DVDs and Course Books
An understanding of the basics of accounting is useful to lawyers engaged in virtually every type of practice. In this 3.3-hour January 30, 2012 presentation, Paul C. Seitz, CPA, Managing Director of Seitz Consulting LLC of Wilmington, Delaware, gives a practical explanation of this important topic. Major topics include:
üIntroduction; Understanding Business Operations
üThe Accounting System
• accrual vs. cash vs. tax basis
• how does a business record its financial transactions?
üTypes Of Financial Transactions
üBasis For Recording Transactions: Chart Of Accounts
üAccounting System Records
• double entry bookkeeping
• recording transactions
• debits and credits
üAccounting Cycle
• trial balances
• financial statements
üTrial Balances
üPreparation And Types Of Financial Statements
• GAAP
• balance sheet
• statement of operations
• statement of retained earnings
• statement of cash flows
BOOKS FOR LAWYERS: Over 40 useful books on important legal issues facing attorneys are now available for immediate download at www.NLFforms.com. (Reading books without also listening to or viewing a recorded seminar earns NO CLE credits.)