Financial Management: E-Learning CLM Supplement

Sew Up Your Financial Management Skills

We surveyed CLMs to find out the topics that gave them the most challenges. Finance was the most commonly cited topic.

That’s where our finance supplement can help! Here you will find six components to help boost your finance knowledge for the CLM exam:

• Finance vocabulary memorization flashcards
• Short videos introducing and explaining the accounting concepts and equations
• Jigsaws to recreate the accounting equations
• A tool to explore what factors affect whether to buy or lease an asset
• An exercise to create your own budget and conduct a break even analysis
• An extended scenario to apply and draw conclusions from financial information across time

Objectives

• Recall vocabulary terms related to financial management.
• Recall the finance equations and ratios appearing in the Study Guide.
• Distinguish situations in which it is advantageous to lease from those in which it is better to buy an asset.
• Create an original expense budget.
• Solve an equation to determine law firm billing hour targets for varying expenses.
• Apply the correct finance equation or ratio in appropriate real-world scenarios.
• Synthesize a conclusion about financial health from multiple data points in financial reports.

Audience Level: Intermediate

Successful completion of this course provides 2 hours of credit for the CLM. It can be applied in any of the following ways:

• 2-hour CLM application credit in Organizational Development
• 2-hour CLM application credit for functional specialists in FM
• 2-hour CLM recertification credit for FM

Register today! It’s $119 for members and $149 for nonmembers; or bundle to save.

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