Training Course Syllabus:
Further Your Corporate Reporting Expertise
Financial reporting is a time consuming and essential aspect of any corporate or general business attorney's day. Are you confident your SEC filings are accurate and audit-proof? Do you need a refresher course on accounting standards or reading/drafting financial statements? This program will review the legal and practical issues of preparing disclosure documents. Don't leave your company and self at risk for a costly audit. Register today and learn the nuts and bolts of corporate reporting.
- Review the latest developments and updates to the Securities Exchange Commission.
- Understand how to apply Generally Accepted Accounting Principles to everyday corporate accounting practices.
- Know how to read and interpret common financial statements such as balance sheets and cash flow statements.
- Utilize effective project valuation techniques and considerations necessary for making informed investment decisions.
- Review the steps and procedures for filing an accurate and audit-proof Annual Form 10-K.
- Identify which SEC filings are required, optional and unaccepted through EDGAR.
- Recognize and avoid common filing mistakes that trigger audits.
- Reconcile conflicting interests between attorneys and auditors through effective communication methods.
- Securities Exchange Commission Update
9:00 - 9:15, Steven F. Carman
- Overview of Fundamental Accounting Concepts
9:15 - 10:30, Richard H. Ong
- GAAP and Other Methods of Accounting
- Cash vs. Accrual Accounting
- T-Accounts and Double Entry System
- The Golden Rules of Accounting
- Reading Financial Statements
- Fair Value and Market-to-Market
- Balance Sheets
- Profit and Loss Statements
- Cash Flow Statements
- Financial Statement Ratios and Calculations
- Considerations in Corporate Finance
10:45 - 12:00, Matt Barberich
- The Investment Decision
- Project Valuation
- Valuing Flexibility
- Quantifying Uncertainty
- The Financing Decision
- The Dividend Decision
- Managing Working Capital
- Cash Management
- Inventory Management
- Debtors Management
- Financial Risk Management
- Accounting for Income Taxes
- SEC Filings (purpose, tips and techniques)
1:00 - 2:15, Steven F. Carman
- Periodic 8-K
- Quarterly 10-Q
- Annual Form 10-K
- Proxy Solicitation on Schedule 14-A
- Proxy Information Statement on Schedule 14-C
- Officer and Ownership Reports on Forms 3, 4 and 5
- Required, Optional and Unaccepted Filings Using EDGAR (Electronic Data Gathering, Analysis and Retrieval System)
- Audits and Identifying Fraud
2:30 - 3:30, Matt Barberich
- What is an Audit?
- Effective Audit Procedures
- Approaches to Detect Fraud
- Red Flags
- Inadequate Disclosures
- Investigative Documents
- Steps to Prevent Fraud
- Internal Controls
3:30 - 4:30, Mark A. Olthoff
- Communications Between Attorneys and Auditors
- Attorney-Client Privilege
- The Work Product Doctrine
- Protecting Confidentiality Between all Parties
- Conflicts of Interest
- Reporting Professional Misconduct