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 course 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!
Publication Date: February 2020
Designed For
CPAs, CFO/controllers, financial managers, auditors, financial analysts and practitioners who provide accounting, tax or consulting services to businesses.
Topics Covered
- 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
Learning Objectives
- 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
- Identify Positive laws
- Describe the Bank Secrecy Act
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Business Law (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
David Osburn
David L. Osburn is the founder of Osburn & Associates, LLC, a Business Training and Contract CFO Firm that provides seminars, webinars, and keynote speeches for bankers, CPAs, credit managers, attorneys, and business owners on topics such as Banking/Finance/Credit, Negotiation Skills, Marketing, and Management Issues.
Mr. Osburn’s Contract CFO clients include medical practitioners, financial institutions, law firms, CPA firms, architects, real estate developers, and contractors.
His extensive professional background of over 30 years encompasses 21 years as a Business Trainer/ Contract CFO and 16 years as a bank commercial lender including the position of Vice President/Senior Banking Officer. His banking credentials include loan underwriting, loan “work-out”, management, and business development.
Mr. Osburn has been an adjunct college professor for over 30 years including the College of Southern Nevada.
He holds an MBA from Utah State University, a BS in Finance from Brigham Young University, and is a graduate of the ABA National Commercial Lending School held at the University of Oklahoma.
Additionally, Mr. Osburn holds the professional designation of Certified Credit & Risk Analyst (CCRA) as granted by the National Association of Credit Management (NACM).