This course, presented by business and tax law attorney Dr. Bart Basi, reviews the history and importance of accounting and proper record keeping for any business entity. These foundational skills are critical for any attorney representing business entities, in order to better advise clients on any related legal issues. The course will address balance sheets in detail, including how to develop a cash management perspective, and will provide an in-depth look at inventory on a balance sheet. Lastly, this program addresses the actual analysis of financial statements.
Learning Objectives:
Identify items on a balance sheet
Recognize what the numbers on a balance sheet represent
Spot and discuss potential legal problems with clients
Conduct a simple ratio analysis and explain it to a client
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