Finance for Lawyers

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

Thank you

Thank you for joining us for Finance for Lawyers.

Description

Finance is a language of business and relevant in so many areas of practice and practice management.

Contributors

Gregory S. Davis

Gregory S. Davis is with The Law Office Gregory S. Davis PLLC in Wake Forest. His focus is serving his clients in the areas of wills and estate planning, real property law (commercial and residential), contracts, corporate services.

Greg is a former Trust Officer with a large regional bank, and worked as a financial advisor with a Wall Street firm as well as a data warehousing consultant. He has also taught the Foundations of Finance and Portfolio Management as an adjunct professor at Meredith College.

Greg has also published ABC's of Money for Girls and Boys and believes young children should review the basics of money early and often.

Greg, a native New Yorker, is a graduate of the Norman Adrian Wiggins School of Law at Campbell University. In addition to being a licensed attorney in North Carolina, he also holds an MBA from Bowie State University and received his undergraduate degree in Economics from the Wharton School of Business at the University of Pennsylvania. While at UPENN, Greg was captain of the Men's Track and Field team, focusing on running in sprint and relay events.

Greg enjoys spending time with his wife and their four children, outdoor activities, soccer, trail biking and building furniture.

Click here for more information about Greg.

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