Business Law Basics for the CPA (Currently Unavailable)

Author: David Osburn

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