Accounting and Finance for Lawyers (Melbourne)

Participants receive a copy of text by Prof Bob Deutsch’s Accounting for Non-Accountants A Question and Answer Handbook By Robert Deutsch and Kris Chikarovski

4 CPD Points

Professor Robert DEUTSCH, Director of Education, Taxation Institute of Australia

Topic 1: The Basics of Accounting: The Key Matters Everyone Needs to Understand Before Reading Financial Statements – The Accounting Standards
• Identifying the key standards and interpretations
• Identifying the 4 key statements

Topic 2: The Balance Sheet
• Assets
• Liabilities
• Equity

Topic 3: The Profit and Loss Account
• Types of profit- gross/operating/net/EBIT/EBITDA
• Revenue items
• Expense items

3:15pm Afternoon tea

Topic 4: Financial Ratio Analysis/Financial Covenants Analysis
• Understanding liquidity, insolvency and ten profitability ratios
• Lenders use of financial covenant ratios

Topic 5: Manipulating Accounts
• Spotting earning manipulation
• Examination of expenses and liabilities

5:00pm Case Study 1: Review of 3 companies

5:30pm Close

Professor Robert DEUTSCH, Senior Tax Counsel / Head of Education Tax Institute
Prof. Bob Deutsch is a former head of school at ATAX, and formerly a Director at KPMG. He has written and taught extensively about concepts of Taxation and revenue regulation.


Double Tree by Hilton Hotel
270 Flinders St
Melbourne VIC 3000