Accounting Law (ACGL)
ACGL 0299. ACCOUNTING AND FINANCIAL SKILLS FOR LAWYERS. (2 to 3 Credits)
In our sophisticated and ever-evolving global economy and marketplace, lawyers, in addition to their legal expertise, often need basic accounting and financial skills to be effective. Accordingly, this three credit course is designed to provide a variety of “hands-on applications” of pertinent accounting and financial skills regarding accounting and taxation for entrepreneurs, partnerships and corporations; accounting for mergers and acquisitions; forensic accounting; accounting for managerial decisions and control and an overview of governmental and not-for-profit entities and the impact of the Sarbanes-Oxley Act (SOX) on the audits and practices of publicly-traded corporations in the United States.
Attributes: CRCP, JD, LAW, LAWB.
ACGL 0329. ACCOUNTING FOR LAWYERS. (2 to 3 Credits)
Studies business accounting with particular emphasis on the preparation and analysis of financial statements and such problems as revenues and costs, tangible and intangible assets, depreciation and amortization, inventory valuation, and surplus and reserves. In addition, discussion is directed to various phases of legal problems and the legal and financial decisions with respect to them. The course is not open to students who have taken accounting in college.
Attributes: BFF, CORC, CRCP, LAWB.
ACGL 1329. ACT EXPERIENTIAL SKILLS. (1 Credit)
Accounting Experiential Skills is a one-credit additional component to the Accounting for Lawyers class (CRN 30075). Students must register in both classes concurrently. In the experiential section, students will have the opportunity to draft and analyze financial statements, and other document relating to accounting and financial statement analysis. The goal of the class is to improve familiarity with accounting and financial concepts and attain a high level of financial literacy, which is an important skill in many areas of law practice.
Prerequisite: (ACGL 0329 (may be taken concurrently)).