Insights
Event
Pocket MBA 2021: Finance for Lawyers and Other Professionals
New York City
November 18-19, 2021
Ozgur Kan took part in a panel on “Financial Statements in Practice: A Case Study” on November 18. Panelists discussed:
- The purposes of an entity’s financial statements and how they benefit various users of the financial information
- Different financial statements, the main takeaways from each, and how they correlate with each other:
- Income statement
- Balance sheet
- Statement of cash flows
- Statement of shareholders’ equity
- Key differences in financial accounting and reporting between publicly held companies and privately held or smaller companies
- How attorneys use financial statements in litigation or transactional matters