Accounting & Financial Statements for Lawyers
Please find a list of upcoming dates and locations for this course on the list to the right.
You can find out more information by contacting Telestrat at or by calling 1.877.647.5460.
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
| 60 minutes |
Accounting BasicsDouble Entry Accounting, Cash vs. Accrual, GAAP, Financial Statements |
| 45 minutes | Balance SheetAssets, Liabilities, Owner's Equity, Sample Balance Sheet, Capital Formation Options |
| 45 minutes | Income StatementElements Explained, Recognizing Revenue, Tracking Expenses, FIFO vs. LIFO, Links Between Income Statement & Balance Sheet, Depreciation |
| 30 minutes | Cash Flow StatementSample Cash Flow Statement, Shortfalls of Cash Flow, Free Cash Flow |
| 60 minutes | Lunch (on your own) |
| 120 minutes | Financial Statement AnalysisActivity Analysis, Liquidity Analysis, Profitability Analysis, Market Analysis, Book Value vs. Market Value, Earnings Per Share, Basic vs. Diluted Earnings |
| 60 minutes | Fraud and ManipulationWhat is Fraud?, Types of Fraud, Off-Balance Sheet Entities, Case Study: Enron, Profit Smoothing, Footnotes – Spotting the Red Flags |
| 60 minutes | Sarbanes-OxleyGeneral Facts, Accounting Oversight Board Duties, How does this affect Lawyers? |
- Tue, Aug 10, 2010: Austin, TX
- Wed, Aug 11, 2010: Charlotte, NC
- Wed, Aug 11, 2010: Dallas, TX
- Thu, Aug 12, 2010: Houston, TX
- Mon, Aug 16, 2010: Minneapolis, MN
- Tue, Aug 17, 2010: Chicago, IL
- Mon, Aug 23, 2010: Boston, MA
- Tue, Aug 24, 2010: Pittsburgh, PA
- Thu, Aug 26, 2010: Philadelphia, PA
- Tue, Aug 31, 2010: New York, NY
- Tue, Sep 14, 2010: Atlanta, GA
- Tue, Sep 14, 2010: Portland, OR
- Wed, Sep 15, 2010: New York, NY
- Mon, Sep 20, 2010: Cincinnati, OH
- Tue, Sep 21, 2010: Cleveland, OH
- Wed, Sep 22, 2010: San Francisco, CA
- Mon, Sep 27, 2010: Los Angeles, CA
- Mon, Sep 27, 2010: Washington, DC
- Tue, Sep 28, 2010: Kansas City, MO
- Wed, Sep 29, 2010: Milwaukee, WI
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