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Overview
A Detailed Breakdown of Accounting Principles and Their Relevance in the Legal Context
It is critical for every attorney to develop a working understanding and analytical framework of accounting principles to make better use of experts and prevent inadvertent financial errors. This course will teach you the basics of accounting so you can be knowledgeable when reviewing statements and identifying red flags. This is a rebroadcast of the original event delivered on October 20, 2025. Faculty will be available to answer your questions after the program. Don't put yourself at risk - register today!
- Gain a foundational understanding of key accounting principles and concepts.
- Learn to interpret and analyze basic financial statements.
- Identify potential accounting issues in legal cases and transactions.
- Learn to speak the language your financial experts understand.
- Explore legal ethics rules on dealing with financial information and expert witnesses.
Abbreviated Agenda
- Foundational Accounting Concepts
- Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS): The Differences and When Each Applies
- Key Accounting Constraints (Practical Limitations)
- Understanding Financial Statements
- Applying the Principles in Legal Contexts
- Legal Ethics and Accounting
Credit Details
Credits Available
| Credit | Status | Total |
|---|---|---|
| Alaska CLE |
|
6 Total |
| Alabama CLE |
|
6 Total |
| Arkansas CLE |
|
6 Total |
| Arizona CLE |
|
6 Total |
| California CLE |
|
6 Total |
| Connecticut CLE |
|
6 Total |
| Delaware CLE |
|
6 Total |
| Florida CLE |
|
7 Total |
| Georgia CLE |
|
6 Total |
| Hawaii CLE |
|
6 Total |
| Iowa CLE |
|
6 Total |
| Idaho CLE |
|
6 Total |
| Illinois CLE |
|
6 Total |
| Indiana CLE |
|
6 Total |
| Kansas CLE |
|
7 Total |
| Maine CLE |
|
6 Total |
| Minnesota CLE |
|
6 Total |
| Missouri CLE |
|
7.2 Total |
| Northern Mariana Islands CLE |
|
6 Total |
| Mississippi CLE |
|
6 Total |
| North Carolina CLE |
|
6 Total |
| New Hampshire CLE |
|
6 Total |
| New Jersey CLE |
|
7.2 Total |
| New Mexico CLE |
|
6 Total |
| Nevada CLE |
|
6 Total |
| New York CLE |
|
7 Total |
| Ohio CLE |
|
6 Total |
| Oklahoma CLE |
|
7 Total |
| Pennsylvania CLE |
|
6 Total |
| South Carolina CLE |
|
6 Total |
| Tennessee CLE |
|
6 Total |
| Texas CLE |
|
6 Total |
| Vermont CLE |
|
6 Total |
| Washington CLE |
|
6 Total |
| Wisconsin CLE |
|
7 Total |
| Wyoming CLE |
|
6 Total |
Select Jurisdiction
CLE
Agenda
-
Foundational Accounting Concepts
- The Business Entity Principle: Separation of Business and Personal, Liability Implications
- The Going Concern Principle: Valuation and Solvency
- The Monetary Unit Principle: Impact of Inflation and Foreign Exchange
- The Time Period Assumption (Periodicity): Understanding Financial Performance Over Time
-
Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS): The Differences and When Each Applies
-
Key Accounting Constraints (Practical Limitations)
- Materiality
- Cost Constraint
- Conservatism (Prudence)
-
Understanding Financial Statements
- The Balance Sheet
- The Income Statement
- The Statement of Cash Flows
- Linking the Statements, How Changes in One Affect the Others
-
Applying the Principles in Legal Contexts
- Valuation
- Fraud and Forensic Accounting
- Contract Disputes
- Business Organizations
-
Legal Ethics and Accounting
- Rule 1.1 Competence: Knowing Enough to Seek Expert Assistance
- Rule 1.3 Diligence: Thorough Review of Financial Documents, Questioning Irregularities
- Rule 1.6 Confidentiality of Client Financial Information
- Rule 3.3 Candor Toward the Tribunal: Avoiding Misrepresentation
- Rule 3.4 Fairness to Opposing Party and Counsel
- Third-Party Communications
- Conflicts of Interest
Who Should Attend
This program will provide attorneys with a comprehensive overview and offer a practical understanding of financial records and accounting methods. It will also benefit business owners, law office administrators, accountants, bankers/loan officers, and paralegals.
