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Understanding Financial Statements

with Adam Fitzpatrick, CPA, CA

Thursday, September 22, 2022

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 September 2, 2022
$140.00 + HST

Register after September 2, 2022
$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

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.

NB: CPD application is pending.

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.

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 practical 90-minute primer is designed for lawyers new to financial statements, or in need of a refresher. Litigators and transactional lawyers alike will benefit from attending.

About the Program

Having a basic knowledge of financial statements is crucial for every well-rounded lawyer. The more you understand about financial statements, the better you’ll be able to counsel clients with confidence and use your financial understanding to your client’s advantage during negotiations or litigation. Attend this newly updated program with CPA, CA  Adam Fitzpatrick and learn how to understand the basic structure of a financial statement and identify its key components. You’ll work through sample balance sheets, income statements, and cash flow statements, including examples for a small law firm. You’ll also learn about the different levels of assurance that external accountants provide on financial statements so you can better understand when you can and cannot rely on those statements. Don’t miss this opportunity to get the fundamental knowledge you need to understand financial statements encountered in day-to-day business, family, estates, and general civil litigation practice. Developing a working knowledge of financial statements will also help principals of sole practitioner and smaller law firms better understand their own financial performance, and better manage their practice. Register early and save!

Meet Your Presenter

Adam Fitzpatrick

Adam Fitzpatrick is a Partner and Senior Manager in BDO's St. John's office. Adam has close to 15 years of professional experience, providing assurance and accounting services. Adam works with clients in a wide range of industries including Technology & Life Sciences, Real Estate & Construction, Aquaculture, Public Sector, and is currently the Technology leader for the BDO Atlantic Canada office. Outside of working in public accounting, Adam spent two years as the financial controller for a publicly traded technology company in St. John’s.

Schedule (Eastern)

12:00 pm - 1:30 pm

Welcome and Introduction

The Basic Accounting Equation

Introduction to Financial Statements

  • Balance Sheet
  • Income and Cash Flow Statements
  • Notes to Financial Statements
  • Management Discussion and Analysis
  • Auditor’s Report

Financial Statements Recap and Exercise

Different Types of Financial Reporting Standards

Different Types of Assurance on Financial Statements

Wrap-up and Program Evaluation

Praise for Past Programs

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

"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."

"Appreciated the time the presenter took with each statement. This was all new for me. I learned a lot."

Returning Registrant

Registration Fees

All costs are in Canadian dollars before taxes.

HST/GST: 848208492

Until September 2, 2022

Understanding Financial Statements with Adam Fitzpatrick, CPA, CA, Thursday, September 22, 2022

After September 2, 2022

Understanding Financial Statements with Adam Fitzpatrick, CPA, CA, Thursday, September 22, 2022

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