Financial Accounting for Lawyers

2 units

Enrollment Limit: 30. [JD/MBA students are not eligible to take this course, as it is duplicative of the accounting course taken in the MBA program. Students with a graduate and/or undergraduate degree in accounting are not eligible.] Maintaining a basic knowledge of accounting concepts empowers lawyers in their practice, and this course strives to equip lawyers with the ability to confidently engage with accounting and financial matters. The course will introduce the students to the basic concepts and accounting methods underlying financial statements as well as providing the necessary training for the students to analyze and interpret financial statements. The class will also cover basic finance principles. Upon completion of this course, Students will: 1) Understand the basic concepts of financial statements 2) Develop an understanding of financial terms and definitions 3) Apply financial concepts to the execution of legal duties. Student attendance and class participation are required. Student grades will be based upon a final exam (80%) and class participation (20%). The final exam is graded anonymously.