What Lawyers Need to Know About Financial Statements: Understanding how financial statements interact with business and legal issues (2024 Edition)

Daniel A. Cotter
Daniel A. Cotter | Howard & Howard Law for Business

Dan is an experienced attorney who has served in a variety of legal roles in his career, including as general counsel of a large life insurance company, as well as extensive experience in private practice.

On-Demand: November 3, 2023
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2 hour CLE
Tuition: $195
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Program Summary

In this practical seminar, you will learn about business acumen, business terminology, and accounting concepts. You will learn about the importance of being able to speak the business language and know the fundamental accounting equation means.

Key topics to be discussed:

  • Background and Why Accounting and Business Acumen Important
  • Important terms the lawyer should know when discussing the business
  • Common accounting terms, what they mean, and how they are used
  • Potential legal issues related to accounting that could come into play
  • The downside of not having a conversational command of business and finance terms
  • Interactions with the CFO on important deals and transactions

Date / Time: November 3, 2023

Closed-captioning available

Speakers

Daniel A. Cotter_Howard & Howard Law for Business_myLawCLEDaniel A. Cotter | Howard & Howard Law for Business

Dan is an experienced attorney who has served in a variety of legal roles in his career, including as general counsel of a large life insurance company, as well as extensive experience in private practice. Dan’s mix of clients includes insurance companies and other financial institutions, IT and consulting companies, and nonprofits. He has been working on privacy and cybersecurity issues since 1996, including development of terms and conditions and disclaimers on Fortune 500 websites in the late 1990s.

He has been the chief privacy officer of several companies and law firms and has extensive experience as in-house counsel. Dan is experienced in dealing with complex insurance regulatory issues and transactions, and substantial reorganizations of holding company systems. Throughout his career, he has negotiated thousands of contracts from simple to complex, including outsourcing. He also has substantial experience with internal investigations and employment-related issues.

Agenda

I. Terms and why accounting is important | 12:00pm – 12:20pm

II. Balance sheet and income statement concepts | 12:20pm -12:40pm

III. Other major financial statements | 12:40pm -1:00pm

Break | 1:00pm – 1:10pm

IV. Basics of accounting | 1:10pm – 1:30pm

V. More deep dice into accounting basics | 1:30pm – 1:50pm

VI. Navigating through financials with basic example and closing thoughts | 1:50pm – 2:10pm

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