On-Demand   On-Demand Web Programs

How to Read Financial Statements 2014

Released on: Apr. 2, 2014
Running Time: 03:26:33

Running Time Segment Title Faculty Format
[01:48:01] A Detailed Examination of Financial Statements and Financial Ratios Chad Rucker ~ Managing Director, Valuation Research Corporation
George M. Wilson, MBA, CPA ~ Director, SEC Institute, a Division of PLI
Carol A. Stacey, MSA, CPA ~ Director, SEC Institute, a Division of PLI
On-Demand MP3 MP4
[01:28:06] Financial Statements in Legal Practice Chad Rucker ~ Managing Director, Valuation Research Corporation
George M. Wilson, MBA, CPA ~ Director, SEC Institute, a Division of PLI
Ann Makich ~ Cahill Gordon & Reindel LLP
Carol A. Stacey, MSA, CPA ~ Director, SEC Institute, a Division of PLI
Breon S. Peace ~ Cleary Gottlieb Steen & Hamilton LLP
On-Demand MP3 MP4

Financial statements provide information on the financial performance of companies and are the language of business. Attorneys are often required to understand financial statements in order to provide solutions to their clients’ problems, including structuring financial transactions and litigating business disputes.

In this practical seminar, a distinguished panel of experts will provide a primer for understanding balance sheets, income statements, and cash flow statements. Among other things, the panelists will discuss key elements that all attorneys should be aware of when encountering these financial statements in the course of common corporate transactions and in litigation.

Lecture Topics 
[Total time 03:26:33]

Segments with an asterisk (*) are available only with the purchase of the entire program.

  • Opening Remarks and Introduction* [00:10:26]
    Chad Rucker
  • A Detailed Examination of Financial Statements and Financial Ratios [01:48:01]
    Chad Rucker, Carol A. Stacey, MSA, CPA, George M. Wilson, MBA, CPA
  • Financial Statements in Legal Practice [01:28:06]
    Chad Rucker, Breon S. Peace, Ann Makich, Carol A. Stacey, MSA, CPA, George M. Wilson, MBA, CPA

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

  • How to Read Financial Statements (Substantive Outline)
    Andrea L. Felesky
  • Summary of Financial Statements
    Chad Rucker
  • How to Read Financial Statements 2014 (PowerPoint Slides)
    Chad Rucker
  • Sample Financial Statements: Amazon.com Inc.
    Chad Rucker
  • Sample Annual Report: Amazon.com Inc.
    Chad Rucker
  • A Valuation Primer for Attorneys (PowerPoint Slides)
    Chad Rucker
  • Considerations in Financial Measures That Appear in Contracts
    Ann Makich
  • Glossary
    Ann Makich
  • Sample Accounting Due Diligence Questions
    Ann Makich
  • Breon S. Peace et al., Why Financial Statements Matter: Enforcement and Litigation Implications, 2013 the Banking Law Journal 794 (October Edition)
    Breon S. Peace, Jonathan S. Kolodner

Presentation Material

  • A Detailed Examination of Financial Statements and Financial Ratios
    Chad Rucker
  • Financial Statements in Legal Practice
    Ann Makich
  • Financial Statements in Legal Practice
    Breon S. Peace
Chairperson(s)
Chad Rucker ~ Managing Director, Valuation Research Corporation
Speaker(s)
Ann Makich ~ Cahill Gordon & Reindel LLP
George M. Wilson, MBA, CPA ~ Director, SEC Institute, a Division of PLI
Carol A. Stacey, MSA, CPA ~ Director, SEC Institute, a Division of PLI
Breon S. Peace ~ Cleary Gottlieb Steen & Hamilton LLP

PLI makes every effort to accredit its On-Demand Web Programs and Segments.  Please check the Credit Information box to the right of each product description for credit 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 Carolina7, 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.


Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.

*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.

 
Print Share Email