Catalogue 2019 - 2020

LAWS 773 Accounting for Lawyers



Course Description

This course will introduce law students to accounting, giving them a basic understanding of financial statements, accounting mechanics, and underlying accounting concepts and principles. The course is designed for students with little-to-no background in accounting. In addition to basic accounting, we will discuss such issues as professional governance and standard setting, topics currently being reviewed by the accounting regulators and/or Congress, recent accounting scandals, Sarbanes-Oxley, and differences between the practice of law and of accounting (including ethical foundations). (This is a simulation course and satisfies 2 experiential learning credits.)