
Understanding and Analyzing Financial Statements
This seminar takes the mystery out of financial statements!
The ability to understand and analyze financial information is essential in all
areas of legal practice including estate planning, corporate formation and
representation, business valuation, family law, bankruptcy, litigation, workers’
compensation, and even sound law firm management. After Enron and
Sarbanes-Oxley, it has become more important than ever for accounting
misstatements and corporate financial manipulations to be understood and
avoided.
This basic-to-intermediate level seminar will show you easily adaptable
techniques for reading a balance sheet, income statement and statement of cash
flows, helping you to spot vital financial and legal issues.
You’ll be better equipped to communicate with accounting and financial
professionals and to know whether you should place reliance on financial
information.
Seminar Highlights
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All essential accounting concepts explained in plain language
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Analyzing the statement – from short-term liquidity to cash flow and forecasting
and return of invested capital
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The manipulation, use and abuse of financial statements and other misleading
practices
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Special reporting issues including leases, contingent liabilities and business
combinations
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Reporting methods, audits, compilations, income vs. cash flow, depreciable
assets, capitalization vs. expensing, and inventory flow assumptions
What Past Attendees Say
Over the years I have attended
a number of seminars that
attempted to accomplish the same objective. This was by far the best.
Very focused and not unduly technical – an excellent course for non-accountants.
Clear explanation of difficult accounting theories and terms.
Very good for those who need to learn or re-learn the basics.
I studied all of this in school, but was surprised how much I’ve forgotten or
that I misunderstood. It all seems clearer now – great review.
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