Accounting and Finance for Lawyers

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

4 CPD Points

Presenter: Robert DEUTSCH, Taxation Institute of Australia

9.00am
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

10.45-11.00am Afternoon tea

11.00am
Topic 4: Financial Ratio Analysis/Financial Covenants Analysis
• Understanding liquidity, Insolvency and Ten Profitability Ratios
• Lenders use of Financial Covernant Ratios

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

12.30pm Case Study 1: Review of 3 companies

1.00pm Close

About the Presenter
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.

Venue