LAWS 612 - Accounting for Attorneys

Credits: 2

An introduction to the principles of accounting, including the theory and function of the balance sheet and the income statement, and the sources of authoritative accounting principles. Other concepts studied will include internal controls, auditing, materiality, and financial analysis (financial ratios). Law firm accounting and escrow accounting will also be covered.

Note: Students with six or more undergraduate credits in Accounting need special permission from the instructor to enroll.

Basis of Grade: Final Exam

Form of Grade: Letter

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