Finance and Fraud for Lawyers

Why Attend?

• Learn the fundamentals of balance sheets, income statements, and cash flow statements with our popular presenter, Jospeh Novello, MBA, CPA.
• Get practical tips on the three most important financial statements.
• Gain a basic understanding of important financial and accounting concepts such as goodwill, equity, depreciation, and amortization.
• See how companies can hide problems “off balance sheet.”
• Review the various levels of assurance CPAs offer on financial statements and how lawyers participate in that process.
• Learn how to formulate successful inquiries and communicate effectively with business and financial colleagues, both within and outside the legal profession.
• Examine different types of financial fraud, fraud warning signs, and how to combat fraud at your firm and your clients’ businesses.

Join national speaker Joseph Novello in this seminar designed for attorneys who want to understand more about financial statements and financial fraud. He will cover everything from the basic financial statements, fraud recognition, and fraud avoidance. Case studies and examples are used throughout the seminar to provide easy-to-understand illustrations.

Some of the topics to be discussed include:

Financial Statements

• Balance sheet
• Income statement
• Cash-flow statements
• Notes to financial statements
• Statement of Equity and other comprehensive income

• Management discussion and analysis

• Auditor’s report
• Sarbanes-Oxley (SOX) certification
• How lawyers and accountants work together

Financial Fraud

• Types of fraud
• Profile of a fraudster
• How to combat fraud in your firm
• Employee embezzlement
• The Sarbanes-Oxley Act of 2002
• Financial statement manipulation
• Problems with using EBITDA
• Fraud cases in the news
• Investment fraud
• Cyber fraud

Registration Deadlines:

Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $60 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE^®.

Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.

Inclement Weather Policy and Updates.

MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.

Can’t Attend?

E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program’s seminar materials are made available for sale.

Course Schedule

• Q&A will be handled via chat room for Webcast attendees.

About the Speaker

Joseph Novello, CPA, MBA, The Financial Training Organization / Metuchen, NJ

Joseph Novello, CPA, MBA, began his accounting and management consulting career at Ernst & Young and obtained his Certified Public Accountant license in New York. He earned a bachelor’s degree from Brooklyn College and an MBA in finance from New York University. Mr. Novello has years of experience working in both American and International Fortune 500 companies. His past positions include controller, chief financial officer, director of planning and analysis, and director of sales operations.

Since founding the Financial Training Organization in 2010, Mr. Novello has presented his finance programs to thousands of lawyers at bar associations and CLE providers across the U.S.A. and Canada. His goal is to share an easy-to-understand approach that will make dealing with financial matters more manageable. He brings his real-world experience and candid opinions to his programs, which viewers say exceed their expectations.