You will be introduced to the underlying concepts behind financial reporting. These are the principles that must be understood to make full use of financial information. They also are critical in communicating with business and financial people, including knowing the right questions to ask.
Then you will be taken step-by-step into reading a complete financial statement. Dealing with incomplete reporting that is common in private companies is also covered. This course prepares you for BASIC FINANCIAL STATEMENT ANALYSIS FOR LAWYERS.
Agenda
- Concepts underlying financial reporting
- Generally accepted accounting principles (GAAP)
- GAAP vs. non-GAAP reporting
- Levels of assurance in CPA-prepared financials
- Depreciable assets
- Net income vs. cash flow
- Capitalization vs. expense
- Inventory
- Time value of money
- Other basic concepts
- The Financial Statements
- Balance Sheet
- Income Statement
- Statement of Cash Flows
- Notes to the Financial Statement
If you purchase a Live Webcast and miss all or part of it on the day it is scheduled, you will receive an email the next week letting you know that it’s available as an archived copy. At that point, it will be available to you to view for 90 days from the date of purchase.
ALL CREDIT MINUTES FOR NHBA CLE PROGRAMS WILL BE REPORTED TO THE NHMCLE ART SYSTEM FOR YOU TYPICALLY WITHIN TWO BUSINESS DAYS OF PRINTING THE PROGRAM CERTIFICATE.
Materials:
Materials for In-Person Seminars, Online seminars, CLEtoGo seminars and Live Webcasts will come in pdf format closer to the program for you to download and save/print. They will be available in your online account through this catalog.
The opinions expressed by the speakers and panelists are their own and do not necessarily reflect the views of the New Hampshire Bar Association. The New Hampshire Bar Association does not endorse or assume responsibility for any statements made during this program.
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