Financial Statements & Business Valuation Workshop: Accounting Basics: An Introduction to Tax and Accounting
Master the fundamentals of tax and accounting with a guided tour through the key issues you need to know to strengthen your commercial skillset. Mastering these critical concepts will provide you with a firm foundation to understand the countless financial, accounting and tax issues that you’ll encounter throughout your career. Consider balance sheets, bookkeeping, profit and los statements, goods and services tax, income tax and more. WEB223N30A
Description
Attend and earn 1 CPD unit in Professional Skills
This program is applicable to practitioners from all States & Territories
In a competitive market lawyers with astute skills in understanding the ins and outs of financial statements and the inner workings of business valuations will be in higher demand as these skills cannot be overlooked. With this 3-part workshop you will hone these skills so that you can:
- UNDERSTAND the essentials of forensic accounting and tax
- CONSIDER the key considerations of different business structures and entities
- ANALYSE financial statements, balance sheets, tax returns, profit & loss statements & more
- NAVIGATE the business valuation process from beginning to end
Facilitated by Lauren Cusack, a leader in forensic accounting and business valuation. Lauren has over 20 years of experience in combining accounting, auditing, and investigative skills to analyse and explain financial information and provide expert accounting and business valuation opinions.
Accounting Basics: An Introduction to Tax and Accounting
- Cash versus accruals
- The balance sheet explained
- Double entry bookkeeping
- The profit and loss statement explained
- The relationship between the balance sheet and the profit and loss statement
- Goods and services tax
- Income tax
Presented by Lauren Cusack, Founder and Director, Cusack Forensics and Business Valuation
Presenters
Lauren Cusack is a business valuation and forensic accounting specialist who advises clients on commercial transactions and litigation matters. She uses her financial accounting, business modelling and business valuation expertise to deliver high-quality solutions to individuals, management, companies and legal advisors. Lauren has been involved in valuing small to medium sized businesses; private companies, partnerships and trusts; options and other employee entitlements; and intangible assets such as goodwill. Her work has focused on several areas including tax legislation compliance, reporting requirements under Australian International Financial Reporting Standards (AIFRS), litigation support, shareholder disputes, restructures, and the sale and purchase of businesses
Testimonials
‘Comprehensive coverage of very complex topic. Very good, interesting & well explained’
‘Great content, easy to understand & I got a lot out of it’
‘Excellent speaker & presentation with helpful information and pointers’