Interpreting Financial Statements: What Attorneys Need to Know

Stephen J. Bigge | Keebler & Associates LLP

Stephen J. Bigge, CPA – is a partner with Keebler & Associates, LLP whose emphasis is in developing comprehensive financial, estate and income tax analyses and wealth transfer techniques including FLP, GRATS, CRTs, ILITs and IDGTs.

He specializes in estate, gift and retirement planning, charitable gift planning, as well as trust and estate administration. Stephen is experienced in providing tax planning for individuals, trusts and flow-through entities and prepares individual and fiduciary income tax returns. In addition, Stephen is a frequent writer for Taxes Magazine in his area of expertise.

Prior to joining Keebler & Associates, Stephen was a Senior Tax Manager with Baker Tilly Virchow Krause, LLP.

I. Why understanding financial statements is important | 2:00pm – 2:30pm

II. Synopsis of key accounting terms, principles and concepts | 2:30pm – 3:00pm

Break | 3:00pm – 3:10pm

III. In-depth discussion of the three key financial statements (balance sheet, income statement and statement of cash flows) | 3:10pm – 3:40pm

IV. Using financial statement ratios to determine the financial “health” of an entity | 3:40pm – 4:10pm