• 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
Digital Content
  • Recording
  • Paper (none)

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Description

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.

James Abernethy, Chartered Accountant

About the Presenter:

Mr James Abernathy commenced his career in accounting in 2011 at the Launceston office of a Big 4 accounting firm where he predominantly worked across the Tax and Advisory team. James has more recently made the move to start his own consulting business. James’ client base includes businesses from the agriculture, construction, aquaculture, engineering and the legal profession. He advises clients on business improvement, cashflow and tax planning, succession planning and business structuring. James is also the finance manager and company secretary of the Royal Flying Doctor Service of Tasmania, and has previously presented to audiences including The Tax Institute, Enterprise Centres and to students studying at UTAS.

Matthew Pawson, Consultant, Rae & Partners

About the Presenter:

Mr Matthew Pawson’s career spans 20+ years as a commercial lawyer across Tasmania. He was as a Board Member and National President of The Tax Institute and was awarded Life Membership in 2018. Matthew is also a member of the Law Society of Tasmania, ALPMA, CLEAA and the J. Reuben Clark Law Society. He has a great interest – he would say passion – for teaching the law. He particularly enjoys mentoring young legal practitioners. In 2019 Matthew was appointed as the Commercial and Corporate Practice course convenor for the Centre for Legal Studies to teach post-graduate commercial law practice. He advises on high level commercial transactions, business structuring, governance and corporations law, trusts, tax, Wills and Estate Planning and business succession planning. You could say that he’s a human dream catcher, helping clients transform ideas and aspirations into reality while protecting their interests along the way.

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