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.

Financial Reporting Issues—What Lawyers Need to Know

San Francisco, CA - Approved for 6.5, including 1.0 ethics

This seminar has been postponed, but a new date has not yet been set. Please contact our office at 1.877.647.5460 for more info.

Date:August 15, 2008
Time:9:00 a.m. - 5:00 p.m.
Location:Le Meridien
Tuition:$449 (until August 1, 2008)
$499 (after August 1, 2008)
(Call about special group rates)

In the wake of the massive corporate accounting scandals such as Enron, WorldCom, and Parmalat, the importance of detecting financial reporting problems has taken on new proportions. No longer reserved exclusively for accounts and financial analysts, accounting problems affect most attorneys who now must detect and report any suspicions of questionable reporting practices as per the Sarbanes-Oxley Act of 2002. This Continuing Legal Education (CLE/MCLE) course is designed to equip attorneys with the basic skills to determine signs of corporate accounting problems along with guidance on what to do when confronted with such matters.

Click here to download Chapter 1 of The Wall Street MBA by Telestrat President Reuben Advani

9:00 a.m. - 10:00 a.m.
The Nature of Fraud
Recognizing the Symptoms of Fraud, Approaches to Detecting Fraud
10:00 a.m. - 11:30 a.m.
Inadequate Disclosures
Balance Sheet, Income Statement, Cash Flow Statement, Footnotes
11:30 a.m. - 12:00 p.m.
MD&A Report
12:00 p.m. - 1:00 p.m.
Lunch (on your own)
1:00 p.m. - 3:00 p.m.
Financial Statement Fraud
Revenue Recognition, Percentage of Compliance, Inventory Valuation, Fictitious Sales, Deferred Expenses, Unrecorded Liabilities, Mark-to-Market Accounting, Off-Balance Sheet Structures
3:00 p.m. - 3:30 p.m.
Preventing Fraud
Sarbanes-Oxley, Internal Controls
3:30 p.m. - 4:00 p.m.
Case Studies
Enron, WorldCom
4:00 p.m. - 5:00 p.m.
Ethical Violations Versus Fraud
Ethical Responsibility of Managers, Ethical Responsibility of Auditors, Legal Follow-Up on Fraud

Sajjad Jaffer

Software Executive, Former Private Equity Analyst

Based in Silicon Valley, Sajjad has held consulting and operating roles at leading venture backed and publicly traded technology companies including Infosys, Microsoft, Akamai, Trilogy, and Mercatrix. An advisor to Silicon Valley venture capital firms and startups, Sajjad worked with M&T Bank, (a Berkshire Hathaway company) where he orchestrated several acquisition transactions. Sajjad has also worked with the World Bank in Switzerland where he developed a private equity fund focused on investing in mid market companies in Africa.

Sajjad Jaffer graduated from the MBA program at the Wharton School and holds a Bachelor's Degree from Bowdoin College in Computer Science, Government, and Economics.

Le Meridien
333 Battery Street
San Francisco, CA 94111

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