Business Law Basics for the CPA (Completed)
Date: Tuesday, February 18, 2020
Instructor: David Osburn
||12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
||2 hours for CPAs
David Osburn will provide the CPA with a basic framework of Business Law including the judicial process. Emphasis will be placed on how the legal system can help/harm the CPA’s client including how to avoid a lawsuit through maintaining both ethical behavior and effective negotiations.
A review of the judicial process, alternatives to litigation including arbitration and mediation, and the client’s business structure (from a legal perspective), will be displayed.
This webinar will also cover the nature and characteristics of contracts (promissory note/ lease), problem loan situations, collection efforts, judgments, repossession, foreclosure, short-sale, and deed in lieu of foreclosure. Additionally, bankruptcy and banking regulations will be discussed. This webinar is a must for all CPAs who want to better understand business law basics and help their client’s avoid expensive, unwanted litigation!
Who Should Attend
CPAs, CFO/controllers, financial managers, auditors, financial analysts and practitioners who provide accounting, tax or consulting services to businesses.
- The difference between Law and Ethics and Why It Matters
- Negotiations and the Law
- The Judicial Process including the Stages of Litigation
- Alternatives to Litigation including Arbitration and Mediation
- The Client's Business Structure and the Law
- The Nature and Characteristics of Contracts (Promissory Note/ Lease)
- Problem Loan Situations (What Happens when a "Good" Loan Turns "Bad")
- Collections (How Hard Can a Creditor Push?)
- Judgments, Repossession, Foreclosure, Short-Sale, and Deed in Lieu of Foreclosure
- Bankruptcy Chapters (7, 9, 11, 12, and 13)
- Overview of Banking Regulations
- Identify a basic framework of business law
- Recognize how the legal system can help/harm the CPA's client including how to avoid a lawsuit through maintaining both ethical behavior and effective negotiations
- Describe the nature and characteristics of contracts
NASBA Field of Study
Business Law (2 hours)