Accounting & Financial Statements for Lawyers
Los Angeles, CA - Approved for 6.5, including 1.0 ethics
| Date: | October 30, 2008 | |
| Time: | 9:00 a.m. - 5:00 p.m. | |
| Location: | Courtyard Century City | |
| Tuition: | $449 (until October 16, 2008) $499 (after October 16, 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.
Click here to download Chapter 1 of The Wall Street MBA by Telestrat President Reuben Advani
| 9:00 a.m. - 10:00 a.m. |
Accounting BasicsDouble Entry Accounting, Cash vs. Accrual, GAAP, Financial Statements |
| 10:00 a.m. - 10:45 a.m. | Balance SheetAssets, Liabilities, Owner's Equity, Sample Balance Sheet, Capital Formation Options |
| 10:45 a.m. - 11:30 a.m. | Income StatementElements 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 StatementSample 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 AnalysisActivity 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 ManipulationWhat 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-OxleyGeneral Facts, Accounting Oversight Board Duties, How does this affect Lawyers? |
Chuck Bush
Film Industry Finance Executive and Consultant
Chuck Bush has over 15 years of corporate finance, film finance, and strategic consulting experience. He is President and CEO of Great Road Capital, Inc. (GRC), a Los Angeles-based financial and strategic advisory firm specializing in media, entertainment, and technology companies.
Previously, Mr. Bush was Chief Financial Officer of Our Stories Films, LLC (OSF), a film production company founded by Robert L. Johnson, founder and former CEO of BET. At OSF, Mr. Bush implemented and managed the company's finance and accounting systems and led negotiations with potential financiers for a major corporate financing.
Prior to forming GRC, Mr. Bush was Senior Vice President of Finance and Business Development at Patriot Pictures, LLC, a film financing and production company. At Patriot, he focused on structuring, arranging, and negotiating project finance transactions in film.
Prior to joining Patriot, Mr. Bush was an Assistant Vice President in JPMorgan's Entertainment Industries Group in Los Angeles. While at JPMorgan, Mr. Bush helped finance some of the most influential companies in the entertainment business, including major film studios and emerging production companies. Mr. Bush has experience working on a wide array of corporate finance deals, including structured finance, IPO, M&A, and high yield transactions.
Mr. Bush began his career as a strategy consultant at Monitor Company, where he helped Fortune 100 clients identify strategic partners, launch new products, value potential M&A targets, and execute LBO transactions.
Mr. Bush received an AB in Economics from Harvard University and an MBA in Finance from the Wharton School at the University of Pennsylvania.
Courtyard Century City
10320 West Olympic Boulevard
Los Angeles, CA 90064
310.556.2777
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Bundle Package
Attend this educational seminar and receive two additional items at one incredible price.
- Reuben Advani's The Wall Street MBA and
- Telestrat's Accounting & Corporate Finance CD-ROM
Only $99.00 + Registration Fee, a savings of over 50% off the book and CD-ROM!