Accounting for Lawyers
Thursday, July 17, 2025 | 9:30 am – 1:10 pm
Format: WEBINAR
Description:
Whether you’re a transactional attorney or a litigator, when financial and accounting records emerge in the legal matter you’re handling, it helps to know some accounting basics. The numbers always tell a story—one that may support your legal position.
This
basic level program will provide an overview for the non-accountant attorney of key accounting principles including:
- Introduction of Financial Statements
- Types of Financial Statements
- Users of Financial Statements
- Overview of Generally Accepted Accounting Principles (GAAP)
- How to read:
- Level of Accountant’s Reports
- The Balance Sheet
- The Income Statement
- The Statement of Cash Flows
- The Notes to the Financial Statements
- Examples of financial statements by different industries
- How to analyze financial statements for key indicators and financial statement ratios
- Effect of COVID-19 issues on financial statements
- Current developments
- Fraud issues on financial statements
- How to read a tax return
- Tax forms associated with different entities
- Identifying sources of income
- Tax deductions that do no equal economic outlay
- Differences between financial accounting and tax accounting
- Key highlight of potential new tax bill
Attendees of this program will be able to recognize the relevant accounting principles at work and how they may impact the outcome of legal matters.
Click Here to View Program Agenda & Faculty
CLE Credit:
New York: 3.5 Skills
New Jersey: 3.5 General
California: 3.5 General
Pennsylvania: 3.0 General
Connecticut: Available to Licensed Attorneys
Program Fee:
$229 Member | $329 Nonmember
This program is free to Members who are Law Students, Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in 2023-2025), In-House Counsel, Judges, or Attorneys in Government, Academic or Not-for-Profit sectors.
For New York Attorneys: Effective through December 31, 2025, newly admitted attorneys (those admitted to the New York State Bar for two years or less) may earn skills credits through individual participation (self-study) or group participation, utilizing the following live, nontraditional formats where questions are allowed during the program (web conference, teleconference, video conference). After December 31, 2025, newly admitted attorneys must complete skills CLE credits in either the traditional live classroom setting or by fully interactive video conference group participation only (where participants are physically together in group settings).
For New York Attorneys: This program is a transitional/non-transitional course.
Program Co-Instructors:
Howard H. Fine, CPA/ABV/CFF, Partner, Citrin Cooperman Advisors LLC; Partner, Citrin Cooperman & Company, LLP
Joseph A. Most, Tax Partner, Citrin Cooperman Advisors LLC; Partner, Citrin Cooperman & Company, LLP
Jonathan S. San Solo, CPA, Director, Citrin Cooperman Advisors LLC; Director, Citrin Cooperman & Company, LLP
Information about our Financial Aid Policy and Application can be found here.