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Fundamental Tools and Practical Tips Needed to Examine Common Financial Documents

Hiring a forensic accountant to assist you with interpreting financial data is not always feasible (or practical). That's when being able to artfully examine, investigate and communicate financial information as an attorney becomes crucial. Whether you're reviewing financial statements, business valuations, tax returns or calculating damages; identifying potential areas of concern is essential to ensuring your client's best interests. Filled with real-world examples, practical tips and fundamental tools, this full-day program will show you how to dissect, interpret and look beyond the numbers to recognize key findings in the common financial information you handle on a daily basis. Led by forensic accountants, you'll learn time-tested techniques you can start using right away to put yourself steps ahead of your colleagues and ensure your clients are receiving favorable financial outcomes - register today!

  • Learn how to analyze and interpret balance sheets, income statements and statement of cash flows.
  • Use financial ratios to assess errors and misrepresentations.
  • Gain practical tactics and methods needed to accurately deconstruct 1040s.
  • Learn secrets for looking beyond the numbers and analyzing business cash flow.
  • Discover how to accurately calculate lost profit damages.
  • Find out the latest techniques for dissecting limited liability companies to uncover errors and attempts to deceive.
  • Learn how to effectively refute business valuation approaches and methods and where to look for red flags.
  • Become skilled at digging into internal databases, analyzing retirement plans and dissecting investments to locate hidden assets, income and interests.
  • Learn how to effectively use subpoenas to obtain business records.
  1. Accounting Key Terms, Definitions and Lingo
  2. Assessing Misrepresentations in Financial Statements (With Real-World Examples)
  3. How to Calculate Damages Like a Forensic Accountant (With Real-World Examples)
  4. Business Valuation - Dissecting Closely Held Entities
  5. Savvy Ways to Locate Hidden Assets, Interests and Income (With Real-World Examples)
  6. Ethical Standards



  1. Forensic Accounting Key Terms, Definitions and Lingo
    9:00 - 9:45, Martin H. Abo and Joseph P. Cipolla Jr.
  2. Assessing Misrepresentations in Financial Statements (With Real-World Examples)
    9:45 - 10:45, Martin H. Abo and Joseph P. Cipolla Jr.
    1. Documents Necessary for Analysis - Overview and Checklist
      1. Balance Sheet
      2. Income Statements
      3. Statement of Cash Flows
    2. Ratio Analysis - How to Look Beyond the Numbers
      1. Liquidity Analysis
      2. Financial Risk/Leverage Analysis
      3. Activity/Efficiency Analysis
      4. Operating Profitability Analysis
    3. Business Cash Flow Analysis
    4. Deconstructing Form 1040
  3. How to Calculate Damages Like a Forensic Accountant (With Real-World Examples)
    11:00 - 12:00, Martin H. Abo and Joseph P. Cipolla Jr.
    1. Documents Necessary - Checklist and Overview
    2. Loss of Earnings
    3. Lost Profits
    4. Business Damages
    5. Writing Economic Loss Appraisals
    6. Review of Damage Reports
  4. Business Valuation - Dissecting Closely Held Entities
    1:00 - 2:00, Martin H. Abo and Joseph P. Cipolla Jr.
    1. Documents Necessary for Valuation- Checklist and Overview
    2. Applying the Correct Valuation Approach/Method
    3. Refuting Valuation Approaches and Methods
    4. Determining Accuracy of Disclosures
    5. Considerations of Discounts and Premiums
    6. Where to Look for Red Flags (Acquisitions, Mergers, Shareholder Disputes, etc.)
    7. How to Spot Differences in Standards of Value
    8. Consideration of Daubert Challenges
  5. Savvy Ways to Locate Hidden Assets, Interests and Income (With Real-World Examples)
    2:15 - 3:30, Martin H. Abo and Joseph P. Cipolla Jr.
    1. Crafting Discovery Requests to Obtain Key Data
    2. Hidden Income Analysis Methods
    3. Analyze Retirement Plans
    4. Detecting Debtors Hiding Assets with Relatives
    5. Using Databases
    6. Depositions and Interrogatories - Do's and Don'ts
    7. Issues with Privilege, Privacy, and Fraudulent Transfers
    8. E-Mail, Text Messages, Social Networking Sites, Blogs and Online Evidence
    9. Uncovering Hidden Property
    10. Using Bankruptcy, Judgment and UCC Searches
    11. Publicly Available Information
    12. Government Records and Court Records
    13. Bank and Credit Bureau Information
    14. Probate/Estate Documents, Trust Interests, QDROs
  6. Ethical Standards
    3:30 - 4:30, Vincent E. Gentile
    1. Work Product Doctrine
    2. Avoiding Penalties and Sanctions Associated with Valuations
    3. Conflicts of Interest
    4. Protecting Confidentiality
    5. Addressing Financial Misconduct

*Disclaimer: This program is meant to be an educational guide to forensic accounting and does not constitute NBI's endorsement or recommendation of any forensic accounting provider.



Register Now
Forensic Accounting 101 for Attorneys
  • Course ID:
    245328
  • Duration:
    1 day
  • Price:
    $349
  • Date:
    Friday 12/8/2017
  • Time:
    9:00 am to 4:30 pm
  • Location:
    Clarion Hotel - Lexington, KY
    1950 Newtown Pike
    Junction I-75 And Newtown Pike
    Lexington, KY 40511