A Lawyer’s Guide to Financial Statements

Introduction

Many law firms are involved in the review of financial statements for their clients and there are certain items within the financial statements which may need additional considerations. There are also certain reports contained within statutory financial statements which will be of interest to lawyers and their clients.

This introductory webinar is designed to provide a summary of what the primary financial statements and the reports included in the statutory financial statements represent. The webinar is designed to provide an introduction to financial statements as a means of clarifying some common questions asked of financial statements. No background knowledge is assumed.

What You Will Learn

The webinar will cover the following:

• The company's duty to prepare financial statements
• The balance sheet
• The profit and loss account
• The statement of changes in equity
• The cash flow statement
• The notes to the financial statements
• Notes which may be of particular interest to lawyers
• The reports included in statutory financial statements

This webinar was recorded on 21st June 2018