An entity’s financial statements convey a great deal of significant information regarding its financial position and the results of its operations. The ability to understand financial statements is a critical skill for corporate, family, trial and other lawyers. It also is essential for lawyers reviewing financial statements to be able to "read between the lines." This session focuses on understanding financial statements, intermediate level financial analysis and essential concepts underlying the presentation of financial information and determining their veracity. At the end of the program, lawyers will be able to ask better questions regarding financial statements produced to them and or know when the level of complexity is such that they need to hire an accountant to assist in reviewing those financial statements.
The program will be taught by two forensic accountants who are both Certified Fraud Examiners and Certified Public Accountants Certified in Financial Forensics by the American Institute of Certified Public Accountants. They use a case study that incorporates many of the investigative projects they have worked on over several years. The case study includes a full set of financial statements, including footnote disclosures.
The program provides special emphasis on "financial shenanigans," ways in which Generally Accepted Accounting Principles ("GAAP") are manipulated and practical suggestions on how to find misstatements in financial statements of both public companies and medium sized, family owned businesses.
The program is ideal for corporate attorneys, trial lawyers, bankruptcy counsel, family law practitioners and general counsel.
SPEAKERS:
Lee A. Gould, CPA/ABV, JD, CFE, CFF
Michael D. Pakter, CA, CPA, CFE, CIRA, CDBV, CFF
Managing Members, Gould & Pakter Associates, LLC
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.