Reading Tax Returns and Corporate Financial Statements

ReadingTaxReturns

If you practice in family law, LESA’s upcoming Reading Tax Returns and Corporate Financial Statements program has plenty to offer, since you’ll gain insights from both experienced lawyers and chartered accountants.

As seminar chair Tina Huizinga explained, this seminar had its genesis in the feedback our past attendees offered:

One of the things that came up in a lot of our seminars … [were] questions … about financial disclosure: how to get disclosure, how to know what to look for. That’s really what Reading Tax Returns and Corporate Financial Statements is geared towards: getting people that better knowledge base.”

Hear from Lawyers and Accountants

To answer these questions that many of you have identified about reading tax returns and corporate financial statements, this upcoming program brings together both lawyers and accountants who will share their wealth of knowledge about this topic.

Michelle MacKay
Reading Financial Statements

Scot Menzies
Personal Income Tax Returns and Sole Proprietorships

Norm Picard QC
Tax on Farm Income

Accountants
Heather Askham (Calgary)
Raj Manek (Edmonton)

Here’s how Tina described what their various perspectives have to offer:

  • Lawyers will highlight “what to look for from a legal perspective: things to be aware of under the federal child support guidelines [and] the requirements associated with income calculation for spousal support as well as matrimonial property. … [They’re] providing the summary of what to look for [and] what should raise questions in counsel’s minds.”
  • Accountants will field questions in Q & A sessions where attendees can “ask more detailed accounting and expert-type questions … [to glean specific information] or to determine if they need to get some actual accounting advice, some expert advice, for their client. …  What we found in the other courses is that there were a lot of questions about entries on tax returns or financial statements, and the participants wanted to a have a little more time to have questions and answers on those types of things as well.”
Program Benefits

For Tina there are 4 main benefits practitioners will gain from attending:

  1. Becoming more familiar with the documents to know “where the flags are” that should raise questions in your mind.
  2. Gaining the knowledge to interpret simple information without “always having to rely on an expert.”
  3. Learning to distinguish what you can handle on your own versus when you should seek out “expert advice … to appropriately advise your clients.”
  4. Discovering practical information – not just an esoteric understanding – by examining particular entries so that when you return to the office you can reference the course materials when you have questions about a file.
Register Online

This program is geared towards those starting out in a family law practice or those wanting to review the fundamentals of how to understand tax returns and corporate financial statements. As Tina says, “This is something that everyone who is starting out in family law really is going to want to be familiar with, because it’s going to be something that takes them through their entire practice.”

So if you want to hone your skills and expand your knowledge, register online now to attend in Edmonton (December 1) or Calgary (December 8).

We can’t wait to see you there!

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