- CPD Points: 1 [PS]
- Price: $44.00
- Area: Bankruptcy and insolvency; Business Law; Commercial Law; Commercial Disputes and Litigation; Companies / Corporations Law; Debts (recovery); Finance
- Delivered: November 2020
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Let’s be honest… when you signed up to do a law degree all those years ago, the last thing you thought you would need to know about is financial statements. Now, you find that understanding and interpreting financial statements for individuals, partnerships, companies, and trusts, is an integral part of what you must do. Whether you like it or not, the fact is that financial statement literacy is an important skill for all legal practitioners, at all levels, no matter what field of law you choose to practice in. In this session we bring in the experts to discuss the key issues for lawyers in understanding and interpreting financial statements.
Former public accountant at Deloitte, now in-house financial accountant for Rae & Partners, James Abernathy, will take you through the important basics of financial statement literacy and experienced commercial lawyer, Matthew Pawson, will discuss how and why this is relevant for lawyers of all disciplines. From this session you should take away: Improved technical skills in financial statement literacy; A greater appreciation for when, why and how these skills are important in legal practice; and An understanding of the value of working with other professionals, like accountants, in the best interests of the client.