A Bitesized Guide to Balance Sheets for Lawyers

Introduction

This webinar is designed for lawyers who may have to review financial statements. It is designed to alert you to the key issues in reading accounts, including interpreting certain aspects of the financial statements.

This webinar is not designed to make you an expert in interpreting financial statements, but it will help you to brief experts and assess what they tell you.

What You Will Learn

The short webinar will focus on the following areas:

• Identification of the differences between the profit and loss account, balance sheet, statement of changes in equity and cash flow statement
• Understand which notes to the financial statements should be looked at more closely and the reasons why
• Discuss the interaction between accounts and tax
• Identify which accounts have been subject to an external audit and which have not
• Assess what the reports included in the financial statements mean

This webinar was recorded on 9th February 2022