine if claimants are employed or self-employed
  • View of different types of self-employment and the type of information that can be obtained
  • How to easily obtain information from an income statement
  • Red flags to identify problem claims and a very short case study on how to quickly estimate gross annual income from a self-employed person’s tax return
  • General guidelines to identify potential WSIB claims vs. IRB claims
  • Statements Under Oath – Section 33 requirements
  • Discussion of post-accident income/losses from self-employment
  • What is considered a reasonable expense?
  • Case law – summary of related FSCO/Court Decisions

Introductory training

  • The purpose of the Income Replacement Benefit
  • The role of Forensic Accountants in IRB calculations
  • The history of Income Replacement Benefits and why they are not taxable
  • Conceptually understanding how Income Replacement Benefits are calculated for both the employed and self-employed
  • Case study on how to determine an employed person’s gross annual income for purposes of determining the IRB.

Questions are encouraged throughout the presentation. All slides will be part of a handout, as well as additional handouts that serve as examples during the seminar.

We ask that any questions people may have prior to the seminar, be emailed to our office so that we may prepare a handout for all attendees. Additional topics can be added upon request.

This seminar ranges from 1/2 to 1 hour depending on the questions asked during the session. Presentation and discussion of the following issues:

What is a Tort Claim?

  • Composition: Past Losses and Future Losses
  • Other considerations, examples
  • Information required to assess loss

Future Care Costs

  • Medical and rehabilitation
  • Discussion of various components to include in calculation
  • Present Value calculations, examples

Questions are encouraged throughout the presentation. All slides will be part of a handout, as well as additional handouts that serve as examples during the seminar.

We ask that any questions people may have prior to the seminar, be emailed to our office so that we may prepare a handout for all attendees. Additional topics can be added upon request.

These seminars range from 1 to 3 hours, depending on the questions and time taken for the case studies. This seminar improves understanding of how various wordings apply to different businesses and operations and gain insight into how coverage applies in practice. Through the use of problem based learning and numerical examples this seminar provides a practical understanding of business interruption insurance including the following:

  • Determining loss of sales
  • Numerical examples Calculating profits, earnings and business income as defined
  • Expenses to reduce the loss and increased cost of operations including expense savings
  • Rental property coverage with a loss calculation example
  • Application of Co-insurance
  • Extra Expense and other wordings
  • Ordinary payroll options and payroll coverage issues

This seminar ranges from 1 to 2 hours, depending on the questions and time taken for the case study. Presentation and discussion of the following issues:

  • Flowchart approach to adjusting inventory losses
  • Understanding inventory tracking and costing methods
  • An explanation of inventory presentation on financial statements
  • Actual Cash Value (“ACV”) and Cost
  • Sources of evidence to determine Cost and estimate ACV
  • Guidelines and tools for assessing obsolescence
  • Impact of inventory losses on Business Interruption claims

Questions are encouraged throughout the presentation. All slides will be part of a handout, as well as additional handouts that serve as examples during the seminar.

We ask that any questions people may have prior to the seminar, be emailed to our office so that we may prepare a handout for all attendees. Additional topics can be added upon request.

This seminar is usually presented after new legislation is introduced or enacted. This seminar ranges from 1/2 to 1 hour, depending on the questions asked during the session. Presentation and discussion of the following issues:

  • How recent legislative changes affect Income Replacement Benefits
  • Review of any legislative amendments to Insurance Act
  • Employed vs. Self-employed determinations
  • How the legislation is being deployed in practice and other accounting determinations
  • Overview of any upcoming changes to the SABS

Questions are encouraged throughout the presentation. All slides will be part of a handout, as well as additional handouts that serve as examples during the seminar.

We ask that any questions people may have prior to the seminar, be emailed to our office so that we may prepare a handout for all attendees. Additional topics can be added upon request.