Basics of Accounting for Lawyers 2014: What Every Practicing Lawyer Needs to Know

Why you should attend

Accounting is a language of business. Because attorneys encounter accounting information in a wide range of legal issues, it is critical for lawyers to understand financial statements and core accounting concepts. This practical course, specifically designed for the non-accountant attorney, will provide an understanding of financial statements and the key principles of accounting, using real-life examples of accounting issues that attorneys commonly face. Whether you are in-house or external counsel, Basics of Accounting for Lawyers 2014 will help you to help your company or clients. Basics of Accounting for Lawyers will also offer insight into the effective use of financial experts, accounting and financial issues where attorneys can put themselves at risk, and current hot topics in accounting and business.

What you will learn

• Understanding Generally Accepted Accounting Principles (GAAP)
• Generally Accepted Auditing Standards (GAAS)
• The Accounting Cycle
• How to read:
  • The Balance Sheet
  • The Income Statement
  • The Statement of Cash Flows
  • The Notes to the Financial Statements
• How lawyers can effectively use accountants as experts
• Recent regulatory changes and views from those impacted or involved in the changes
• Awareness of different accounting and reporting frameworks and requirements
• Ethical issues for attorneys and accountants

Times:
9 a.m. – 5 p.m. EST (day one)
9 a.m. – 4:45 p.m. EST (day two)

Program is approved for 12.00 hours of CLE; (10.50 general instruction and 1.50 ethics instruction).

Please contact Robin Hallagan if you would like to attend, there is a cost associated with this program.