Essential Accounting Principles Every Attorney Should Know (2025 Edition)

Mark L. Zyla
Mark L. Zyla | Zyla Valuation Advisors LLC.

Mark L. Zyla CPA, CFA is the Founder and Managing Director of Zyla Valuation Advisors, LLC in Atlanta, Georgia based valuation and dispute analysis consultancy firm. Mark’s practice is focused principally on valuations in financial reporting and other transactional matters. He also helps in matters in litigation. In addition, Mark serves on the faculty of the McCombs School of Business at the University of Texas at Austin where he teaches FIN 294 Valuations for Consultants to graduate students.

Live Video-Broadcast: May 30, 2025

2 hour CLE

Tuition: $195.00
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Program Summary

This program equips attorneys with essential accounting principles, emphasizing recent legal updates and emerging trends. Participants will explore the evolving role of Certified Public Accountants (CPAs), including the integration of artificial intelligence (AI) and blockchain technology in the financial reporting process. It will also delve into the distinctions between various financial services provided by CPAs, such as audits, reviewed and compiled financial statements, and tax returns, highlighting the impact of new accounting standards updates. Attendees will also familiarize themselves with key accounting terminology, financial statement analysis, ratio analysis, valuation and damage analysis. Additionally, the program will address the convergence of accounting and legal services, as exemplified by KPMG's establishment of a U.S. law firm and discuss the effects of new climate-related financial disclosure regulations on corporate reporting and legal practice.

Key topics to be discussed:

  • The evolving CPA profession & integration of advanced technologies
  • Accounting service categories & attest engagements considering recent standards updates
  • Key accounting terminology
  • Financial statement training for attorneys
  • Ratio analysis for legal practice
  • Valuation and damage analysis updates
  • Convergence of accounting and legal services: Implications for attorneys
  • Impact of climate-related financial disclosure regulations on legal practice

Date / Time: May 30, 2025

  • 1:00 pm – 3:10 pm Eastern
  • 12:00 pm – 2:10 pm Central
  • 11:00 am – 1:10 pm Mountain
  • 10:00 am – 12:10 pm Pacific

Closed-captioning available

Speakers

Mark L. Zyla | Zyla Valuation Advisors LLC.

Mark L. Zyla CPA, CFA is the Founder and Managing Director of Zyla Valuation Advisors, LLC in Atlanta, Georgia based valuation and dispute analysis consultancy firm. Mark’s practice is focused principally on valuations in financial reporting and other transactional matters. He also helps in matters in litigation. In addition, Mark serves on the faculty of the McCombs School of Business at the University of Texas at Austin where he teaches FIN 294 Valuations for Consultants to graduate students.

Mark also has serves as the Advisory Council of M2M Capital, a technology firm which provides valuations of private companies for asset funds. Mark is formerly the Chairman of the Standards Review Board of the International Valuation Standards Council which provides valuation standards of various asset classes on a global basis. He has also served on the American Institute of Certified Public Accountants’ Forensic and Valuation Services Executive Committee. Mark is on the Advisory Council of the Master of Science in Finance program at the University of Texas at Austin.

Mark received a BBA degree in Finance from the University of Texas at Austin and an MBA degree with a concentration in Finance from Georgia State University. Mark also completed the Mergers and Acquisitions Program at the Aresty Institute of The Wharton School of the University of Pennsylvania and the Preparing to be a Corporate Director and the Valuation Programs at the Graduate School of Business at Harvard University.

Mark is author of Fair Value Measurement: Practical Guidance and Implementation 3rd ed. published by John Wiley & Sons, Inc. (2020)  and Accounting for Goodwill and Other Intangible Assets (along with Ervin L. Black) published by BNA Bloomberg (2018).

Agenda

I. The evolving CPA profession & integration of advanced technologies | 1:00pm – 1:15pm

II. Accounting service categories & attest engagements considering recent standards updates | 1:15pm – 1:30pm

III. Key accounting terminology | 1:30pm – 1:45pm

IV. Financial statement training for attorneys | 1:45pm – 2:00pm

Break | 2:00pm – 2:10pm

V. Ratio analysis for legal practice | 2:10pm – 2:25pm

VI. Valuation and damage analysis updates | 2:25pm – 2:40pm

VII. Convergence of accounting and legal services: Implications for attorneys | 2:40pm – 2:55pm

VIII. Impact of climate-related financial disclosure regulations on legal practice | 2:55pm – 3:10pm

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska’s recognition of multi-jurisdictional reciprocity.
Alabama

Approved for CLE Credits
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 General

District of Columbia

No MCLE Required
2 CLE Hour(s)

Delaware

Pending CLE Approval
2 General

Florida

Approved via Attorney Submission
2.5 General Hours

Receive CLE credit in Florida via attorney submission.
Georgia

Approved for CLE Credits
2 General

Hawaii

Approved for CLE Credits
2.4 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Pending CLE Approval
2 General

Indiana

Pending CLE Approval
2 General

Kansas

Pending CLE Approval
2 Substantive

Kentucky

Pending CLE Approval
2 General

Louisiana

Pending CLE Approval
2 General

Massachusetts

No MCLE Required
2 CLE Hour(s)

Maryland

No MCLE Required
2 CLE Hour(s)

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 CLE Hour(s)

Minnesota

Approved for CLE Credits
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

myLawCLE reports attendance to Nebraska on each attorney’s behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 General minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey’s recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for CLE Credits
2 General

Nevada

Pending CLE Approval
2 General

New York

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Approved for CLE Credits
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for CLE Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 CLE Hour(s)

Tennessee

Approved for CLE Credits
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 General

Virginia

Not Eligible
2 General Hours

Vermont

Approved for CLE Credits
2 General

Washington

Approved via Attorney Submission
2 Law & Legal Hours

Receive CLE credit in Washington via attorney submission.
Wisconsin

Pending CLE Approval
2.4 General

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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