CBA SKILLED LAWYER SERIES 2018
Applying Accounting Principles to Legal Drafting
Legal and accounting principles are often two sides of the same coin in corporate and commercial drafting. Lawyers need to understand the relevance of these principles to their area of practice in order to position themselves as effective drafters. This webinar will examine how to apply accounting principles to legal drafting with practical tips from the perspective of both the lawyer and the accountant.
Topics will include:
- Investigating the scope and flexibility for interpretation of GAAP in legal drafting
- Drafting and refining terms with both GAAP and non-GAAP measures
- The interplay of legal drafting and accounting principles in M&A deals - purchase price adjustments and indemnity claims
- Managing valuation mechanics in shareholders agreements, incentive plans and related documentation
- Financial covenant drafting in loan, joint venture and similar agreements
- Drafting dispute resolution provisions to limit accounting-related misunderstandings
This is the 7th webinar of the Interpreting Financial Statements program.
Presenters
