University of Miami School of Law CourseLink Course Description - Online System
 StudentLink New   Concentration/Area of Focus Registration New
Print

Summer 2020
LAW123  DL  FINANCIAL ACCOUNTING FOR LAWYERS

Course Description
This course will be asynchronous with selected synchronous components to be scheduled once class begins.

The course focuses on the analysis and use of financial accounting information in the evaluation of corporate performance. The course initially demonstrates the accounting process and resulting generation of financial statements. Building on these core accounting concepts, the course emphasizes the understanding of financial statements prepared under U.S. and International Accounting Standards and the analysis of these financial statements including common size analysis, ratio analysis, the impact of taxes, and credit analysis. Completion of the course will enhance the student's ability to read, interpret and analyze financial statements for making investment, credit, acquisition and other evaluation decisions. LEARNING OBJECTIVES Upon completion of this course you should be able to: Comprehend financial accounting's role in business and understand the differences between financial and management accounting. Read and understand company financial statements including the income statement, the balance sheet, the statement of changes in shareholders equity and the statement of cash flows Use common size analysis and ratio analysis to evaluate a company on the following dimensions: Efficiency, Liquidity, Solvency, Profitability, Cash flow Understand how creditors and investors evaluate a company, including an assessment of credit and investment worthiness.


Course Schedule
None

Course Frequency
This course is usually offered once every academic year

Course Information

Credits: 3
Pass/Fail Option: Yes
Prerequisite: This course is intended to be an introduction to financial accounting for students who do not have a degree in accounting or who did not pursue accounting training previously. Students who have taken accounting courses beyond the introductory level (ex. 300(0) level accounting course such as Intermediate Accounting) are only allowed to take this course as an upper-level student on a Pass/Fail grading basis. Be sure to check with the Law Registrar’s office, or either Professor with a copy of your transcripts, in advance if you think this may apply to you to confirm the grading basis.
Grading: Graded
Method of Evaluation: Grading basis.
Graduation Requirements Fulfilled By Course:
General
Special Attributes:
Distance Learning
Course Delivery:

Special Restrictions: Students who have taken accounting courses beyond the introductory level (ex. 300(0) level accounting course such as Intermediate Accounting) are only allowed to take this course as an upper-level student on a Pass/Fail grading basis.
Law Track(s):
Business & Taxation - Basic
Bar Subject(s):
NEW YORK SKILLS
Concentration(s):
The Business of Innovation, Law and Technology: BILT (Concentration)   More information
Course Book(s):
Textbook Required:
Yes  
  • Textbook Name: Wiley Online
    Textbook Type: E-book
    Requirement: Required
    Author: www.wileyplus.com/go/login. Create New Account, Course ID A62504
    Publisher: Wiley
      

Additional Materials:
The course will be using an e-book that is on Wiley's website. Students need to purchase the course through Wiley. www.wileyplus.com/go/login Create New Account, Course ID A62504  
First Class Assignment(s):
  • Assignment: 1. Purchase WileyPlus Course. See attached flyer or Visit www.wileyplus.com/go/login, then click on “Create Account” to create an Account. After you create your account, the Course Section ID is A62504. 2. Review the attached syllabus making note of dates on the schedule where we will meet in person. Add to your schedule our first class meeting on Monday, May 18th at 11 am EST. This meeting will be from 11 am to 12:15 pm. It will be a virtual meeting. To attend the class meeting you will log into Blackboard (www.courses.miami.edu) and then click on “Collaborate Ultra” from the left hand-side menu bar. You will then see the option to join the class meeting. 3. Read Chapter #1 and watch the two lecture videos posted in Blackboard in the Chapter #1 folder under Week of May 18th. 4. Go to the Discussion Board in Blackboard and post a response in the “Introduction” threaded discussion.

    Material:
    Purchase WileyPlus Course. See attached flyer or Visit www.wileyplus.com/go/login, then click on “Create Account” to create an Account. After you create your account, the Course Section ID is A62504.
      

    Course Flyer with instructions on how to purchase e-textbook and wileyplus site access.pdf
    Intro email.pdf
    LAW 123 - Summer 2020 - SYLLABUS Final.pdf

 
Professor(s)

BOND, JAMES


Biography
Contact Information:
Email: jbond@law.miami.edu
Phone: 305-284-3487

PEREZ, MARIO


Biography
Contact Information:
Email: mperez@bus.miami.edu