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Overview
Why You Should Attend
Ever wonder how to decode the story behind a company’s financial health? Join us to unlock the key information hidden in financial statements and learn how to quite literally read between the lines.
Financial statements provide key information on the financial performance of companies and are the language of business. Understanding them is crucial for structuring financial transactions and litigating business disputes. And yet, many attorneys lack training in this area. This half-day program was created as a primer for those looking to learn exactly how to read financial statements and who may be unfamiliar with them. An engaging panel of experts will discuss the balance sheet, income statement, and statement of cash flows and the information communicated by each. This program will provide you with the foundational knowledge to read and interpret financial statements, helping you make informed decisions and provide better solutions to your clients.
What You Will Learn
After completing this program, participants will be able to:
- Understand how to read, understand, and perform basic analyses of balance sheets, income statements, and cash flow statements.
- Relate assets, liabilities, and owner's equity in the basic accounting equation: Assets = liabilities + owner's equity.
- Relate revenues, expenses, and net income in the income statement: Revenue–expenses = net income.
- Understand the three fundamental areas of financial analysis: Liquidity, leverage risk, and profitability.
Who Should Attend
Lawyers working with financial information in any context should attend. Any professional wanting to learn the basics of financial statements will also benefit from this program.
Special Feature(s): n/a
Program Level: Overview
Prerequisites: None.
Advanced Preparation: None.
Topics
Please note that the views and opinions expressed in this program represent those of individual speakers and do not necessarily reflect the views or positions of PLI.
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