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 and Financial Statements On-Demand

Format:On Demand Webcast - available 24 hours/day
Length:6.5 Hours
CLE Credits:Usually 6-8 credits (depending on the state)
Accreditation:Telestrat offers CLE credits for our online programs based on our Accredited Provider Status in CA and PA, and through CA reciprocity in many other states.
Presented by:Max Minkoff, Corporate Executive, Business Professor
Tuition:$199/ Session

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 On-Demand Continuing Legal Education (CLE/MCLE) course is designed to give attorneys a complete overview of accounting techniques, their relevance, and problems associated with each.

45 minutes
Accounting Basics
Double Entry Accounting, Cash vs. Accrual, GAAP, IFRS, Financial Statements
35 minutes
Balance Sheet
Assets, Liabilities, Owner's Equity, Sample Balance Sheet
85 minutes
Income Statement
Elements Explained, Recognizing Revenue, Tracking Expenses, FIFO vs. LIFO, Links Between Income Statement & Balance Sheet, Depreciation, Balance Sheet Problem
75 minutes
Cash Flow Statement
Sample Cash Flow Statement, Shortfalls of Cash Flow, Cash Flow Problem
60 minutes
Financial Statement Analysis
Comparative Analysis, Activity Ratio Analysis, Liquidity Ratio Analysis, Profitability Ratio Analysis, Market Ratio Analysis, Book Value vs. Market Value, Earnings Per Share
105 minutes
Fraud and Manipulation
What is Fraud?, Types of Fraud, Mark-to-Market Accounting, Off-Balance Sheet Entities, Case Study:  Enron, Profit Smoothing, Sarbanes-Oxley, 10-K Problem

Max Minkoff

Corporate Executive, Business Professor

Max Minkoff is Chief Operating Officer of Telestrat Consulting, Inc., a financial advisory boutique which specializes in corporate valuation. Mr. Minkoff began his career with Rohm and Haas Company and has since served as CEO, COO, CFO, and CTO at a variety of emerging growth companies, beginning with VictorMaxx Technologies, a Virtual Reality consumer product company that he helped take public in 1995. Mr. Minkoff also started and worked with several other successful companies, including ShotTower LLC, a private-label foods manufacturer, Blogarithm, a popular Internet service for blog readers, and DocuVault Delaware Valley, a fast-growing records archive and destruction service.

Mr. Minkoff has taught university courses in business management and holds an MBA from The Wharton School at the University of Pennsylvania.

Please follow these steps to view an On-Demand webcast:

  1. Click the "Register & Watch Now" Button above.
  2. Fill in the order form and click "Pay by Credit Card".
  3. Once your payment has been accepted, be sure to click the "Complete Your Registration" button for your personal code (it will also be sent immediately via email).
  4. Visit the web address provided with your personal code.

The Financial Training You Need

without having to become an expert

For nearly a decade, Telestrat has brought the world of finance and accounting to professionals and students worldwide.

The Telestrat Method
  • Distill complex business concepts down to their most salient parts
  • Use real-world examples to clarify relevant concepts
Telestrat Speakers
  • All Telestrat speakers are distinguished professionals
  • Each speaker possesses the unique ability to present complex subject matter in an engaging manner
Many Seminar Options