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Introduction to Financial Forensics in Bankruptcy Proceedings

Financial Forensics

 Introduction to Financial Forensics in Bankruptcy Proceedings
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Update
Prerequisites: Participants need a background in the subject area and desire to keep current.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Accounting
Item Number: 13PFF0722
Shipping Weight: 0lbs. 0oz.
Price: $80.00
Program Description

This webinar will define and explain solvency and preference analyses in bankruptcy-related litigation. The discussion will include the roles and uses of financial forensics in bankruptcy-related litigation, particularly as these analyses relate to fraudulent conveyances and/or transfers. Additional detail will be given to the so-called three tests for solvency.

Learning Objectives

After completing this webinar, attendees will be able to:

- Define a solvency analysis
- Define a preference analysis
- Articulate how the tests are used in bankruptcy-related litigation
- Describe a fraudulent conveyance/transfer
- Explain the balance sheet test for solvency
- Explain the cash flow sheet test for solvency
- Explain the capital adequacy test for solvency

Who Should Attend

Anyone interested in learning more about bankruptcy and the financial forensic techniques that can assist the process


Mr. Michael Pakter focuses on financial analysis, forensic accounting, economic damages determination, valuation issues, and financial investigations. He has experience in financial forensics, determining lost profits, business interruption losses, earnouts, analyzing financial transactions and balances, fair value issues, and reconstruction of falsified and/or incomplete financial information.

Mr. Pakter provides consulting and litigation support services to trial lawyers, trustees, receivers, their clients, business owners and managers and state and local government. He has experience in financial analysis of disputed financial transactions in business/commercial litigation, conducting internal investigations, examining financial transactions, court-ordered accountings, damages determination, and bankruptcy core proceedings.

Mr. Pakter has more than 35 years’ experience in financial analysis, financial forensics, accounting and internal investigations in diverse engagements and numerous industries. He has participated in public hearings and alternative dispute resolutions, submitted expert reports in several jurisdictions and testified in arbitrations, regulatory proceedings and state, federal, and bankruptcy courts. Mr. Pakter has been recognized by courts and arbitral bodies as an expert in accounting, economic damages, financial analysis, and business economics.