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Accounting, Auditing and Financial Statements

Recorded on: Jun. 6, 2011
Running Time: 01:47:05

Full Transcript:


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Taken from the Web Program Pocket MBA: Finance for Lawyers Summer 2011 recorded June, 2011 in San Francisco.

Lecture Topics  [01:47:05]

Accounting, Auditing and Financial Statements  [01:47:05]
  • Overview of the accounting process, roles and responsibilities, including an overview of internal financial reporting and accounting
  • A detailed look at basic financial statements, including:
    - Balance Sheet, Shareholders’ Equity
    - Income Statement and Other Comprehensive Income
    - Statement of Cash Flows
  • Select core accounting concepts, including:
    - Cash vs. accrual accounting
    - Fair value and mark-to-market
    - Capital vs. operating
  • Overview of the audit process, types of reports, roles and responsibilities of auditors and management
  • Common-size statements, ratio analysis and trending analysis, including frequently used financial terms such as Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) and Earnings per Share (EPS)
The purchase price of this segment includes the following article from the Course Handbook available online:
  • Accounting, Auditing and Financial Statements (Presentation Slides)
    Jason Downing, Dan Berner
  • Seymour Jones, the Forensic Accountant's Role in Litigation, N.J. Law. 22-24, 26 (Aug. 2004)
    Seymour Jones

Presentation Material

  • Accounting, Auditing and Financial Statements
    Dan Berner, Jason Downing
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