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.

Live Webcasts

Telestrat periodically holds live interactive webcasts covering business topics. These live webcasts are scheduled at specific times and include both an online component and a phone teleconference.

Accounting Part I: Understanding Financial Statements

Format:Live webcast - facilitates real-time interaction with instructor
Date:November 3, 2008
Time:12pm - 2pm Eastern, 9am - 11am Pacific
CLE Credits:Usually 1.5 - 2 depending on the state
Presented by:Max Minkoff, Corporate Executive, Business Professor
Tuition:$199/ Session

Analyzing financial statements has been a task traditionally performed by investment bankers and accountants. However, with accounting scandals threatening to erode confidence in corporate America, attorneys are taking on a prominent role in preparing and analyzing financial statements. From financial statement reporting to detecting fraud, this Continuing Legal Education (CLE/MCLE) course is designed to give attorneys a two hour overview of accounting techniques, their relevance, and problems associated with each.

  1. Accounting Basics
    • Double Entry Accounting
    • Cash vs. Accrual Accounting
    • Generally Accepted Accounting Principles (GAAP)
    • Auditor's Report
    • Footnotes
  2. Balance Sheet
    • Uses
    • Components
    • Analysis
    • Links to Income Statement and Cash Flow Statement
  3. Income Statement
    • Uses
    • Components
    • Analysis
    • Links to Balance Sheet and Cash Flow Statement
    • Revenue Recognition
  4. Cash Flow Statement
    • Uses
    • Components
    • Analysis
    • Links to Income Statement and Balance Sheet
    • Optimal Cash Balance

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.