Wolters Kluwer Law & Business Introduces New Financial Reference Guide for Corporate Attorneys

Valuable Knowledge Tools for Navigating Today’s Regulatory Environment

(RIVERWOODS, ILL., September 21, 2010) – Effective corporate counselors know that a thorough understanding of their company’s financial practices is essential for asking the right questions and eliminating potential risks involving conflicts of interest or other activities that may call credibility into question. Wolters Kluwer Law & Business’ new publication, Corporate Counselor’s Business Handbook, provides specific, practical guidance on the fundamentals of accounting and finance, and includes discussion on regulations such as the Sarbanes-Oxley Act. Wolters Kluwer Law & Business is a leading provider of information and software solutions in key specialty areas for legal and business professionals, with products under the CCH and Aspen names (wolterskluwerlb.com).

The practical guidance topics will enable corporate counselors to:

  • Read balance sheets, income statements and cash flow statements with confidence;
  • Understand a company’s financial metrics;
  • Engage in business valuation;
  • Interact with clients on business topics;
  • Read annual reports efficiently;
  • Comprehend the advantages and disadvantages of different types of debt;
  • Identify problems in a wide array of business areas; and
  • Apply basic accounting principles – and recognize when they’re not being applied.

Command of these concepts will enable an attorney to provide more specific and accurate legal advice to corporate clients. In fact, in both transactional and litigation matters, a working knowledge of accounting and finance is crucial for corporate counsel.

“Many claim accounting is the real language of business and you’ll need an interpreter if you’re not familiar with the ways your company accounts for the money it earns, spends and invests,” says Chris Carr, Wolters Kluwer Law & Business Product Manager. “With a practicing lawyer’s needs in mind, the Corporate Counselor’s Business Handbook explains corporate financial statements and key indicators which describe a company’s overall performance and direction. It also prepares lawyers to understand the challenges faced by their clients’ businesses and empowers them to provide viable solutions.”

For More Information

For information on ordering the handbook, please visit www.aspenpublishers.com or call 1-800-638-8437.

About Wolters Kluwer Law & Business

Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include health care organizations, law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill. Wolters Kluwer is a market-leading global information services company.