See Credit Details Below
Why You Should Attend
Whether you are a litigator or a transactional attorney, knowing the numbers behind the law will only help you in your practice. You may be litigating an accounting fraud or conducting due diligence for a merger – in either case, the numbers will come up. Understanding basic accounting will equip you with a working knowledge of how to decipher the numbers on the page and connect the law with the accounting before you.
Basics of Accounting for Lawyers is a thorough survey of basic accounting principles and how they commonly arise in legal practice. The program’s mission is not to make accountants out of lawyers, but to enhance lawyer’s knowledge of a legal matter with a baseline understanding of the financial and accounting concepts tied to that matter.
What You Will Learn
- The accounting cycle, comparative accounting
- Reading the balance sheet, income statement, statement of cash flows
- Deciphering the notes to the financial statements
- Accounting fraud, calculating damages, forensic accounting
- Tax accounting and financial accounting
- Regulatory and enforcement updates
- Legal ethics issues in accounting
- Earn Ethics credit
Who Should Attend
Attorneys interested in learning basic accounting and those operating in practice areas where financial and accounting concepts arise should find this program helpful.
Program Level: Basic
Intended Audience: Attorneys interested in learning basic accounting and those operating in practice areas where financial and accounting concepts arise should find this program helpful.
Prerequisites: A background in litigation or transactions involving financial or accounting matters or matters where finance and accounting concepts may emerge.
Advanced Preparation: None