Finance for Lawyers Out of Stock
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Be ready when you’re called on to provide counsel on financial matters.
Having a working knowledge of the key elements of finance is important in helping your clients with their problems and meeting their objectives and goals. This program will introduce you to the language of finance and principles of accounting to guide your understanding of financial statements.
Learn to listen like an accountant.
Like it or not, lawyers need to worry about their clients’ money. We must know how to listen like accountants and financial analysts to have a thorough understanding of our clients’ financial situations. Learn to formulate successful inquiries and communicate effectively with business and financial colleagues.
This program will provide you with an understanding of the basics of finance using a case study of an existing public company to illustrate concepts in an easy-to-understand way.
- Learn to identify and use financial accounting information
- Gain a competitive edge in negotiation or litigation
- Become financially literate to better serve your clients
Home studies will be available 2-3 weeks following the live program.
CBA-CLE is committed to providing access, equal opportunity, and reasonable accommodation in its services, programs, and employment. To request an accommodation (e.g., American Sign Language Interpreters; Communication Access Realtime Translation, etc.), please contact [email protected] at least 14 business days in advance.
The program is accredited in Colorado. CBA-CLE staff can provide a Uniform Certificate of Attendance, and it is the attendee's responsibility to complete the accreditation outside of Colorado.
9:00 – 10:45 am
- 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 am
Morning Break
11:00 am – 12:15 pm
- 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 – 1:15 pm
Lunch Break (on your own)
1:15 – 2:45 pm
- 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
2:45 – 3:00 pm
Afternoon Break
3:00 – 4:00 pm
- 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
4:00 pm
Adjourn
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $529.00 USD
- Member Price $319.00 USD
- General Credits 7.00
- Ethics Credits
- EDI Credits