Reading Financial Statements for Lawyers and other Legal Professionals

2.0 CLE (Substantive)

Course Description

During Part 1 of this presentation, Mr. O’Neill discussed:

  • Accounting equation
  • Liability and equity
  • GAAP (General Accepted Accounting Principles)
  • Significant principles
  • Accounting methods
  • Levels of assurance
  • Balance sheets
  • Asset categories
  • Liabilities and retained earnings

During Part 2 of this presentation, Mr. O’Neill discussed:

  • Matching principles
  • Cost of goods sold
  • Manufacturing/construction
  • Income statements
  • Cash flow statements
  • Investment/financial activities
  • Balance sheet test cases

Meet Your Speaker

Mr. P. Dermot O'Neill is a CPA with more than 40 years of public accounting experience with a B.S. in economics from Villanova University. P. Dermot's practice concentrates in areas of forensic accounting, litigation, support, business valuation, transaction consulting, financial analysis, and income taxation. He has provided consulting and expert witness assistance is cases involving oppressed shareholders, personal injury, wrongful death, accounting malpractice, contract and tort issues. P. Dermot is the managing editor of the National Litigation Consultants' Review which he has written numerous articles. He has testified as an expert in many states, as well as the Federal Bankruptcy Court and Federal District Court. P. Dermot has presented continuing professional education seminars sponsored by various state accounting institutes and societies, bar associations and universities.

Course Information

Please do not sign-up for this course if you have previously purchased the 2018 Paralegal Cruise package as this will be a duplicate. You can learn about the 2018 Paralegal Cruise Package here.

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This course has been provided by The TASA Group. Founded in 1956, The TASA Group is the leading provider of a variety of quality, independent, testifying and consulting experts nationwide, giving clients access to seasoned professionals in 11,000+ technical and medical specialties. The TASA Group is dedicated to providing the best experts and consultants available to meet clients' diverse needs.

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Continuing Legal Education Credit (CLE)

NALA: This seminar is pre-approved by the Certifying Board of the National Association of Legal Assistants (NALA).

FRP: As approved by NALA, this seminar meets the requirements under Rule 20-6.1 of the Rules Regulating The Florida Bar for continuing legal education credit required to maintain the FRP credential.

NALS: This seminar is pre-approved by NALS, Inc. for continuing legal education credit required to maintain your NALS credential.

NFPA accepts substantive CLE hours bearing NALA accreditation.

CLE Credits from this program are pre-approved by NALA and can be used for your CLE requirements with any other associations which accept credits that hold NALA's approval. A certificate of completion is awarded upon completion of this program. It is the students responsibility to ensure NALA approved credits will be accepted by the entity they report credits to before signing up. If you aren't sure, please e-mail [email protected] for assistance.