FINANCE FOR LAWYERS
In-Person Live Seminar
ITEM #:  1031652001   |   EVENT CODE:  291084    |   CREDIT STATUS:  APPROVED
MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

MINNEAPOLIS

Friday, April 3, 2020

9:00 AM - 4:30 PM   |   Check-In:  8:30 AM

Minnesota CLE Conference Center

600 Nicollet Mall # 370

3rd Floor, City Center

Minneapolis, MN 55402

Finance for Lawyers

Key Concepts You Need to Know to Make Dealing with Your Clients' Financial Information More Manageable!

Back by Popular Demand!
Veteran CPA and financial trainer JOE NOVELLO takes complex concepts and breaks them down in a simple, easy-to-follow format. He uses humor, intrigue, and real-world examples to highlight key takeaways for lawyers.

Concepts Covered Include:

  • The Basic Equation of Finance
  • Financial Statements
  • Accounting Methodologies and Principles
  • Who’s Who in Financial Reporting
  • Key Numbers and Ratios
  • Present Value Concepts
  • Business Valuations
  • Fundamentals of Financial Investment
  • Fraud Schemes
  • And much, much more!

The goal of this seminar is to provide you with a solid understanding of the basics of finance. A case study of an existing public company is used to illustrate financial concepts in an easy-to-understand way. You'll learn to identify and use financial accounting information relevant to a wide range of legal matters. And, you'll gain a competitive edge in negotiation or litigation with an increased understanding of financial matters.

Schedule times below are for the live seminar. Please refer to DATES & LOCATIONS for individual replay start times.

8:30 – 9:00 a.m.
CHECK-IN & CONTINENTAL BREAKFAST


9:00 – 10:45 a.m.

Foundations of Modern Accounting and the Basic Equation of Finance

Financial Statements (Part 1)

  • Understanding balance sheets
  • Learn about income and cash-flow statements


10:45 – 11:00 a.m.
BREAK


11:00 a.m. – 12:15 p.m.

Financial Statements (Part 2)

  • Notes to financial statements
  • Statement of equity and other comprehensive income
  • Management discussion and analysis
  • Auditor’s report
  • SOX certifications

Accounting Methodologies and Principles

  • Difference between accrual vs. cash basis
  • Overview of other main principles

Who’s Who in Financial Reporting

  • Role of government and non-government regulators 

Private Company Accounting

  • Big company vs. small company GAAP
  • Role of finance in a company and related legal support
  • Private companies and the CPA
  • Alternative services – reviews and compilations


12:15 – 12:30 p.m.
QUESTIONS & ANSWERS


12:30 – 1:30 p.m.
LUNCH (on your own)


1:30 – 3:00 p.m.

Key Numbers and Ratios

  • Earnings per share (EPS)
  • Price/earnings (PE) ratio
  • Revenue and earnings growth
  • Financial ratios – liquidity, solvency, profitability

Present Value Concepts and Business Valuations

  • Simple present value
  • Why do you need to value a business?
  • Business valuation methodologies
  • Resources geared toward lawyers


3:00 – 3:15 p.m.
BREAK


3:15 – 4:15 p.m.

The Lawyer’s Role in Financial Audits

  • Grasping the ABA and AICPA joint process

Basic Concepts of Financial Investment

  • Risk vs. return
  • Modern portfolio theory and diversification

Financial Fraud Schemes


4:15 – 4:30 p.m.
QUESTIONS & ANSWERS


– Presented by Joe Novello
Joseph Novello, CPA MBA, began his career in accounting and management consulting at Ernst & Young in New York City. He obtained his CPA license in New York and his MBA in Finance from New York University. He’s gained a wealth of experience from working in both domestic and foreign Fortune 500 companies as Controller, CFO, Director of Planning and Analysis, and Director of Sales Operations.

IN-PERSON LIVE PRESENTATION
Friday, April 3, 2020
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota

IN-PERSON REPLAYS
Schedule times for replays may differ from those for the live program. Start times are as indicated below. Please register at least one week in advance to secure your copy of the course materials on the day of the seminar.

Minneapolis – 4/30/20 (Check-In 8:30; Replay 9:00)
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street and Nicollet Mall, Third Floor City Center

In-Person Live:  $295 MSBA members / $295 paralegals / $345 standard rate
In-Person Replay:  $255 MSBA members / $255 paralegals / $305 standard rate

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.

MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
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