An understanding of key financial, accounting and economic concepts, principles and terminology will contribute to your ability to interact with and advise your clients with their critical issues. The ability to identify and appropriately use financial and accounting information is relevant to a wide range of legal and regulatory matters for both external and in-house attorneys. Litigators and transactional attorneys alike will benefit from this practical course designed specifically for non-accountant attorneys and allied professionals and taught by members of the nation’s top accounting, tax and advisory firms, major alternative asset managers and investment banks, leading law firms and universities.
Case studies will be incorporated throughout the various segments to provide you with a practical perspective on how business transactions impact financial statements and offer “hands-on” experience with performing financial ratio calculations and analysis, comparisons of different capital structures, effective use of financial statement disclosures and footnotes, legal issues and use of valuations in M&A litigation, and more.
Lecture Topics [Total time 12:25:00]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Opening Remarks and Introduction* [00:05:42]
Kirsten S. Aunapu, Eric B. Sloan
- Overview of Relevant Accounting Frameworks and Sources of Information [01:04:30]
Erik M. Moe
- A Detailed Look at Basic Financial Statements [01:32:00]
Dan Berner, Jason Downing
- Practical Elements of Finance [01:14:10]
Jennifer L. Blouin, Brian Doyle
- Capital Structure [01:16:40]
Katharine A. Martin, Lewis R. Steinberg, William B. Brentani, Eric B. Sloan
- Closing Business Transactions [00:58:55]
Drew A. Buechley, Michael Goodman
- Valuation Application and Methodologies [01:29:55]
Dan Knappenberger, Kenneth P. Herzinger
- Integrated Performance Management [01:31:10]
Dan Berner, Jason Downing
- Solvency, Restructuring and Bankruptcy [00:58:25]
Todd J. Rosen, Doug Lane, Cynthia A. Nelson
- Financial Analysis of Tax Partnerships [00:51:53]
Bradley T. Borden
- Professional Ethics in the Transactional Setting [01:21:40]
Dennis J. Ventry, Jr., Bradley T. Borden
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- Magnus Orrell, Beth Young and Ana Zelic, Work in Progress: SEC Compares IFRSs with U.S. GAAP and Analyzes IFRSs in Practice, Deloitte, Heads Up, Vol. 18, Issue 39 (Dec. 2, 2011)
Erik M. Moe
- Magnus Orrell, Beth Young and Ana Zelic, IFRSs Eve? SEC Receives Comments on Potential Method of Incorporating IFRSs into U.S. Reporting System, Deloitte, Heads Up, Vol. 18, Issue 35 (Nov. 8, 2011)
Erik M. Moe
- Deloitte, IFRS: Keeping Boards and Audit Committees Informed (Updated Oct. 11, 2011)
Erik M. Moe
- Stuart Moss and Timothy Kolber, Private Matters, Proposed Council to Improve Standard Setting for Private Companies, Deloitte, Heads Up, Vol. 18, Issue 28, Oct. 10, 2011
Erik M. Moe
- Deloitte, Key Factors Shaping Financial Reporting: The Decade Ahead
Jason Downing, Dan Berner
- Practical Elements of Finance--Outline
Brian Doyle, Jennifer L. Blouin
- Financing Alternatives for Small to Mid-Market Public Companies
Katharine A. Martin, Michael A. Occhiolini
- Closing Business Transactions--Outline
Drew A. Buechley, Michael Goodman
- Valuation: Application and Methodologies
Kenneth P. Herzinger, Dan Knappenberger
- Deloitte, Being Public: Economic Uncertainty. Market Volatility. Now Is the Time to Act Like a Public Company.
Jason Downing, Dan Berner
- Kevin Lavin, Corporate Defaults Go Their Own Way
Cynthia A. Nelson
- Gina Gutzeit & John Yozzo (Contributing Editors), Revisiting Post-Emergence Performance
Cynthia A. Nelson
- Stephen R. Dube, Practical Management Initiatives in Chapter 11 Bankruptcy Preparation
Cynthia A. Nelson
- Financial Analysis of Non-Corporate Entities
Bradley T. Borden
- Giving Legal Advice in the Face of Uncertainty
Bradley T. Borden, Dennis J. Ventry, Jr.
- PLI--Capital Structure Considerations (June 2012) (PowerPoint Slides)
Eric B. Sloan, Lewis R. Steinberg, Katharine A. Martin, William B. Brentani
- Valuation: Application and Methodologies (PowerPoint Slides)
Kenneth P. Herzinger, Dan Knappenberger
- Solvency, Restructuring and Bankruptcy (PowerPoint Slides)
Todd J. Rosen, Doug Lane, Cynthia A. Nelson
- Index to Pocket MBA Summer 2012
Presentation Material
- Overview of Relevant Accounting Frameworks and Sources of Information
Erik M. Moe
- JDB Company Balance Sheets (Handout)
Jason Downing
- A Detailed Look at Basic Financial Statements
Jason Downing
- Practical Elements of Finance
Jennifer L. Blouin
- Capital Structure
William B. Brentani
- Closing Business Transactions
Michael Goodman
- Valuation Application and Methodologies
Dan Knappenberger
- Integrated Performance Management
Jason Downing
- Solvency, Restructuring and Bankruptcy
Todd J. Rosen
- Financial Analysis of Tax Partnerships
Bradley T. Borden
- Professional Ethics in the Transactional Setting
Dennis J. Ventry, Jr.
Co-Chair(s)
Kirsten S. Aunapu ~ Partner, National Office Accounting Consultation, Deloitte & Touche LLP
Speaker(s)
Jennifer L. Blouin ~ Associate Professor of Accounting, The Wharton School, University of Pennsylvania
Jason Downing ~ Principal, Strategy & Operations, Deloitte Consulting LLP
Dan Knappenberger ~ Principal, Valuation Services, Deloitte Financial Advisory Services LLP
Erik M. Moe ~ Director, Accounting, Valuation and Analytics, Deloitte & Touche LLP
Lewis R. Steinberg ~ Managing Director, Head of Strategic Advisory (Investment Banking Department), Credit Suisse Securities (USA) LLC
PLI makes every effort to accredit its On-Demand Web Programs and Segments. Please check the CLE Calculator above for CLE information specific to your state.
On-Demand Web Programs and Segments are approved in:
Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6, North Carolina8, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.
Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.
Minnesota approves live webcasts ONLY
The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement.
*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.
1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa: The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.
3Missouri: On-demand web programs are restricted to six hours of self-study credit per year. Self-study may not be used to satisfy the ethics requirements. Self-study can not be used for carryover credit.
4New Hamphsire: The approval is for three years from recorded date.
5New Mexico: On-Demand web programs are restricted to 4.0 self-study credits per year.
6New York: Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
7North Carolina: A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs.
8Ohio: To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
9Oklahoma: Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.
10Pennsylvania: PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
11Rhode Island: Audio Only On-Demand Web Programs are not approved for credit. On-Demand Web Programs must have an audio and video component.
12Tennessee: The approval is for the calendar year in which the live program was presented.
13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
14Wisconsin: Ethics credit is not allowed. The ethics portion of the program will be approved for general credit. There is a 10 credit limit for on-demand web programs during every 2-year reporting period. Does not approve of Audio-only On-Demand Webcasts.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.