On-Demand   On-Demand Web Programs

How to Read Financial Statements 2017

Released on: Apr. 6, 2017
Running Time: 03:11:56

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.

At this practical half-day event, a distinguished panel of experts will provide a primer for understanding balance sheets, income statements, and cash flow statements.  The panelists will discuss basic elements that all attorneys should be aware of when encountering these financial statements in the course of common business transactions and in litigation.

You will learn:

  • Understand how to read, understand, and analyze balance sheets, income statements, and cash flow statements
  • Identify the asset, liability, and equity sections of a balance sheet
  • Understand revenues and expenses in the income statement
  • Interpret the statement of cash flows including cash from operations
  • Learn how to calculate EBITDA and free cash flow
  • Analyze certain financial metrics and qualitative factors that can be potential warning signs, indicative of a need for more in depth investigations
  • Learn to calculate key ratios with examples

Special Features

  • NY Transitional attorneys: Earn Skills credit

The program is targeted to attorneys who are seeking a basic understanding of reading financial statements. Any attorney who works with financial information whether in the course of business transactions, including M&A and corporate financing transactions, securities filings, or in the context of litigation, will benefit from this program.

Lecture Topics [Total time 03:11:56]

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


  • Opening Remarks and Introduction* [00:00:32]
    Chad Rucker
  • Balance Sheet Analysis and Application [01:11:25]
    Chad Rucker, Carol A. Stacey, MSA, CPA, George M. Wilson, MBA, CPA
  • Income Statement Analysis and Application [01:00:38]
    Chad Rucker, Carol A. Stacey, MSA, CPA, George M. Wilson, MBA, CPA
  • Cash Flow Statement Analysis and Application [00:59:21]
    Chad Rucker, 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:


  • COMPLETE COURSE HANDBOOK
  • The Lawyer’s Guide to Understanding Financial Statements—Part One
    George M. Wilson
  • The Lawyer’s Guide to Understanding Financial Statements—Part Two
    George M. Wilson
  • The Lawyer’s Guide to Understanding Financial Statements—Part Three
    George M. Wilson
  • Glossary of Terms, Financial Statement Terminology—In Financial Statement Order
    George M. Wilson
  • Financial Statement Flow Spreadsheet
    George M. Wilson
  • Case Problem—Example Company A
    George M. Wilson
  • Case Ratios Solution—Example Company A
    George M. Wilson
  • Intel Corporation, Consolidated Financial Statements from Form 10K for the Fiscal Year ended December 27, 2014
    George M. Wilson
  • L3 Technologies, Inc., Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order, Securities Exchange Act of 1934 Release No. 79772, Accounting and Audit Enforcement Release No. 3844, Administrative Proceeding File No. 3-17769 (SEC Jan. 11, 2017)
    George M. Wilson

Presentation Material


  • How to Read Financial Statements 2017
    Chad Rucker, Carol A. Stacey, MSA, CPA, George M. Wilson, MBA, CPA
Chairperson(s)
Chad Rucker ~ Managing Director, Valuation Research Corporation
Speaker(s)
Carol A. Stacey, MSA, CPA ~ Director, SEC Institute, a Division of PLI
George M. Wilson, MBA, CPA ~ Director, SEC Institute, a Division of PLI
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Related Items

Live Programs  Live Programs

How to Read Financial Statements 2018 (New York, NY) Apr. 9, 2018

Handbook  Course Handbook Archive

How to Read Financial Statements 2018  
How to Read Financial Statements 2017 Chad Rucker, Valuation Research Corporation
 
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