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LAW 0570: Accounting for Lawyers
Spring 2019 • Section 01 • CRN 39834

Course Description

Lawyers today routinely encounter financial information in varied settings, including in both transactional and litigation contexts. Lawyers with a good understanding of basic accounting are at an advantage in diverse legal practice settings. The accounting topics covered in this course are essential for lawyers who plan to work in a variety of transactional, regulatory, litigation, and other contexts. This course introduces basic principles of accounting with a focus on the practical importance of accounting for lawyers. This course will focus on preparing students to become knowledgeable consumers of financial information, as well as understand the implications of common uses and misuses of financial information. This course will cover a range of topics, including fundamental principles of accounting, accounting treatment for assets, liabilities, capital, income and expense accounts, preparation and analysis of financial reports, time value of money, valuation, and auditing, with attention to the role of lawyers in accounting contexts. This course will not have an exam. Students will complete problems sets, give class presentations on accounting related topics, and complete assigned class writings or a class project. Students with prior coursework in accounting will need the prior permission of the instructor to enroll in this course.


Schedule

Day/Time Location
M 10:00-11:50 AM Klein 2A

Course Details

Instructor
  • Olufunmilayo Arewa
Credit Hours

2 Credits

Seats/Capacity

No Limit

Course Type
  • Non-Exam
Course Modality

Classroom

Fulfills J.D. Requirement

None

Registration Info

No Registration Restrictions.


Book List/Materials