Introduction to Financial Statements for Lawyers

Financial statements can be complicated, and the Secretariat's mission is to help you face them with more confidence. Join us as we hear from Secretariat on their run down of the key concepts of financial statements.
This session will help attendees become more comfortable with “the numbers” so you know what to look for when you come across them as part of a transaction or litigation matter.
During this session, we will explore:

Toronto Lawyers Association
For more than 135 years, the Toronto Lawyers' Association, located within the Courthouse Library, has represented the interests of lawyers practising in the City of Toronto. The association was founded to support its members in three key areas: Knowledge, Advocacy, and Community. To uphold these pillars, the association offers a year-round mix of online and in-person education programs for lawyers, hosts both free and paid events to foster in-person networking, and submits advocacy pieces on behalf of its members to the Ontario bench and bar, all levels of government, and the broader public.

Valuation & Damages Professional
I am an Associate with 4 years of experience providing Valuation, Damage Quantification and Forensic Accounting services to private and public clients across many industries. Secretariat is a leading independent expert services and litigation consulting firm serving a wide range of clients and industries globally. Driven by the firm’s spirit of “Experience Above All,” our people and capabilities are distinct by nature. Our credentials and expertise help us stand out as thought leaders in the sectors we serve. Quality, integrity, and independence are woven into every aspect of our work. But, most importantly, when the stakes are high, we thrive on working through the most daunting problems in ways that remove uncertainty and instill confidence. Headquartered in Atlanta with offices in the world’s key financial and arbitration centers, we are proud to have earned several distinctions that showcase the quality and expertise of our people, including the number two ranking in Global Arbitration Review’s prestigious GAR 100 Expert Witness Firms' Power Index in 2020 and “A Best Firms to Work For” from Consulting magazine in 2019. Secretariat. Experience Above All.

Director at Secretariat, Expert in litigation support, damages quantification, business valuation and forensic investigations
Ivy Tse is a Canadian Chartered Professional Accountant (CPA, CA) and Chartered Business Valuator (CBV). She is also Certified in Financial Forensics (CFF), demonstrating considerable expertise in forensic accounting through her knowledge, skills, and experience. Ivy began her professional practice in 2005 in public accounting and taxation. Since 2012, Ivy has practiced exclusively in the area of business valuations, forensic accounting and litigation support. Ivy has experience in quantification of economic damages for privately-owned and publicly traded companies, as well as extensive forensic accounting investigations for companies with complex organizational structures. She has also prepared numerous business valuation reports relating to corporate reorganizations, shareholder disputes and matrimonial disputes, including calculations of income for child and spousal support purposes. Her casework covers a broad range of industries including manufacturing, retail/distribution, information technology, financial services, pharmaceuticals, construction and transportation.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.