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Who should attend Accounting & Accountants: What Lawyers Need to Know About Both
This basic-to-intermediate level seminar will provide a comprehensive overview and offer a practical understanding of financial records and accounting methods to the following: Attorneys, Presidents, Vice Presidents, Directors
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This basic-to-intermediate level seminar will provide a comprehensive overview and offer a practical understanding of financial records and accounting methods to the following: Attorneys, Presidents, Vice Presidents, Directors

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Seminar Summary:

This course will teach you the basics of accounting so you can be knowledgeable when examining statements and identifying red flags. (see full course description)

 
 
 

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Training Course Syllabus:


Gain a practical understanding of accounting and the relevance it has to your practice.

Do you understand basic accounting terms, ratios and statements? Can you apply this knowledge to create a clear understanding of the overall picture? It is imperative that attorneys are able to develop a working understanding and analytical framework of accounting terminology to strengthen their background and avoid unintentional, involuntary accounting scandals. This course will teach you the basics of accounting so you can be knowledgeable when examining statements and identifying red flags. Don't put yourself at risk - register today!

  • Enhance your credibility with experts and clients by understanding common accounting terms.
  • Build your understanding of financial statements: gain perspective on calculating important ratios and how they're interconnected.
  • Know which financial records contain evidence vital to your case and how to legally obtain them.
  • Optimize key expert witness testimony with proven selection and preparation techniques.
  • Develop an accounting vocabulary that ensures proper usage in litigation to help you win your case.


UNDERSTANDING BASIC ACCOUNTING CONCEPTS
9:00 - 10:30, Written by G.P. Diminich and Halsey O. Schreier. Presented by George W. DuRant and William Arnott IV in Greenville, G.P. Diminich and Halsey O. Schreier in Charleston, and George W. DuRant and William Arnott IV in Columbia.
  • Comprehending Accounting Terms
  • How to Read Financial Statements
    • Balance Sheet
    • Income Statement
    • Statement of Cash Flows
    • Relationship Between Statements
  • Understanding the GAAP and Other Accounting Styles

ANALYZING FINANCIAL STATEMENTS
10:45 - 12:00, Written by G.P. Diminich and Halsey O. Schreier. Presented by George W. DuRant and William Arnott IV in Greenville, G.P. Diminich and Halsey O. Schreier in Charleston, and George W. DuRant and William Arnott IV in Columbia.

  • Calculating and Interpreting the Numbers
  • Liquidity Analysis
  • Profitability Analysis
  • Activity Analysis
  • Capital Structure
  • Capital Market
LAWYER TRUST ACCOUNTS AND ETHICAL CONSIDERATIONS
1:00 - 2:15 and 2:30 - 3:30, Written by Barbara M. Seymour. Presented by Barbara M. Seymour in Greenville and Columbia, and Barbara M. Seymour and Natalie Parker Bluestein in Charleston.
  • Accounting Requirement (Rules of Professional Conduct)
  • Monthly Reconciliation Requirements
  • Supervising Accounting Assistants
  • Tips for Staying Involved With Your Trust Account and What Can Happen When You Don't

THINGS YOU MAY NOT KNOW ABOUT CPAs
3:30 - 4:30, Written by William Arnott IV and George W. DuRant. Presented by William Arnott IV and George W. DuRant in Greenville, Charleston and Columbia.

  • Licensing and Regulation of CPAs
  • Code of Professional Conduct
  • Complications/Reviews/Audits
  • Tax Planning and Compliance Services
  • Other Services

Seminar Summary:

This course will teach you the basics of accounting so you can be knowledgeable when examining statements and identifying red flags. (see full course description)

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