Speakers
Speaker bio
Alina Gluzman
is an associate in the litigation, foreclosure and real estate practice group at Bronster LLP. She specializes in residential and commercial real estate transactional matters, including acquisitions, sales, construction/development, and financing. Additionally, Ms. Gluzman is actively involved in litigation matters including tax liens, mortgage foreclosures, and real estate related disputes. She holds a Juris Doctor degree from Elisabeth Haub School of Law at Pace University. During law school, Ms. Gluzman was the executive productions editor of Pace Law Review Journal. Showcasing her exceptional oral advocacy skills and legal acumen, she earned her place amongst the top finalists in the 2020 Louis V. Fasulo Moot Court Competition and was a semi-finalist in the 2021 Advanced Appellate Moot Court Competition. A former summer associate at Bronster LLP, Ms. Gluzman rejoined the firm after passing the bar exam. She has prior experience as a legal intern for the Richmond County District Attorney's Office, specifically within the Narcotics and Investigations Bureau Unit. Additionally, Ms. Gluzman accumulated over seven years of experience working as a real estate paralegal and further solidified her expertise through her role as a title closer.
Speaker bio
Bruce Bronster
is a renowned hospitality and real estate attorney in Manhattan, as well as a restaurant industry veteran. He started washing dishes in restaurants as a teenager, and through his law practice in New York, he continues to serve the hospitality industry today. Most recently, Mr. Bronster has been working to help restaurants throughout New York navigate the legalities of the coronavirus pandemic and the executive orders issued in response thereto. He is also the founder of Bronster Cares, a pro bono initiative to provide free legal assistance to hospitality workers affected by the pandemic. Mr. Bronster is an active member of the Independent Restaurant Coalition and continues to advocate for the future of restaurants and restaurant workers. He assists new and existing restaurants, food halls, hotels and food purveyors navigate business formation, real estate and leasing issues, intellectual property, employment issues, ADA compliance, food and beverage consulting, licensing, corporate transactions, contract issues and bankruptcy. Mr. Bronster’s legal practice also focuses on litigation, and corporate and general business advice. He is admitted to practice law in New York, New Jersey, District of Columbia and U.S. District Courts for the Southern and Eastern districts of New York. Mr. Bronster earned his B.S. degree in accounting, magna cum laude, from New York University in 1987, his J.D. degree from New York Law School in 1991 and his M.B.A. degree from Columbia University in 1998. He is a member of the New York City Bar Association's Hospitality Law Committee.
Speaker bio
Harold C. Moeller
has worked in public sector procurement and contract management for the past 25 years. He recently retired from his role as program administrator (procurement) with Rutgers University Health Care, where he managed a series of 50 ancillary services contracts valued at $170 million annually in support of the University's agreements to provide medical, mental health and dental services to inmates and residents of the state's correctional facilities. Mr. Moeller's continuing private practice of law at Law Office of Harold Moeller includes gaining access to electronic medical records to review petitions for guardianships. He earned his M.P.A. degree from California State University at Long Beach and his J.D. degree from City University of New York School of Law. Mr. Moeller is admitted to practice law in New Jersey and New York, and holds certification as a Certified Professional Contract Manager (Lifetime) from the National Contract Management Association. He has taught procurement and contract management courses as an adjunct faculty member in the M.P.A. programs at Troy University, Old Dominion University and Rutgers-Newark.
Speaker bio
Janathan L. Allen
is a partner with Allen Barron, Inc., an estate planning and financial advisory firm located in San Diego. She is also senior partner at Janathan L. Allen, APC. Ms. Allen has an extensive international tax, accounting, finance and legal background, and has worked with a diverse group of businesses advising clients in legal, financial and tax arenas. She began her career in the public accounting arena and then moved into the private sector as tax director for a biotech firm, Hybritech, Inc. Ms. Allen progressed to controller and CFO/legal counsel positions for a number of San Diego companies before becoming a partner at Allen Barron, Inc. and founding Janathan L. Allen, APC. Ms. Allen earned her B.S. degree from the University of Montana, her M.B.A. degree from the University of San Diego, her LL.M. degree from the University of San Diego School of Law, San Diego, California and her J.D. degree from Southwestern University School of Law, Los Angeles, California.
Speaker bio
Mark S. Cherry
is a self-employed attorney and certified public accountant in a general practice law firm in Cherry Hill, New Jersey. His firm has extensive experience in foreclosure prevention, real estate, tax law, and bankruptcy law. Mr. Cherry is admitted to practice in New Jersey, Pennsylvania, federal district courts, bankruptcy court, Federal Court of Appeals, and U.S. Tax Court. He is also qualified as a Certified Valuation Analyst (CVA) in business valuation and a Master Analyst in Financial Forensics (MAFF). Mr. Cherry is a member of the American Institute of Certified Public Accountants (AICPA) and American Association of Attorney-Certified Public Accountants (AAA-CPA). He earned his J.D. degree from the Delaware Law School of Widener University and his B.B.A. degree from Temple University (Moot Court Honor Society).
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