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Reading Financial Statements 2025 - On Demand

Description

Package includes:

On Demand Module  l  Electronic booklet  l  PowerPoint Presentation

Package Fee (incl GST)

  • $185 - Law Society members and Associate members
  • $265 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

On Demand Module

Presentation time: 120 minutes
2
CPD HRS

While it is not necessary for you as a lawyer to have the financial insight that might be expected of an accountant, you should have an understanding of how to interpret financial statements. This module aims to unlock any mysteries you might find in making sense of key financial documents. It will assist you in providing legal advice to your clients concerning financial matters and may help with understanding the financial health of your own business too.

This module will include:

  • Understanding the key financial statements that should be prepared by each entity along with basic accounting concepts
  • Overview of the types of entities that prepare financial reporting and the key differences
  • Differences between management reporting and annual reporting and the importance of each
  • Understanding the key financial metrics for different types of entities, how they are calculated and how they can be used to indicate red flags
  • Use of a practical case study aimed at embedding the knowledge throughout the presentation.

Learning objectives

By completing this module you will:

  • Gain an understanding of key financial concepts and reports as they apply to your clients and your own business.
  • Be able to recognise the insights these reports provide.

Electronic paper 

Authors: Sam Rogatski, Kimberley Symon
Published: 18 February 2025
Pages: 12

Introduction

There is no introduction to this paper.

PowerPoint Presentation

These are the slides included in the presentation.

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