See Credit Details Below
Why You Should Attend
Designed for lawyers of all experience levels, this program will review which common accounting concepts emerge in legal work and what lawyers should consider when encountering them. Having a basic knowledge of accounting concepts empowers lawyers in their practice, allowing them to better understand the full picture of legal matters they work on that involve elements of accounting or finance.
Experts in the legal and accounting professions will lead attendees through practical segment discussions, taking an in-depth look at the elements of varying financial statements and what they really reveal about the entity overall. There will be segments addressing how to best use financial statements and other financial documentation in forensic investigations, as well as in calculating damages. Additionally, attendees will have the opportunity to learn the ethics mistakes that should be avoided when dealing with accounting.
What You Will Learn
- Understanding Generally Accepted Accounting Principles (GAAP)
- Learning the accounting cycle
- How to read the balance sheet, income statement, statement of cash flows, and notes to the financial statements
- Ethical considerations in working with financial experts
- Regulatory changes and views from those impacted or involved in the changes
- Tax accounting vs book accounting
- Accounting fraud and damages calculations
- Earn one hour of Ethics CLE credit
Who Should Attend
Attorneys at all levels who are interested in learning basic accounting, as well as those operating in practice areas where financial and accounting concepts arise.
Program Level: Overview
Intended Audience: Lawyers of all experience levels
Advanced Prep: None