What is all the talk about the Tax Reform Act of 2014? What is the big deal regarding conversion from cash accounting to accrual accounting? How do you answer your managing partner when he asks you how this conversion impacts your firm? Join this webinar to get help understanding the Tax Reform Act of 2014's proposed mandatory requirement to use the accrual method of accounting for law firm accounting.

Objectives:

Discuss the proposed legislation and its current status
Identify the financial burdens and hardships the requirement might create for law firms
Determine the practical steps to make a conversion from cash basis to accrual basis accounting

CLM Credits: (Note that only the CLM credit available for this webinar is stated below. If a credit is not stated, it is not available for this program.)

CLMSM Recertification Credit: 1 hour in the subject area of Financial Management (FM)

CLMSM App Credit for Functional Specialists: 1 hour in the subject area of Financial Management (FM) towards the additional hours required of Functional Specialists to fulfill the CLM application.

Kellie Bolin is a Certified Public Accountant with 30 years of accounting and finance experience including 15 years as a Chief Financial Officer. She is the Finance Division Director at B2 Management & Consulting, LLC. As a seasoned financial management professional with demonstrated practical knowledge in start-ups, turnarounds, and growth of organizations both small and large, she is a cost conscious and profit focused leader who is recognized for her extraordinary personal integrity. Previously, Bolin founded and operated her own CPA consulting firm focused primarily on CFO services.


Practice Areas:		Business, Finance, and Accounting, Tax Law

Online Media Type:		Audio

Production Date:		10/01/2015

Level:		Basic

Category:		Standard

Duration:		1 Hours, 2 Minutes

Online Format:		On Demand

Course Type:		Public

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CLM

ALA Certified Legal Manager

Total Credits: 1

Specialty Credits:

Status: Accredited

Expiration: N/A

Training Type: Previously Recorded

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Speakers:

•	Kellie L. Bolin, CPA - Fnance Division Director, B2 Management & Consulting LLC; Austin, TX


	This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.