Professional Accounting Blog

    Accounting For Your Prosperity

    Manufacturing Business Interruption Loss Mitigated by Stock

    Posted by Patrick Kelleher, CPA, CFF on Jul 11, 2018 3:45:58 PM

    Topics: Investigative & Forensic Accounting Resource

    Most first-party property policies place the duty to reduce the economic impact of a loss-of-revenue event on the insureds. In the manufacturing industry, insureds that have just experienced a loss event often sell from inventory while production is interrupted, all in an effort to minimize or eliminate revenue loss. It's a simple concept.

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