Telestrat is a worldwide leader in continuing legal education (CLE) courses. Our Telestrat MBA Seminar Series has brought the world of finance, accounting, and business strategy to lawyers in the U.S., Europe, and Asia.

Accounting & Financial Statements for Lawyers

Boston, MA - Approved for 6 - 8 credits in most states

Date:October 27, 2008
Time:9:00 a.m. - 5:00 p.m.
Location:Marriott-Boston Copley Place
Tuition:$399 (until October 13, 2008)
$449 (after October 13, 2008)

(Call about special group rates)

Understanding financial statements and their relevance to various types of business and legal work is becoming increasingly important in the aftermath of numerous accounting scandals. Attorneys can no longer rely on the opinions of finance and accounting professionals and therefore must have a basic understanding of accounting. Additionally, attorneys face new liabilities in accounting matters since the passage of the Sarbanes-Oxley Act of 2002. This Continuing Legal Education (CLE/MCLE) course is designed to give attorneys a one day overview of accounting techniques, their relevance, and problems associated with each.

9:00 a.m. - 10:00 a.m.
Accounting Basics
Double Entry Accounting, Cash vs. Accrual, GAAP, Financial Statements
10:00 a.m. - 10:45 a.m.
Balance Sheet
Assets, Liabilities, Owner's Equity, Sample Balance Sheet, Capital Formation Options
10:45 a.m. - 11:30 a.m.
Income Statement
Elements Explained, Recognizing Revenue, Tracking Expenses, FIFO vs. LIFO, Links Between Income Statement & Balance Sheet, Depreciation
11:30 a.m. - 12:00 p.m.
Cash Flow Statement
Sample Cash Flow Statement, Shortfalls of Cash Flow, Free Cash Flow
12:00 p.m. - 1:00 p.m.
Lunch (on your own)
1:00 p.m. - 3:00 p.m.
Financial Statement Analysis
Activity Analysis, Liquidity Analysis, Profitability Analysis, Market Analysis, Book Value vs. Market Value, Earnings Per Share, Basic vs. Diluted Earnings
3:00 p.m. - 4:00 p.m.
Fraud and Manipulation
What is Fraud?, Types of Fraud, Off-Balance Sheet Entities, Case Study:  Enron, Profit Smoothing, Footnotes – Spotting the Red Flags
4:00 p.m. - 5:00 p.m.
Sarbanes-Oxley
General Facts, Accounting Oversight Board Duties, How does this affect Lawyers?

Reuben Advani

Former Investment Banker, Author, Professor

Reuben Advani is president of Telestrat Consulting, Inc., a financial advisory boutique which specializes in corporate valuation. Mr. Advani began his career with the Wall Street bank, Morgan Stanley & Co., Inc. where he worked in the firm’s corporate finance division. At Morgan Stanley, he performed detailed valuation analysis on acquisition targets for Fortune 500 companies and oversaw the coordination of several debt and equity issuances. After Morgan Stanley, Mr. Advani joined Sony Corporation of America where he was active in the development of Sony's online initiatives. Mr. Advani has provided consulting services to companies throughout the U.S. and Latin America and has held interim positions with several of them including CFO and COO. He is a frequent speaker on topics ranging from corporate valuation to financial reporting and is the author of The Wall Street MBA (McGraw-Hill).

Mr. Advani holds a BA from Yale University and an MBA from the Wharton School, and serves as an adjunct professor of finance at Drexel University.

Marriott-Boston Copley Place
110 Huntington Avenue
Boston, MA, 02116
617.236.5800

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Bundle Package

Attend this educational seminar and receive two additional items at one incredible price.

Only $99.00 + Registration Fee, a savings of over 50% off the book and CD-ROM!