Dates and location
Hours
Dates and location
Hours
Description
CPAs review, interpret, and act on contracts throughout their careers. We may also negotiate terms, assess financial commitments, monitor covenants, support transactions, and advise clients or management—but how well do we understand the legal risks behind the wording?
This practical business law session is designed to strengthen the legal knowledge CPAs use in their everyday work.
The legal portion of the session will explore:
- How commercial contracts are structured and how to identify key obligations, deadlines, financial commitments, and missing or unclear terms
- Important clauses involving guarantees, indemnities, liability, termination, renewals, assignment, and change of control
- Financial provisions such as payment terms, holdbacks, penalties, covenants, reporting requirements, and events of default
- How contractual wording may affect accounting, financial reporting, forecasts, valuations, and business decisions
- Practical considerations when negotiating and reviewing contract amendments or redlined agreements
- When legal counsel should be involved and how finance, management, procurement, and legal teams can work together
- Legal considerations in business transactions, including letters of intent, due diligence, earn-outs, working-capital adjustments, and closing obligations
The event features two speakers offering distinct but complementary perspectives:
- A corporate and commercial lawyer will provide practical guidance on contracts, legal risk, negotiations, and business transactions.
- A commercial banking executive will provide the lender’s perspective on financing, due diligence, cash flow, debt capacity, security, and financial covenants.
The evening will also include:
- A networking session between the two presentations
- Opportunities to connect with fellow CPAs and professionals in law and commercial banking
- Dinner included
- Free parking
This event is sponsored by Royal Bank of Canada.
Key Takeaways
- Read commercial contracts more confidently and identify key obligations, deadlines, and financial commitments
- Recognize important legal clauses involving liability, indemnities, guarantees, termination, renewals, and covenants
- Understand how contract terms can affect accounting, forecasting, valuation, financing, and business decisions
- Identify common legal and financial red flags before agreements are signed or transactions proceed
- Know when to involve legal counsel and how to work more effectively with lawyers, lenders, and internal teams
- Understand how banks assess cash flow, leverage, security, due diligence, and financing risk
- Better support clients and management in contract negotiations, financing arrangements, and business transactions
Who Will Benefit
This session is ideal for CPAs who:
- Review, interpret, calculate, or execute terms within commercial contracts
- Work in corporate accounting and coordinate with legal, procurement, operations, or banking teams
- Advise management, clients, business owners, or boards
- Support contract negotiations, financing, due diligence, or business transactions
- Want to understand how commercial lending works
- Are involved in, or interested in, buying or selling a business
- Want to strengthen their practical legal knowledge and identify risks earlier
How to Access the Event
An email reminder of this event will be sent out 24 hours prior to the event. If you have not yet received the reminder 4 hours prior to the event, please do not hesitate to reach out. Please check your Junk and Spam folders and ensure membernetwork@cpaontario.ca has been added to your safe addresses.
Speaker(s)
| SPEAKERS | |
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Bahareh (Rae) Shahangian, B.A., J.D.
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Jason Solilo
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