How to Understand a Financial Statement Out of Stock

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The basic concepts underlying financial reporting are explained. These principles enable lawyers to use a financial statement, communicate effectively on financial matters and ask productive questions.
 
This program is good for those with little to no accounting background, and for the more advanced it provides updates, insight and is a good refresher.
 
- Generally accepted accounting principles (GAAP) and non-GAAP reporting
- Determining how much reliance to place on a financial report
- Net income vs. cash flow
- Depreciable assets
- Balance Sheet
- Income Statement
- Statement of Cash Flows
 
You will learn what do first when viewing a financial statement, and how to recognize the limitations of a report.
 
Speaker: Douglas Smith, CPA
 
Mandatory MCLE Credit Hours
This seminar qualifies for 1.05 MCLE credit hours.
This is a Basic Level Program.
 

Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2024, please use this course code: 241132ADO.

 

Note: When submitting your compliance reports to the SC Commission on CLE and Specialization, if you completed this in 2025, please use this course code: 250797ADO.

 

 
 
 

Tags Business/Corporate; Family; Tax; Litigation/Trial Practice; Big Ticket

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