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Introduction to Financial Statements

with Joseph Novello, CPA

Thursday, April 13, 2023

Learning Options:

Live webinar with chat*
includes 60 day replay

9:00 am – 10:30 am (Pacific)
10:00 am – 11:30 am (Mountain)
11:00 am – 12:30 pm (Central)
12:00 pm – 1:30 pm (Eastern)
1:00 pm – 2:30 pm (Atlantic)
1:30 pm – 3:00 pm (Newfoundland)

*This program features real-time audio of the presenter with synchronized presentation slides, and a chat feature that allows for live Q & A. SK attendees please verify whether you align with Central (MB) or Mountain (AB) time based on season and location.

Registration Fee:

Save $25
Register on or before March 24, 2023
$140.00 + HST

Register after March 24, 2023
$165.00 + HST

Groups Save!

Register 3+ attendees and save up to 25%. See our group discounts here. Contact

CPD Credit Hours:

CPID Credit Hours

CPD Hours (live presentation*)

ON: This program contains 1.5 Professionalism hours.

BC: This program has been approved for 1.5 CPD hours, including 0.5 hours of professional responsibility and ethics, client care and relations, and/or practice management.

SK: This program has been approved for 1.5 CPD hours.

Lawyers in other mandatory CPD jurisdictions may count their attendance towards their CPD requirement/plan.

Seminar Partners is an Accredited Provider of Professionalism Content by the Law Society of Ontario and a pre-approved CPD Provider of the Law Society of British Columbia.

*The circumstances under which CPD credit will be recognized for watching archive programs vary by province. If you are viewing the recording of the live webinar, please verify with your law society the circumstances under which they will recognize CPD hours for the recording.

Technical Information:

Live webinars allow you to hear faculty and see their presentation slides, and ask questions by chat. There is no video feed of the presenter(s). You will need a current web browser (Chrome (Chrome works best), Safari, Firefox), a wired (better than wireless) connection to the Internet of at least 2 Mbps. You can test your internet speed/bandwidth here. If you miss the live program, you can access the archive, at your convenience, for 60 days.

Satisfaction GuaranteeSatisfaction Guarantee:
At Seminar Partners, we’re proud of the quality of our programs and presenters. An overwhelming 98% of our participants say they would recommend the program they have taken to their colleagues. If, after having attended a program in its entirety, you are not satisfied that the program has enhanced your understanding of the subject, and you notify us of this in writing the same day, we will give you a credit toward another program of comparable price.

Who Should Attend

This introductory level seminar is designed for lawyers who require a working understanding of financial statements to effectively advise clients or run their own law firm.

About the Program

New to financial statements? Then this program is for you! Learn the fundamentals of balance sheets, income statements, and cash flow statements with this annual, best-selling program! Popular presenter and CPA Joseph Novello will walk you through the three most important financial statements lawyers should know. Using a combination of practical explanations and short, easy to follow exercises, Joe will explain how the balance sheet, income statement and cash flow statement interact with each other, how each statement is practically used, and how common business activities impact these statements. Along the way, you’ll gain a basic understanding of important finance and accounting concepts like goodwill, equity, depreciation, amortization and what the various levels of audit assurance mean. The presentation will focus on private companies, which most lawyers will encounter in their practice. The more you understand about financial statements, the better you’ll be able to counsel clients with confidence and use your financial skills to your client’s advantage in transactions or disputes. Having a working knowledge of financial statements will also help solo practitioners and principals of smaller law firms better understand their own financial performance. Joe even includes examples from a small law firm. Register now to learn what you need to know to read financial statements!

Meet Your Presenter

Joseph Novello

Joseph Novello began his career in accounting and management consulting at Ernst & Young in New York City. He obtained his CPA license in New York and his MBA in Finance from New York University. Joe’s vast experience was gained with several domestic and international Fortune 500 companies as Controller, CFO and in other planning and analysis positions. Since founding the Financial Training Organization in 2010, Joe has presented his finance programs to thousands of lawyers at in-house, bar association, and CLE provider presentations in 15 U.S. states and across Canada. His goal is to share an easy-to-understand approach that will make dealing with a client’s financial matters more manageable. He brings his real-world experience and candid opinions to his programs, and is consistently rated as exceeding expectations.

Schedule (Eastern)

12:00 pm - 1:30 pm

Welcome and Introduction

The Basic Equation of Finance

Private Company Accounting

Financial Statements

  • Balance Sheet
  • Income Statement
  • Statement of Cash Flow

Notes to Financial Statements

Auditor’s Report

Financial Statements Recap and Exercise

Program Wrap-up and Evaluation

Praise for Joe Novello

"Very impressed with Joe’s financial acumen and his ability to share that knowledge with non-financial people."

"What a great program. Joe was entertaining and totally committed."

"Really good…Explanations and examples made the materials easy to understand."

"Great presenter...covered the material very effectively."

"Excellent speaker and materials. Useful far beyond the practice of law."

"Very useful seminar, good slides, easy to understand. Shows what a big difference a good teacher can make."

Returning Registrant

Registration Fees

All costs are in Canadian dollars before taxes.

HST/GST: 848208492

Until March 24, 2023

Introduction to Financial Statements with Joseph Novello, CPA, Thursday, April 13, 2023

After March 24, 2023

Introduction to Financial Statements with Joseph Novello, CPA, Thursday, April 13, 2023

Groups Save!

Register 3+ attendees and save up to 25%. See our group discounts here. Contact

For program information contact:

Jennifer Snoyer at
Tel. 647.352.8633 or

For technical information or assistance using this site contact:

Support Team at:
Tel: 613.723.1166