12:25 Registration
12:55 Welcome and Introductions
1:00 The Basics of Finance
Gregory S. Davis, The Law Office Gregory S. Davis PLLC, Wake Forest
In this session, receive an overview of the finance basics, including:
• Generally accepted accounting principles (GAAP)
• Accrual
• Income Statements
• General Ledger
• Earnings before interest, taxes, depreciation and amortization (EBITDA)
• Goodwill
• Tangible Net Worth
• Balance Sheet
• Statement of Cash Flows
2:30 Break
2:45 Footnotes, Fraud and Cases
Gregory S. Davis, The Law Office Gregory S. Davis PLLC, Wake Forest
This session provides information on the importance of footnotes and how to detect fraud by looking at overreporting revenue, boosting income with special events and fictitious transactions. The session concludes with a review of select cases.
4:15 Adjourn