Understanding Financial Statements

SKU: 35_07_03

This paper discusses the financial statements that lawyers often deal with in the course of corporate or family law files. The author provides an in-depth discussion of the balance sheet, statement of retained earnings, cash flow statement, and the notes to financial statements. The paper closes with the fundamental income tax principle of integration.

This paper was presented at LESA’s 2011 Understanding Financial Statements program.

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