A great resources to help your lawyer clients (and prospects) understand business valuation
Finance & Accounting for Lawyers (Authored by Brian Brinig)
The principles of accounting and finance directly extend to contract issues, torts, business and securities matters, taxation issues, partnership disputes, and gift and estate matters, to name only a partial list. Financial measurement can be the heart of the entire matter.
Finance & Accounting for Lawyers is a current guide on how law and accounting intersect. It’s essential reading prior to working with financial experts or opposing counsel on finance, accounting, or business valuation issues—and it gives lawyers an understanding of both the complexities and the shortcomings of financial analysis methods. Brinig practices and teaches law in San Diego, and designed the new textbook for use by his students and colleagues.
Highlights of the textbook include:
- An Introduction to Accounting
- Double Entry Accounting System
- Accrual Accounting
- Fixed Assets and Depreciation
- Inventory Accounting and Cost of Goods Sold
- Financial Statement Analysis
- Introduction to Finance: The Time Value of Money
- General Principles of Appraisal and Valuation of Businesses
- Sample Appraisal Report
- IRS Revenue Rulings
- Damages
- Personal Economic Losses
- Discount Rate Calculations
- Commercial Damages
- Opinion Evidence and Expert Testimony