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Understanding Financial Statements

Recording of a 80-minute CLE webinar

BARBRI Practice-Ready Webinar

Conducted on Wednesday, May 1, 2024

Recorded event now available

or call 1-800-926-7926

This CLE course is designed to give legal professionals an overview of accounting techniques and their relevance. The course will review financial statements such as Balance Sheets, Income Statements and Cash Flow Statements

Description

Legal professionals are expected to have basic financial skills and are encouraged to understand budgeting as part of project management in order to better serve clients and their respective organizations. This course is designed to provide lawyers and other legal support professionals a baseline of financial knowledge and skill to read, interpret and act upon financial documents. Financial literacy is a fundamental skill of the modern legal professional today, and a working knowledge of finance is imperative in meeting client expectations and practicing at the highest levels of the law.

As accounting scandals threaten to erode confidence in corporate America, legal professionals are increasingly involved in preparing and analyzing financial statements. From financial statement reporting to detecting fraud, this course is designed to provide an overview of accounting techniques, their relevance, and problems associated with each.

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Outline

  1. Accounting Basics
  2. Balance Sheet
  3. Income Statement
  4. Cash Flow Statement
  5. Review
  6. Adelphia Case Study
  7. Amazon/Whole Food Case Study

Benefits

This course is part of a six course series in which students learn everything from the basic elements of finance to advanced concepts in financial statements.  These courses were created by Reuben Advani, a Yale and Wharton Business School educated financial expert, author and entrepreneur with many years of experience in finance and education.

Faculty

Sims, Mike
Mike Sims
President
BARBRI

Mr. Sims is a 26-year veteran in legal education.  He works closely with leading law school administrators,...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video