Financial Boot Camp for Matrimonial Attorneys
4h 22m
Created on June 28, 2012
Overview
Join Attorneys Brett Kimmel and Ronald Bavero and CPA Mark Gottlieb as they discuss an attorney’s guide to understanding financial statements & tax returns. This useful course (playfully nicknamed "Accounting Class for Attorneys") delves into the intricate world of accounting and finance and relays it to the view in a practical manner that helps attorneys understand the importance of comprehending financial statements, income tax returns, and business ledgers, even if you are not specifically valuing property. Designed for matrimonial attorneys, CPA Mark Gottlieb skillfully explains the importance of valuing marital property and the possible issues that may arise when dealing with intangible assets such as licenses, degrees, goodwill, and experience or expertise. Drawing upon colorful case studies and real-life examples, all three presenters explain to the audience various aspects of accounting and finance and how it pertains to your matrimonial case, what sort of issues may arise and how to work around or with them.
Learning Objectives:
I. Learn the Principles of Business Valuation in Divorce Setting(s)
II. Learn and Understand the Various Valuation Definitions and Methods
III. Explore Various Issues that Make a Business "Tick"
IV. Examine Different Case Studies and Realistic Scenarios to Apply Valuation Principles and Techniques
V. Utilize Various Financial Statements to Make Your Case Stronger
VI. Develop a Standard of Living by Using Lifestyle Analysis
VII. Learn About the Basics of a Balance Sheet and How to Use It in You Case
VIII. Comprehend Forensic Accounting and Why It Is Significant
Faculty
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