Author(s)	Vern Krishna
Publication Year	2013
Publisher	Irwin Law Inc.

ISBN: 9781552213247

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Understanding Financial Statements

Name: Understanding Financial Statements
SKU: 9781552213247
Price: 0.80 CAD
Availability: InStock

It is important for lawyers who deal with commercial, corporate, family, estate, and even criminal practices to understand the rudimentary concepts of accounting and finance. Generally, legal professionals fear financial statements. This book uses clear, concise explanations of what lawyers need to know in order to understand financial statements.

Contributors

Vern Krishna

Vern Krishna, CM, QC, FRSC, FCGA, MCIArb, earned a B Comm (Manchester), MBA, LLB (Alberta), DCL (Cambridge) and LLM (Harvard). He is a professor at the University of Ottawa Faculty of Law. He is also of Counsel, Borden Ladner Gervais LLP and Executive Director of the Tax Research Centre at the University of Ottawa. Professor Krishna is a member of the Order of Canada and a Fellow of the Royal Society. He has been a Bencher of the Law Society of Upper Canada since 1991 and served as its Treasurer from 2001–03.

Chapter	Contributors	Pages	Year	Price
Introduction Introduces many important concepts of accounting such as business cycles, finance, the regulators, as well as the three Cs of accounting, which are characterization, classification and communication. View	Vern Krishna	14	2013	$1.40
Fundamental Financial Concepts Outlines fundamental financial concepts, focusing on money measurement, annual reporting, time and allocation, conservatism, revenue recognition, misconceptions about accounting, the time value … View	Vern Krishna	33	2013	$3.30
Generally Accepted Accounting Principles and Reporting Standards Discusses generally accepted accounting principles (GAAP) and reporting standards, focusing specifically on the hierarchy of GAAP sources, GAAP and tax law, auditing and professional standards, … View	Vern Krishna	11	2013	$1.10
Overview of Financial Statements Provides an overview of financial statements, explaining illustrative financial statements, notes to the financial statements, the balance sheet, the income statement, statements of comprehensive … View	Vern Krishna	29	2013	$2.90
The Balance Sheet Looks at the major and most common business balance sheets and the common characteristics and principles they share. Assets, liabilities and equity are specifically discussed. View	Vern Krishna	55	2013	$5.50
Measurement of Income Discusses the measurement of income, focusing on account principles, net income, measurement and timing, revenue realization, revenue recognition, Canadian GAAP, accrual, matching, conservatism, … View	Vern Krishna	29	2013	$2.90
Reports on Financial Statements Considers reports on financial statements, focusing on auditors’ reports, general representation letters, the structure of audit reports, qualified reports, review engagements and notice to … View	Vern Krishna	19	2013	$1.90
Interpretation of Financial Statements Discusses the interpretation of financial statements, focusing on measuring financial success, returns on equity, profitability ratios, liquidity ratios, solvency ratios, financial leverage and … View	Vern Krishna	25	2013	$2.50
Accounting and Law Discusses accounting and the law, considering general principles such as the privity of relationships, foreseeability and duty of care. View	Vern Krishna	11	2013	$1.10
Tax Aspects of Equity Explores tax aspects of equity, focusing on paid-up capital, the classes of shares, stock dividends, the conversion of shares, adjustments to paid-up capital and share redemptions. View	Vern Krishna	8	2013	$0.80
Law and Accounting Concludes by discussing law and accounting, focusing on business contracts, employment contracts, negligent misrepresentation, income tax, drafting agreements, IFRS and GAAP, balance sheet … View	Vern Krishna	36	2013	$3.60

Understanding Financial Statements

Contributors

Vern Krishna

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