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FAZ CPAs FAZ CPAs
  • Forensic Accounting
    • Economic Damages
    • Fraud & Financial Investigations
    • Insurance Loss Accounting
  • Business Valuation
    • Dispute Settlement & Litigation
    • Business Advisory
  • Business Advisory
    • Growth Planning
    • Exit/Transition Planning
    • Outsourced CFO
    • Mergers & Aquisitions
      • FAZ Selling Process
  • About
    • Our Team
    • Credentials
    • Clients
    • Industries
  • Resources
    • News & Articles
    • Case Snapshots
    • Webinars
  • Contact

About Charles S. Amodio

Charles Amodio, CPA is a Partner with FAZ (Ferraro Amodio & Zarecki CPAs). FAZ is a boutique firm specializing in forensic accounting, business valuation, and business advisory services. Charles focuses on economic damage analysis, specializing in evaluating lost earnings for individuals as a result of personal injury, wrongful death, and employment disputes. In addition, Charles analyzes lost profits for companies who have suffered a business interruption or a loss of profits due to the actions of another party.

Issues That May Arise in a Personal Injury Claim

Individuals can experience a temporary or permanent reduction in their ability to perform certain functions due to the actions or negligence of others. Forensic accountants are regularly retained in matters... read more →
  • July 7, 2021
  • Charles S. Amodio
  • Economic Damage Analysis

The Forensic Accountants Role for Life Care Plans

Ultimately, the goal of most every personal injury and medical malpractice case is to obtain compensation for a person who has been injured.  New York law recognizes several categories of... read more →
  • June 2, 2021
  • Charles S. Amodio
  • Economic Damage Analysis

Forensic Accountants Can Add Value to Personal Injury Cases

As forensic accountants, we provide objective financial analysis, calculations and advice to support both plaintiffs and defendants in personal injury cases. This article provides a perspective on how a forensic... read more →
  • April 27, 2021
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting

Measuring Base Earnings for Personal Injury Claims

The base earnings are the foundation for establishing an income stream for projecting personal injury lost earnings claims.   The damages expert should include any and all sources of earnings at... read more →
  • February 11, 2021
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting

Considerations for Projecting Future Loss of Earnings for Individuals

In many personal injury cases, the award of damages often centers on the calculation of the loss of future earnings.  The loss of future earnings is awarded where the jury... read more →
  • January 10, 2021
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting

Issues Unique to Estimating Personal Injury Damages

As with most cases, many of the disputes that arise in estimating damages for lost personal income can be resolved by applying the basic damages framework. Damages are the difference... read more →
  • December 13, 2020
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting

The Role of a Forensic Accountant in Personal Injury Claims

Forensic Accountants are often asked to assist attorneys and insurance companies in the quantification of economic losses resulting from personal injury, wrongful death or lost employment.   Individuals are assets that can... read more →
  • November 16, 2020
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting

Loss of Income versus Loss of Earnings Capacity

In personal injury cases, the term loss of income refers to wages or employment benefits that are lost as a result of the injury that has caused the personal injury claim.... read more →
  • September 21, 2020
  • Charles S. Amodio
  • Economic Damage Analysis

Projecting Sales for Business Interruption Claims

The starting point for most business interruption claims is determining lost sales. The lost sales calculation establishes the foundation for deriving the cost of sales and the lost profits. Lost... read more →
  • June 22, 2020
  • Charles S. Amodio
  • Forensic Accounting, Insurance Claims Services

The Value of Forensic Accountants in a Business Interruption Claim

In today’s economic environment, everyone is looking for value. In my experience, I have found that the earlier the forensic accountant is involved in the claim process, the more value... read more →
  • June 15, 2020
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting, Insurance Claims Services

COVID-19 and Business Interruption Claims

Businesses are experiencing an unprecedented disruption as a result of the coronavirus pandemic, COVID-19. In many states, all businesses except those deemed essential have been shut down causing substantial, and... read more →
  • May 1, 2020
  • Charles S. Amodio
  • Economic Damage Analysis, Forensic Accounting, Insurance Claims Services

Actual Sales Considerations for Business Interruption Claims

When a company suffers an interruption, they may generate actual sales subsequent to the event and those actual sales will usually be less than the projected But-For sales during the time... read more →
  • March 17, 2020
  • Charles S. Amodio
  • Forensic Accounting, Insurance Claims Services
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