Accounting 101 [2017 Edition]


Re-Broadcast on January 16, 2018

Accounting 101 introduces attorneys to basic accounting terms and concepts and explains them in real examples. Attorneys will gain the tools necessary to recognize and address accounting issues that arise in the legal area and leave the presentation comfortable with the interplay between accounting and the law.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•  Basic Accounting Concepts
•  Basic Accounting Records
•  Practical Application

Date / Time: January 16, 2018

•  2:00 pm – 4:00 pm Eastern
•  1:00 pm – 3:00 pm Central
•  12:00 pm – 2:00 pm Mountain
•  11:00 am – 1:00 pm Pacific

Choose a format:

•  Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•  On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.


linda-l-snellingLinda L. Snelling, Esq. is a member of the Tax, Trusts and Estates Department. Linda has over twenty years of extensive experience as a lawyer. Prior to her legal career, Linda worked in the financial industry and has been a Certified Public Accountant in the State of Florida since 1985. Linda devotes her practice to estate and wealth planning for high net worth individuals and probate and guardianship matters including litigation or estate and trust disputes, and she handles a wide variety of taxation issues. Her experience as a certified public accountant at two of the country’s largest accounting firms is a substantial asset she brings to her practice. She has advised clients in multimillion-dollar litigation as well as supervised and managed audits, often for Fortune 500 clients.

Linda was a 2010 nominee for Woman of the Year by the Junior League of Boca Raton. She was a 1999 Women of Distinction nominee by Soroptimist International of Boca Raton. She holds the BV® Peer Review Rating from Martindale-Hubbell. See Award Methodology. Linda is a member of the
Florida Association of Women Lawyers, the American & Florida Institute of Certified Public Accountants, the Women’s Society of Certified Public Accountants, the Boca Raton Estate Planning Council, and the Women for Excellence, Inc.

Linda also serves Pro Bono on a number of guardianship matters. Previously, she served as Treasurer of Caridad Center, Inc., which provides educational and medical assistance to families in need. She was honored in October 2010 as a Volunteer of the Year of the Junior League of Boca Raton for her work with the Caridad Center, and in 2017 was recognized with a Pro Bono Award from the Legal Aid Society of Palm Beach County, Inc.

Linda earned her B.S. in Business Administration from the University of Arizona. Ms. Snelling received her J.D. and LL.M., with high honors, in Taxation from the University of Florida College of Law.

CLE Accreditation:
mylawCLE seeks approval in all states except VA.

CLE 2.00 – AK
CLE 2.00 – AL
CLE 2.00 – AR
CLE 2.00 – AZ
CLE 2.00 – CA
CLE 2.40 – CO
CLE 2.00 – DE
CLE 2.40 – FL
CLE 2.00 – GA
CLE 2.00 – HI

CLE 2.00 – IA
CLE 2.00 – ID
CLE 2.00 – IL
CLE 2.00 – IN
CLE 2.00 – KS
CLE 2.00 – KY
CLE 2.00 – LA
CLE 2.00 – ME
CLE 2.00 – MN
CLE 2.40 – MO

CLE 2.00 – MP
CLE 2.00 – MS
CLE 2.00 – MT
CLE 2.00 – NC
CLE 2.00 – ND
CLE 2.00 – NE
CLE 2.00 – NH
CLE 2.40 – NJ
CLE 2.00 – NM
CLE 2.00 – NV

CLE 2.40 – NY
CLE 2.00 – OH
CLE 2.40 – OK
CLE 2.00 – OR
CLE 2.00 – PA
CLE 2.00 – PR
CLE 2.40 – RI
CLE 2.00 – SC
CLE 2.00 – TN
CLE 2.00 – TX

CLE 2.00 – UT
CLE 2.40 – VI
CLE 2.00 – VT
CLE 2.00 – WA
CLE 2.40 – WI
CLE 2.40 – WV
CLE 2.00 – WY

Accreditation Policy
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

On-demand CLE
myLawCLE will seek on-demand approval in all states except Virginia and Arkansas (outside reciprocal provisions stated above).

myLawCLE Credit Guarantee
myLawCLE offers a program and credit approval guarantee. If a registered attendee is unhappy with a CLE program they have attended, myLawCLE will offer that attended access to another complimentary CLE or a full refund in order to insure the attendeeís satisfaction.

Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.

Section I. Basic Accounting Concepts
a) Matching concept
b) Going Concern
c) Revenue Recognition
d) Materiality
e) Conservatism
f) Consistency/Comparability

Section II. Basic Accounting Records
a) Balance Sheet
b) Income Statement
c) Statement of Cash Flow

Section III. Practical Application
a) Obtaining Relevant Records
b) Identifying Vital Documents
c) Forensic Accounting
d) Developing a Preliminary Strategy

Section IV. Discovery
a) Pre-suit Discovery
b) Depositions
c) Written Interrogatories
d) Requests for Admissions
e) Production of Documents or Things
f) Motions to Compel Discovery
g) Protective Orders

Section V. Using your Accounting Information/Documents at Trial
a) Authenticating the Evidence
b) Business Records
c) Preparing the Witnesses
d) Rules of Professional Conduct