Business lawyers, corporate lawyers, family law practitioners, and litigators often find themselves challenged to decipher financial statements and explain their meaning to clients, or use accounting information to prove a case or impeach a witness. While engaging an accounting expert is sometimes an option, there is often not the time or availability to access that advice.

Whatever their specialty, lawyers must understand financial concepts to understand their client’s goals, and the interests of other parties to the deal. Every lawyer must be able to spot accounting issues and provide fast and practical counsel. Attend this program and get the knowledge you need to advise your clients with confidence.

According to Lere Fashola, Founder of ESQ Practical Lawyers Academy, this training will assist lawyers to master the necessary financial skills to better understand the business of their clients and the intended outcomes from legal instructions thereby aligning legal solutions with commercial expectations. Participants will gain an understanding of financial statements, accounting concepts, and basic finance. Led by experts, this course gives you a clear financial information and practical advice about how to apply it in common client situations. Lere Fashola further stated that the speakers will explain basic concepts of accounting, generally accepted accounting standards, and basics of financial statements. Participants will receive a pro forma set of financial statements and the faculty gives you a detailed explanation of the various components. The Speakers will teach Participants how to recognize “red flags” in financial statements, discuss mistakes made by lawyers when advising clients, and teach them how to avoid them. Designed for lawyers of all experience levels, this program will review which common accounting concepts emerge in legal work and what lawyers should consider when encountering them.

What You Will Learn 

  • Understanding Generally Accepted Accounting Principles (GAAP)
  • Learning the accounting cycle
  • How to read the balance sheet, income statement, statement of cash flows, and notes to the financial statements
  • Ethical considerations in working with financial experts
  • Regulatory changes and views from those impacted or involved in the changes
  • Tax accounting vs book accounting
  • Accounting fraud and damages calculations

Date: 9th – 10th March, 2021
Time: 10:00am – 3:00pm daily
Venue: Zoom
Course fee: N75,000 (Seventy-five -thousand Naira Only)

Register here: http://bit.ly/esqaccountingreporting

For contact and enquiries about this training, kindly contact Tayo (Tel: 08132676084, Email: t.samuel@esq-law.com) or Tosin (08094403711 – o.solanke@esq-law.com)

Banking and Financial Law Reports (BFLR). The Banking and Financial Law Reports is a functional depository series on Banking and Financial Matters. It is an archive of carefully selected Judgements of the Supreme Court, Court of Appeal and Investments and Securities Tribunal (IST).

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