Michael Freeborn to Speak at PLI's Basics of Accounting for Lawyers 2011

Description

Michael D. Freeborn, a founding Partner of the firm, will present, "Effective Use of Financial Experts," at Practising Law Institute's Basics of Accounting for Lawyers 2011: What Every Practicing Lawyer Needs To Know program, which will be held July 25-26, 2011 in Chicago. 

Why you should attend

Accounting is a language of business. Because attorneys encounter accounting information in a wide range of legal issues, it is critical for lawyers to understand financial statements and core accounting concepts. This practical course, specifically designed for the non-accountant attorney, will provide an understanding of financial statements and the key principles of accounting, using “real life” examples of accounting issues that attorneys commonly face. Whether you are in-house or external counsel, Basics of Accounting for Lawyers 2011 will help you to help your company or clients.

Basics of Accounting for Lawyers will also offer insight into the effective use of financial experts, accounting and financial issues that put attorneys themselves at risk, and current accounting and business “hot” topics.

What you will learn

• Understanding Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), and the accounting cycle
• How to read:
  - The Balance Sheet
  - The Income Statement
  - The Statement of Cash Flows
  - The Notes to the Financial Statements
• How lawyers can effectively use accountants as experts
• Recent regulatory changes and views from those impacted or involved in the changes
• Ethical issues for attorneys and accountants

Mr. Freeborn's presentation will focus on: 

• Using accountants as experts
• Factors to consider in selection
• Maintaining privilege where necessary
• Preparing the expert for deposition, trial and cross-examination, and for use as a consulting or rebuttal expert