Corporate Accounting & Finance Essentials
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Register
- Non-member - $69
- Member - $69
To succeed in-house, being an excellent lawyer is important, but you must also know your company’s business. One key component of understanding your business is being able to read and interpret financial statements.
This self-paced course is a compilation of trainings taught by Professor Michael Smith, Associate Professor of Accounting at Boston University's Questrom School of Management at ACC's annual Corporate Counsel University. They are designed specifically to help in-house lawyers develop a solid foundation in accounting and corporate finance.
Congratulations for taking this essential first step toward bolstering (or refreshing) your business acumen and credibility as a valued business partner.
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Contains 2 Component(s)
Understanding key accounting principles and financial statements is an essential asset for in-house counsel to spot red flags, assess strategic options more effectively, and provide better informed legal and business advice to the organization. This module will prepare you for these and other key topics:
Understanding accounting principles and financial statements is a key skillset for in-house counsel. Establishing how to spot red flags, assess strategic options more effectively, and provide better informed legal and business advice is critical to your role and to the success of the organization. In this session, attendees will:
- Examine the external and internal factors that affect the longer-term profitability of the organization;
- Review basic GAAP accounting financial statements, including, the balance sheet, income statement, and statement of cash flow; and
- Discuss how to identify red flags that signal financial difficulties or accounting problems.
Due to the nature of its content, this self-paced course module is not eligible for CLE/CPD credit.
Michael Smith
Associate Professor of Accounting
Boston University Questrom School of Business
Professor Michael Smith is an associate professor of accounting at the Boston University Questrom School of Business. Professor Smith’s teaching interests include financial and managerial accounting, especially financial reporting and analysis of financial statements. He has taught in several full-time, executive, and weekend executive MBA programs. Professor Smith has broad research interests including multinational transfer pricing, executive compensation, financial disclosure and accounting microstructure. His research has been published in several academic journals, including The Accounting Review; Journal of Accounting Research; Contemporary Accounting Research; Journal of Accounting, Auditing, and Finance; and Journal of Management Accounting Research. Prior to joining the faculty at Boston University, he was a member of the faculty at the Fuqua School of Business at Duke University, where he was the winner of the Excellence in Teaching Award for the Cross-Continent MBA. Previously, he worked in the mortgage banking industry and as a futures trader. Mr. Smith received a PhD from Stanford University.
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Contains 2 Component(s) Recorded On: 06/28/2023
This session will serve as your first step to proficiency in analyzing financials to help make more informed decisions.
Financial reporting. Capital budgeting. Voluntary disclosure. When you provide guidance to your organization as corporate counsel, you must be confident in all areas of the business – including finance. This session will serve as your first step to proficiency in analyzing financials to help make more informed decisions. In this session, you will:
- Advance your ability to use financial information to make decisions in your everyday work;
- Develop your strategic acumen by gaining a better understanding of key corporate finance tools that business teams use to make value-based decisions; and
- Explore the analytical tools that indicate whether a new project will create value, such as: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Economic Value Added (EVA).
Due to the nature of its content, this live program is not eligible for CLE/CPD credit.
