Agenda / Content Covered

1. Understanding Basic Accounting Concepts
   10:00 — 10:15, Robert Bollengier
   1. Comprehending Accounting Terms
   2. How to Read Financial Statements
      1. Balance Sheet
      2. Income Statement
      3. Statement of Cash Flows
      4. Relationship Between Statements
   3. Understanding GAAP and Other Accounting Styles
2. Analyzing Financial Statements
   10:30 — 11:30, Robert Bollengier
   1. Calculating and Interpreting the Numbers
      1. Liquidity Analysis
      2. Profitability Analysis
      3. Activity Analysis
      4. Capital Structure
      5. Capital Market
3. Accounting for Different Entities
   11:30 — 12:30, Robert Bollengier
   1. Accounting and Tax Return Analysis
      1. Sole Proprietorships
      2. C-Corporations
      3. S-Corporations
      4. Partnerships
      5. Limited Liability Companies
4. Law Office Accounting and Management
   1:00 — 1:45, Bruce Andersen
   1. General Features
   2. Accounting Problems
   3. Financing Problems
   4. Basic Chart of Accounts
   5. Tax Issues
5. Dealing With the IRS
   1:45 — 2:15, Bruce Andersen
   1. An Overview of the IRS Examination Process
   2. Different Types of Audits
      1. Audits of Individual Returns
      2. Audits of Business Returns
      3. Audits of Other Returns
   3. Preparing for an Audit: An Organized Approach
      1. Collection Procedures
6. Identifying Fraud and Forensic Accounting
   2:15 — 3:00, Mark Cherry
   1. Detecting Red Flags
   2. Preventing Attorney Liability
   3. Understanding the Difference in Prepared Financial Statements
   4. Fraud Detection and Prevention
      1. The Fraud Triangle
      2. Types of Fraud
      3. Steps in Conducting a Fraud Investigation
      4. Internal Controls
   5. Divorce: Hidden Income Analysis
      1. Expenditure Method
      2. Net Worth Method
      3. Bank Deposit Method
7. Complying With Ethical Standards
   3:15 — 4:15, Janathan Allen
   1. Confidentiality
   2. Attorney-Client Privilege
   3. Work Product Doctrine
   4. Protecting Confidentiality, Privilege, and Work Product Doctrine When Working With Accountants and Tax Advisors
   5. Conflicts of Interest
   6. Reporting Professional Misconduct
8. Using Accounting and Financial Records as Evidence
   4:15 — 5:00, Janathan Allen
   1. Obtaining Vital Documents
   2. Introducing Financials at Trial
   3. Evidentiary Pitfalls
   4. Identifying Potential Experts
   5. Preparing an Accountant for Trial

Accreditation Details:

Janathan L Allen is a partner with Allen Barron, Inc., an estate planning and financial advisory firm located in San Diego. She is also senior partner at Janathan L. Allen, APC. Ms. Allen has an extensive international tax, accounting, finance and legal background, and has worked with a diverse group of businesses, advising clients in legal, financial and tax arenas. She began her career in the public accounting arena and then moved into the private sector as tax director for a biotech firm, Hybritech, Inc. Ms. Allen progressed to controller and CFO/legal counsel positions for a number of San Diego companies before becoming a partner at Allen Barron, Inc., and founding Janathan L. Allen, APC. Ms. Allen earned her B.S. degree from the University of Montana; her M.B.A. degree from the University of San Diego; her LL.M. degree from the University of San Diego School of Law, San Diego, California; and her J.D. degree from Southwestern University School of Law, Los Angeles, California.

 

Bruce T Andersen is the president of BTA Corporation, a boutique firm located in Los Angeles, California, providing tax, accounting, and consulting services to small businesses. Mr. Andersen is a certified public accountant. He has taught management science and information systems at California State University in Bakersfield. For the last 14 years he has been a member of the faculty at the University of Phoenix School of Business. Mr. Andersen is a member of California Society of Certified Public Accountants. He received his B.S. degree from Iowa State University, his M.S.B.A degree from Boston University, his M.B.A. degree from California State University in Bakersfield and his M.S. (taxation) degree from Golden Gate University. After watching the cannabis industry for several years, the firm set up a division specifically for the cannabis industry in 2018, branded as CannabisCPA.tax, providing tax, audit, accounting and systems support to the cannabis industry.

 

Robert E Bollengier is a sole practitioner with Robert E. Bollengier, Attorney/CPA, in Warwick, Rhode Island. His practice areas include federal and state taxation, probate, estate planning, wills, trusts, and corporate and business law. Mr. Bollengier has been a visiting instructor for Bryant University and Providence College. He earned his B.S. degree, magna cum laude, from Boston College; simultaneously earned his J.D. degree with his M.B.A. degree, highest honors, from St. Louis University; and his LL.M degree, cum laude, from Boston University. In addition, Mr. Bollengier earned a certificate of advanced graduate studies in estate planning from Bryant University and is currently working towards his CFP®, ChFC and CLU designations. He is a member of the Rhode Island and American bar associations, as well as the Rhode Island Society of Certified Public Accountants.

 

Mark S Cherry is an attorney with Mark S Cherry Attorney at Law, PC, which is a general practice professional law firm in Cherry Hill, New Jersey that, in addition to the general practice of law, assists homeowners across New Jersey. His firm has extensive experience in foreclosure prevention, real estate, tax law, and bankruptcy law. Mr. Cherry is admitted to practice in New Jersey, Pennsylvania, federal district courts, bankruptcy court, federal court of appeals and U.S. Tax Court. In addition to being an accredited civil mediator, he is also the member of the American Institute of Certified Public Accountants (AICPA), American Association of Attorney-Certified Public Accountants (AAA-CPA), and New Jersey Association of Professional Mediators (NJAPM). He earned his J.D. degree from the Delaware Law School of Widener University. Before that he earned his B.B.A. degree from Temple University (Moot Court Honor Society).